Investment Overview
The ICLEF Building presents a rare opportunity to acquire a historic office property in the heart of downtown Indianapolis' Central Business District. Located at 230 E. Ohio Street, this six-story, 31,726-square-foot asset offers a unique combination of existing tenant income and exceptional owner-user flexibility. At closing, approximately 14,631 square feet currently occupied by the owner is expected to become available, with the potential for an owner-user to occupy up to approximately 26,228 square feet over time, subject to future lease activity. Positioned within walking distance of Mass Ave, City Market, Monument Circle, government offices, dining, and entertainment, the property provides an ideal long-term headquarters opportunity in one of Indianapolis' most desirable urban office locations.
Investment Highlights
- Up to 26,228 SF potential owner occupancy
- Existing tenant income provides in-place revenue
- Historic six-story office building in the Indianapolis CBD
- Walkable location near Mass Ave, City Market, and Monument Circle
- Flexible occupancy strategy with immediate and future availability