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Listed by Connor Jones • Mark Dietel Realty, LLC
$ 350,000
Est. payment /mo
Active
2121 Madison AVE Indianapolis, IN 46225
4,380 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,380 sqft
Price per Sqft $79
MLS Listing ID 22107440
Year Built 1944
Tax Year 2024
Lot Size 0.360 Acres
Acres 0.36
Property Sub-Type Mixed Use
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.
Location
State IN
County Marion
Zoning C-3
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Building
Story 2
New Construction false
Schools
School District Indianapolis Public Schools
Others
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