Your email has been sent.
The Pennway Building 241 N Pennsylvania St 2,632 - 23,437 SF of Office Space Available in Indianapolis, IN 46204
Highlights
- The Pennway Building is the perfect blend of early-century character and contemporary style spanning 31,187 SF across four floors and a lower level.
- LEED Gold certified with modern amenities like a fitness center, sub-surface parking, key fob entry, and locker room facilities.
- Building signage available to form a high-identity presence on Pennsylvania and New York Street, passed by thousands of pedestrians and drivers daily.
- Historically rich design showcased throughout with a beautiful marble exterior, ornate iron staircase and elevators, and exposed brick and steel.
- Centrally located between Mass Ave, Monument Circle, and University Park offering boundless walkable restaurants, entertainment, sports, and hotels.
All Available Spaces(5)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Build-Out
- Available
- Rate includes utilities, building services and property expenses
- 11 Private Offices
- 8 Workstations
- Fully Built-Out as Law Office
- 1 Conference Room
- Rate includes utilities, building services and property expenses
- Space is in Excellent Condition
- Open-Plan
- Open Floor Plan Layout
- Corner Space
- Rate includes utilities, building services and property expenses
- Open Floor Plan Layout
- Fully Built-Out as Professional Services Office
- Rate includes utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- Fully Built-Out as Professional Services Office
- 2 Private Offices
- Rate includes utilities, building services and property expenses
- Open Floor Plan Layout
- Fully Built-Out as Professional Services Office
| Space | Size | Term | Rental Rate | Space Use | Build-Out | Available |
| 1st Floor, Ste 100 | 5,631 SF | Negotiable | $25.50 /SF/YR $2.13 /SF/MO $143,591 /YR $11,966 /MO | Office | Full Build-Out | Now |
| 2nd Floor, Ste 200 | 2,632 SF | Negotiable | $25.50 /SF/YR $2.13 /SF/MO $67,116 /YR $5,593 /MO | Office | Spec Suite | Now |
| 2nd Floor, Ste 201 | 2,868 SF | Negotiable | $25.50 /SF/YR $2.13 /SF/MO $73,134 /YR $6,095 /MO | Office | Full Build-Out | Now |
| 3rd Floor, Ste 300 | 6,140 SF | Negotiable | $25.50 /SF/YR $2.13 /SF/MO $156,570 /YR $13,048 /MO | Office | Full Build-Out | Now |
| 4th Floor, Ste 400 | 6,166 SF | Negotiable | $25.50 /SF/YR $2.13 /SF/MO $157,233 /YR $13,103 /MO | Office | Full Build-Out | Now |
1st Floor, Ste 100
| Size |
| 5,631 SF |
| Term |
| Negotiable |
| Rental Rate |
| $25.50 /SF/YR $2.13 /SF/MO $143,591 /YR $11,966 /MO |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Floor, Ste 200
| Size |
| 2,632 SF |
| Term |
| Negotiable |
| Rental Rate |
| $25.50 /SF/YR $2.13 /SF/MO $67,116 /YR $5,593 /MO |
| Space Use |
| Office |
| Build-Out |
| Spec Suite |
| Available |
| Now |
2nd Floor, Ste 201
| Size |
| 2,868 SF |
| Term |
| Negotiable |
| Rental Rate |
| $25.50 /SF/YR $2.13 /SF/MO $73,134 /YR $6,095 /MO |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
3rd Floor, Ste 300
| Size |
| 6,140 SF |
| Term |
| Negotiable |
| Rental Rate |
| $25.50 /SF/YR $2.13 /SF/MO $156,570 /YR $13,048 /MO |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
4th Floor, Ste 400
| Size |
| 6,166 SF |
| Term |
| Negotiable |
| Rental Rate |
| $25.50 /SF/YR $2.13 /SF/MO $157,233 /YR $13,103 /MO |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor, Ste 100
| Size | 5,631 SF |
| Term | Negotiable |
| Rental Rate | $25.50 /SF/YR |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Law Office
- 11 Private Offices
- 1 Conference Room
- 8 Workstations
2nd Floor, Ste 200
| Size | 2,632 SF |
| Term | Negotiable |
| Rental Rate | $25.50 /SF/YR |
| Space Use | Office |
| Build-Out | Spec Suite |
| Available | Now |
- Rate includes utilities, building services and property expenses
- Open Floor Plan Layout
- Space is in Excellent Condition
- Corner Space
- Open-Plan
2nd Floor, Ste 201
| Size | 2,868 SF |
| Term | Negotiable |
| Rental Rate | $25.50 /SF/YR |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Professional Services Office
- Open Floor Plan Layout
3rd Floor, Ste 300
| Size | 6,140 SF |
| Term | Negotiable |
| Rental Rate | $25.50 /SF/YR |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Professional Services Office
- Mostly Open Floor Plan Layout
- 2 Private Offices
4th Floor, Ste 400
| Size | 6,166 SF |
| Term | Negotiable |
| Rental Rate | $25.50 /SF/YR |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Professional Services Office
- Open Floor Plan Layout
Matterport 3D Tour
Property Overview
The Pennway Building: Where Legacy Meets Vision Originally constructed in 1902 as the Pennway Building, this storied structure served as a landmark headquarters for Indiana’s pioneering energy companies and local institutions. Now reintroduced under its historic name, the Pennway Building blends a century of architectural character with a modernized boutique office experience. Located at 241 North Pennsylvania Street in the heart of Downtown Indianapolis, the building offers full-floor identity, exposed brick interiors, on-site parking, and LEED Gold certification. The Pennway Building is outfitted with all of the essentials and more after a comprehensive renovation in 2011. Peace of mind is ensured with secure key fob access to the building, suites, and restrooms. Teams can use the kitchenette and breakroom to unwind or chat with their partners in the client lounge. It’s also easy to fit in a workout with the on-site fitness center supported by private showers and locker rooms. The dynamic suite mix includes turnkey, fully furnished spaces and customizable spec suites with sizes from approximately 2,238 to 25,053 square feet, with optionality for both open and private office layouts. The Pennway Building is an excellent asset for a variety of business looking to delivery a unique workplace experience in one of the most activated corridors in downtown Indianapolis offering tenants both a prime location, brand visibility, and a workplace experience that embodies authenticity, creativity, and a sense of place in the city’s urban core. Pennsylvania Street is the primary thoroughfare for Downtown Indianapolis, laying out a world of amenities at the building's doorstep, and tenants can maximize this prominent position with building signage available. The Pennway Building boasts a walk and bike score of 99, with popular destinations like Mass Ave, Gainbridge Fieldhouse, Georgia Street, Monument Circle, and the expanded entertainment districts only blocks away. The heart of the CBD is also steps from the office, ideal for nurturing professional partnerships, hosting visitors in the city’s top hotels, or exploring the premier shopping and dining options.
- Atrium
- Controlled Access
- Fitness Center
Property Facts
Select Tenants
- Floor
- Tenant Name
- Industry
- 3rd
- Colliers
- Real Estate
- 1st
- Raymond James
- Finance and Insurance
Sustainability
Sustainability
LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)
Presented by
The Pennway Building | 241 N Pennsylvania St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.