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Penn Arts Apartments 111 E 16th St 1,697 SF of Office Space Available in Indianapolis, IN 46202



Highlights
- Located in Indianapolis' historic Near Northside, 111 E 16th St offers character-rich Art Deco architecture paired with modern office functionality.
- Turnkey 1,697 SF office suite delivers flexible workspace ideal for professional services, creative firms, small teams, or satellite offices.
- Approximately 1.3 miles north of the Mass Avenue Arts District, offering convenient access to dining, retail, and entertainment options.
- Situated just north of Downtown Indianapolis, providing convenient access to the Central Business District without downtown congestion or pricing.
- Proximity to Interstates 65 and 70, along with US Route 40, places regional connectivity approximately 2 miles from the property.
- Connectivity to the Indianapolis Cultural Trail supports bike and pedestrian access throughout Downtown and surrounding neighborhoods.
All Available Space(1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Build-Out
- Available
Position your business in a well-appointed, turnkey office suite offering 1,697 SF of flexible workspace in a highly accessible location just minutes from downtown Indianapolis. This suite is ideal for professional services, creative firms, small teams, or satellite offices looking for a polished environment without the overhead of a large corporate space.
- Listed rate may not include certain utilities, building services and property expenses
- 4 Private Offices
- Reception Area
- Kitchenette/break area
- Ample natural flow between work areas
- Fully Built-Out as Standard Office
- Space is in Excellent Condition
- Dedicated lobby/reception area
- Efficient, functional layout
| Space | Size | Term | Rental Rate | Space Use | Build-Out | Available |
| 1st Floor, Ste 100 | 1,697 SF | Negotiable | $21.21 /SF/YR $1.77 /SF/MO $35,993 /YR $2,999 /MO | Office | Full Build-Out | Now |
1st Floor, Ste 100
| Size |
| 1,697 SF |
| Term |
| Negotiable |
| Rental Rate |
| $21.21 /SF/YR $1.77 /SF/MO $35,993 /YR $2,999 /MO |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor, Ste 100
| Size | 1,697 SF |
| Term | Negotiable |
| Rental Rate | $21.21 /SF/YR |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Position your business in a well-appointed, turnkey office suite offering 1,697 SF of flexible workspace in a highly accessible location just minutes from downtown Indianapolis. This suite is ideal for professional services, creative firms, small teams, or satellite offices looking for a polished environment without the overhead of a large corporate space.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Office
- 4 Private Offices
- Space is in Excellent Condition
- Reception Area
- Dedicated lobby/reception area
- Kitchenette/break area
- Efficient, functional layout
- Ample natural flow between work areas
About the Property
Located in the heart of Indianapolis' historic Near Northside, 111 E 16th Street is home to Penn Arts Apartments, a beautifully restored Art Deco building that blends vintage charm with modern use. Currently available within the property is a well-appointed, turnkey office space totaling 1,697 square feet of flexible workspace. Well-suited for professional services, creative firms, small teams, or satellite offices, the suite provides a polished, efficient environment without the overhead of a large corporate footprint. Nestled between the vibrant Herron-Morton Place and Old Northside neighborhoods, the location supports a walkable, community-oriented environment rich in character and local appeal. Just minutes from Downtown Indianapolis, the area provides convenient access to major employers, cultural attractions, and entertainment venues. Nearby amenities include the Children's Museum of Indianapolis and IU Health Methodist Hospital, placing businesses close to key employment centers and everyday conveniences. Additional advantages include proximity to the lively Mass Avenue Arts District, known for its eclectic mix of restaurants, boutiques, and theaters. Connectivity to the Indianapolis Cultural Trail provides easy access throughout the city by bike or on foot. Public transportation and regional connectivity are supported from 111 E 16th Street, with IndyGo bus service along East 16th Street providing direct access to Downtown Indianapolis and the Central Business District (CBD). Access to the city and surrounding areas is further enhanced by proximity to Interstates 65 and 70, as well as Route 40 (Washington Street), all located approximately 2 miles from the property. Situated just north of Downtown Indianapolis, 111 E 16th Street offers a flexible office opportunity in a distinctive, character-rich setting, with convenient access to the CBD, transit options, and surrounding neighborhood amenities.
Property Facts
| Total Space Available | 1,697 SF | Apartment Style | Mid-Rise |
| No. Units | 46 | Building Size | 43,850 SF |
| Property Type | Multifamily | Year Built/Renovated | 1926/1980 |
| Property Subtype | Apartment |
| Total Space Available | 1,697 SF |
| No. Units | 46 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Size | 43,850 SF |
| Year Built/Renovated | 1926/1980 |
Presented by
Indy Collective
Penn Arts Apartments | 111 E 16th St
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