Log In/Sign Up
Your email has been sent.
1440 Madison Ave 4,000 SF Retail Building Indianapolis, IN 46225 $970,000 ($242.50/SF)
INVESTMENT HIGHLIGHTS
- Offered at $970,000 – excellent value in a high-growth corridor
- 4,000 SF institutional-quality construction
- Over 17,000 vehicles per day
- Drive-Through Potential
- MU-2 zoning allows for retail, office, medical, or food use
- Outstanding visibility and access along a major thoroughfare
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,000 SF
Building Class
B
Year Built
2009
Price
$970,000
Price Per SF
$242.50
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.09 AC
Zoning
MU2 - Commercial
Parking
15 Spaces (3.75 Spaces per 1,000 SF Leased)
Frontage
99’ on Madison Avenue
AMENITIES
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
| Space | Size | Space Use | Position | Available |
| 1st Floor | 4,000 SF | Retail | Outparcel | Now |
1st Floor
| Size |
| 4,000 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| Now |
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 4,000 SF |
| Space Use | Retail |
| Position | Outparcel |
| Available | Now |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 49-11-13-178-002.000-101 | Improvements Assessment | $375,400 |
| Land Assessment | $13,200 | Total Assessment | $388,600 |
PROPERTY TAXES
Parcel Number
49-11-13-178-002.000-101
Land Assessment
$13,200
Improvements Assessment
$375,400
Total Assessment
$388,600
1 of 18
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Contact the Sale Advisor
1440 Madison Ave
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.