The Pennway Building
Unique Boutique Office Building Downtown Indianapolis
FOR SALE or FOR LEASE
Where Legacy Meets Vision
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Introducing 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. Now reintroduced under its historic name, The Pennway Building blends a century of architectural character with a modern boutique office experience. Located at 241 North Pennsylvania Street in Downtown Indianapolis, it offers full-floor identity, exposed brick interiors, on-site parking, and LEED Gold certification—positioning it as a premier destination for tenants seeking authenticity, creativity, and a sense of place in the urban core.
A Historic Opportunity
Up to 24,071 RSF Available
4 floors & lower level
Historic, early-century style building
Built in 1902, renovated in 2011
LEED GOLD Certified
On-site sub-surface parking (13 spaces) & additional spaces available in neighboring Ardmore Garage
Highly-visible building signage potential
On-site fitness center with showers & locker room
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Dynamic Views
Panoramic perspectives of Downtown Indianapolis with an abundance of natural light, and open spaces for clients & co-workers to do business
Creative Character
The Pennway Building’s historically rich architectural design is showcased throughout, with a beautiful marble exterior, ornate iron staircase and elevators, and exposed brick and steel.
Modern Amenities
On-site convenience: kitchenette & breakroom, client lounge, sub-surface parking with heated entrance ramp, fitness center with private showers & locker room, and key fob for secure entrance to building, suites & restrooms
Heart of the City
Visibility along primary downtown thoroughfare Pennsylvania Street
On the doorstep of popular Mass Ave Cultural Arts District & Monument Circle
Blocks from Gainbridge Fieldhouse, Georgia Street & expanded entertainment district
Walking distance to core CBD
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The Scores
Floor Plans
Click on each floor to view floor plans
View Lower
Level Parking
Lower Level
Lighting: LED lighting with motion sensors
Parking: 13 Spaces
Access: Heated drive accessible via New York St
1st Floor
Suite 100
5,631 RSF
Suite 200
Suite 201
3,033 RSF
1,759 RSF
2nd Floor
Suite 300
6,140 RSF
3rd Floor
Suite 400
6,166 RSF
4th Floor
Promintent Branding Opportunites
The Pennway Building
ANDREW URBAN SIOR CCIM +1 317 713 2167
andrew.urban@colliers.com
Aaron SNoDDY +1 317 713 2106 aaron.snoddy@colliers.com
Unique Boutique Office Building Downtown Indianapolis
FOR SALE or FOR LEASE
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A Historic Opporunity
Heart of the City
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