2121 Madison Avenue, Indianapolis, IN 46225
- $380,000
- 4,380
- SqFt
- List Price
- $380,000
- MLS#
- 22107440
- Property Type
- Commercial Sale
- Sqft. of Residence
- 4,380
- Year Built
- 1944
- Days on Market
- 41
- Status
- ACTIVE
Property Description
Rare four-parcel mixed-use offering totaling 0.36 acres (15,682 SF) in a rapidly appreciating near-south Indianapolis corridor, easy interstate access, minutes from downtown, Fountain Square, and Bates-Hendricks. The 4,380 SF two-story building provides flexible owner-user space: a ground-floor office and rear warehouse served by a drive-in door (10' W x 9' H, with height-expansion potential), plus a recently renovated upper-level 2-bed/1-bath apartment suited to live-work use or rental income. Heating is provided by a functional boiler-and-radiator system; newer roofing covers the front office and residential portions, while the rear warehouse has an older flat roof. Three of the four contiguous, separately platted lots are vacant, offering expansion, parking, or redevelopment flexibility amid active land assembly in the immediate area. Delivered vacant for immediate occupancy - a versatile value-add or assemblage opportunity. Buyer to verify zoning and square footage.
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Additional Information
- Acres
- 0.36
- Region
- Center
Listing courtesy of Connor Jones from Mark Dietel Realty, LLC
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