1440 Madison Ave - Freestanding FOR SALE


Indianapolis, IN 46225- Near Southside
$970,000 USD
317-853-7500
1440 Madison Ave, Indianapolis, IN for Sale
$970,000 USD
Freestanding - FOR SALE
1/17
null | Request Cap Rate

1440 Madison Ave
Indianapolis, IN 46225
Near Southside


HIGHLIGHTS

  • Offered at $970,000 – excellent value in a high-growth corridor
  • Drive-Through Potential
  • 4,000 SF institutional-quality construction
  • MU-2 zoning allows for retail, office, medical, or food use
  • Over 17,000 vehicles per day
  • Outstanding visibility and access along a major thoroughfare

OVERVIEW

FOR SALE – $970,000 | Exceptional Value Opportunity Drive-through permitted! This rare freestanding property offers 4,000 SF of high-quality, versatile space just south of Downtown Indianapolis. Built in 2009 and meticulously maintained, the building delivers strong visibility and flexibility under MU-2 zoning—perfect for retail, office, medical, or food service use. Positioned along a busy corridor with over 17,000 vehicles per day, the property benefits from immediate proximity to the fast-growing Bates-Hendricks neighborhood and is only 1.5 miles from the heart of the Indianapolis CBD. A standout opportunity for an owner-user or investor seeking a prime, adaptable asset in a thriving location.

FOR SALE DETAILS

PRICE

$970,000 USD

PRICE/SF

$243 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,008 SF

ZONING

MU2

APN/PARCEL ID

49-11-13-178-002.000-101

ASK ABOUT THIS PROPERTY

Gary PerelALO Property GroupMore Info
317-853-7500

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Gary PerelALO Property GroupMore Info
317-853-7500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.