351 S. East St.

351 S. East St.
Indiana Oxygen Building
Historic Building Located in the Heart of
one of Indianapolis’ Hottest Neighborhoods
Built in 1930, the Indiana Oxygen Building is registered on
the trust of national historical places. This 742-ton masonry
building was originally built for the Indiana Oxygen Company
and was moved to its new location in 1997 in order to dodge a
wrecking ball. Later it housed the well known and much-loved
Dunaway’s Restaurant, famous for its delicious steak and seafood,
as well as the city’s premier outdoor dining area, which boasted
an unparalleled view Indianapolis’ downtown skyline. Many of the
original Gothic and Art Deco interiors remain in place from the
Oxygen’s Company’s executive suites, and the bar from Dunaway’s
Restaurant still remains on the first floor. The building’s roof deck,
with its sweeping downtown views, remains in place and will be
doubled in size. These features add a very unique appeal to an
already unique building.
Once you step out of the front door, it does not matter which
direction you travel — you will be in the heart of the city. The building
is within walking district of a bevy of desirable locations, including
downtown Indianapolis, some of the city’s largest employers,
modern apartment complexes, and its newest and most popular
restaurant and nightlife scene.
To the north of the building lies the Central Business District and
the most active development quadrant of Downtown Indianapolis.
Amongst the development is the Cummins Headquarters building
($40.4 million), the new Transit Center ($20 million), the City Count
Plaza redevelopment ($12.5 million), the highly anticipated 21C
Hotel ($55 million), the Artistry Phase II ($32 million) apartment
complex, and 360 Market Square, which includes a Whole Foods
($121 million). Some of the largest employers in the state — Eli
Lilly Pharmaceuticals, Rolls Royce, Farm Bureau Insurance, and
Wellpoint/Anthem, to name a few — all have major headquarters
and other large installations within walking distance of the building,
to the north and west. Finally, to the south and east lie Fountain
Square and Fletcher Place, a couple of the coolest neighborhoods
in town. Both areas have seen huge investment and redevelopment
in recent years, and have become a premier destination for foodies,
with a strong nightlife scene consisting of a live music, art galleries,
duckpin bowling, and an array of bars and restaurants.
The Indiana Oxygen Building represents a truly unique real estate
opportunity, combining a rich historic and architectural past with an
up-and-coming Indianapolis location.
E PEARL ST
12
D
IN
6
15 16
17
E HENRY ST
S CINCINNATI ST
AVE
19
NS DR
E MORRIS ST
milktooth
ER
IS
AL
LE
Y
ET
CH
H
60
DELOSS ST
PL
AV
E
0
S
ENGLISH AVE
SPANN AVE
AV
E
FLETCHER AVE
LE
XI
WRIGHT ST
NOBLE ST
BUCHANAN ST
COMMO
E
GL
M
NOBLE ST
40
47
EI
EN
ER
EL
GREER ST
S ME
S UNION ST
CHARLES ST
ELI LILLY
DR
FL
20 21
ST
23 22
E NORWOOD ST
24 25 28
26
27
E McCARTY ST
N ORIENTAL ST
HARRISON ST
STEVENS ST
SYCAMORE ST
AVE
LORD ST
14
LEXINGTON AVE
E MERILL ST
ERN
BATES ST
FLETCHER
18 PLACE
S PARK AVE
YMCA
S NEW JERSEY ST
10
S ALABAMA ST
N DELAWARE ST
S PENNSYLVANIA ST
S MERIDIAN ST
N ST
9
L
8
ISON
RIDIA
18
AI
W HENRY ST
7
MAD
ROLLS
ROYCE
CITYWAY
AST
E GEORGIA ST
INDIANA FARM
BUREAU INSURANCE
TR
SOUTH ST
E GEORGIA ST
L
5
WELLPOINT
RA
MECHANIC ST
W JACKSON ST
BANKERS LIFE
FIELDHOUSE
U
LT
S SCIOTO ST
GEORGIA ST
THE
E MARYLAND ST
CU
S
LI E
PO A AV
NA INI
IA VIRG
BANKERS LIFE CT
SOU
NG
TO
N
EL
AV
E
M
HO
ST
SB
RO
OK
HOYT AVE
SPRUCE ST
E MARYLAND ST
LAUREL ST
3
E PEARL ST
4
OLIVE ST
2
E WASHINGTON ST
SHELBY ST
E WASHINGTON
N DAVIDSON ST
E COURT ST
1
first friday
E OHIO ST
11
N PARK AVE
E MARKET ST
calvin fletcher coffee co
EAST ST
E WABASH ST
N NEW JERSEY ST
SOLDIERS &
SAILORS MONUMENT
radio radio night club
S ALABAMA ST
N TALBOTT ST
MENT CIR
NU
E
CL
MO
duckpin bowling
LEXINGTON AVE
PLEASANT ST
ST
29
30 31
BUCHANAN ST
32
36
WOODLAWN ST 33
37 39 42
43
34
38 40
35
44
41
E MORRIS ST
45
WOODLAWN AVE
FOUNTAIN SQUARE
PROSPECT ST
fletcher place
PROSPECT ST
bluebeard
PROJECT HIGHLIGHTS
• Historic building with character and detail that cannot be recreated
• L
ocated in historic Fletcher Place and walking distance to Indy’s hippest neighborhood,
Fountain Square
• 1,800+ SF Rooftop Deck with elevator access and not-to-be missed skyline views
• Strong natural light and window line
• Full bar with multiple taps located on building’s first floor
• Abundant parking (controlled and downtown – a true rarity)
• Building signage available
• Up to +/-12,000 square feet of contiguous space (not including the roof top deck)
NEARB Y A ME N I T I E S
1. The Conrad Hotel
2. Circle Center Mall
3. Palomino
4. Scotty’s Brewhouse
5. Slippery Noodle Inn
6. Tow Yard Brewing
7. Cerulean Restaurant
8. The Alexander Hotel
9. Yolk
10. Plat 99
11. Sun King Brewing Company
12. Indiana City Brewing Company
13. Indiana Farm Bureau Insurance
14. Iaria’s Italian Restaurant
15. Ember Urban Eatery
16. Donatos Virginia Avenue
17. Body Works Day Spa & Hair Salon
18. Milktooth, 19. Milktooth
20. South of Chicago Pizza
21. Cafe Nonna
22. Tortas Guicho Dominguez y El
23. Repeal Restaurant
24. Bluebeard
25. Rook
26. Calvin Fletcher Coffee Co.
27. Chilly Water Brewing Company
28. Hotel Whiskey Tango
29. Siam Square
30. Peppy’s Grill
31. Naisa Pan Asian Restaurant
32. The Cultured Swirl Frozen Yogurt
33. La Margarita Fountain Square
34. Murphy Building
35. Red Lion Grog House
36. Pure Eatery
37. Mama Irma Peruvian Restaurant
38. El Arado Mexican Grills
39. Maria’s Pizza
40. Smokehouse on Shelby
41. Duckpin Bowling & Fountain Square
Theatre
42. Funkyard
43. Revolucion
44. Radio Radio Night Club
45. Shelbi Street Cafe & Bistro
46. Nourish
47. Bosphoros Istanbul Cafe
BASEMENT
FIRST LEVEL
Floor Plans
SECOND LEVEL
ROOF
241 N. Pennsylvania St. Ste 300 | Indianapolis, IN 46204 | 317 713 2100
colliers.com
Rich ForslundMatt Langfeldt
317 713 2172
317 713 2173
rich.j.forslund@colliers.com
matt.langfeldt@colliers.com