2121 Madison AVE, Indianapolis, IN 46225
2121 Madison AVE, Indianapolis, IN 46225
2121 Madison AVE, Indianapolis, IN 46225
2121 Madison AVE, Indianapolis, IN 46225
2121 Madison AVE, Indianapolis, IN 46225
2121 Madison AVE, Indianapolis, IN 46225
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Listed by Connor Jones • Mark Dietel Realty, LLC
$ 380,000
Est. payment | /mo

4,380 SqFt


$ 380,000
Est. payment | /mo

4,380 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,380 sqft

Price per Sqft $86

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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2121 Madison AVE

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