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Class B Office Building with Rooftop Patio

1200 S Madison Ave Indianapolis, IN 46225

1200 S Madison Ave, Indianapolis, IN, 46225
Contact for pricing
For Sale
Contact for pricing

Five-story, flexible office building with rooftop patio, loading capabilities, freight elevator, and strong near-CBD access and parking.

Property Size170,211 SF
Days on Market47

Property Features for 1200 S Madison Ave

General Information

Standard status
Active
Size
170,211 SF
Property subtype
Office

Building Details

Year Built
1927
Listing Agency
Listed by Josh Miller
Source Friedmanrealestate
Added: Jun 2 Checked: Jul 17 at 5:08 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Josh Miller


Investment Insights

Based on property information with market context.

Madison Plaza is a Class B, five-story office building totaling approximately 170,211 gross square feet. The property features large, flexible floor plates with contiguous options intended to accommodate a range of tenant sizes. On-site improvements include a rooftop patio with skyline views, an on-site loading dock, and a freight elevator. With roughly 400 surface parking spaces, the building supports convenient daily access for employees and visitors.

Located approximately 1.4 miles south of the Indianapolis CBD, Madison Plaza offers strong visibility along Madison Avenue and quick access to major interstate corridors, including I-70, I-65, and I-465. The site is described as being positioned in a path-of-progress corridor, with a land use plan identified as Mixed-Use, supporting opportunities for future repositioning.

For tenants and operators, the flexible suite configuration and multi-story layout can fit both established users and growing teams seeking adaptable space. For investors, the offering presents a value-add leasing opportunity through lease-up of existing suites, along with potential redevelopment upside given the stated Mixed-Use land use plan and the ability to request rezoning to a mixed-use district that would permit development with retail, service, office, and residential uses.

Key Highlights

  • 5‑story Class B office building built in 1927, totaling ±170,211 gross square feet
  • Approximately 400 surface parking spaces for tenant and visitor parking
  • Multi‑story flexible floor plates with contiguous space options for a range of tenant sizes

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Indianapolis Building Permits City Government Office Building Excellence Construction Company Marion County Weights/Measures County Government Office Indianapolis Business & Neighborhood ... City Government Office AIA Indiana Auto Repair Shop

Suggested Use

HVAC Service Pharmacy Storage Facility Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Grooming Service Bakery Florist Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Five-story, flexible office building with rooftop patio, loading capabilities, freight elevator, and strong near-CBD access and parking.
Where is this office building located?
The property is located at 1200 S Madison Ave Indianapolis, IN.
What are key features of this property?
This property features: 5‑story Class B office building built in 1927, totaling ±170,211 gross square feet; Approximately 400 surface parking spaces for tenant and visitor parking; Multi‑story flexible floor plates with contiguous space options for a range of tenant sizes
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