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5101, 5103, & 5105 Madison Avenue 3 Office Properties Offered at $3,500,000 in Indianapolis, IN

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Investment Highlights

  • Three buildings across three contiguous parcels
  • Suitable for multi-tenant investment or owner-user strategy
  • Adjacent fourth building available separately, with potential sale-leaseback

Executive Summary

5101, 5103, and 5105 Madison Avenue present a 32,600 SF multi-building office portfolio situated on approximately 3.00 acres on the southside of Indianapolis, Indiana. The offering consists of three office buildings positioned across three contiguous parcels. Improvements include one two-story structure and two single-story buildings, offering flexible configurations for multi-tenant leasing or owner-user integration. The assets may be acquired individually or as a portfolio. An adjacent fourth building is also available separately, presenting potential for a sale-leaseback structure. The property supports a range of investment strategies, including stabilized hold, phased acquisition, or strategic repositioning.

Property Facts

Price $3,500,000
Price / SF $107.36 / SF
Sale Type Owner User
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 32,600 SF
Total Land Area 4.87 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
5105 Madison Ave, Indianapolis, IN 46227 Office 11,780 SF 1987 -
5103 S Madison Ave, Indianapolis, IN 46227 Office 11,220 SF 1979 -
Indiana Members Credit Union
5101 Madison Ave, Indianapolis, IN 46227
Office 9,600 SF 1980 -
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  • Listing ID: 39548583

  • Date on Market: 2/23/2026

  • Last Updated:

  • Address: 5101, 5103, & 5105 Madison Avenue, Indianapolis, IN

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