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4,380 sqft

$350,000

2121 Madison Avenue, Indianapolis IN, 46225

Price per sqft$79.91
Built in1944
Property size4,380 sqft
Property typeCommercial
Courtesy of Mark Dietel Realty, LLC, Connor Jones Listing Contact:

Overview

Active

Listed Jun 16, 2026

Updated 4 days ago

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.

Additional information

MLS® ID
22107440

Interior Features

Basement
No

Exterior Features

Lot Size
0.36 Acres

Other Property Details

Garage
Yes

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