Class B Office Building with Rooftop
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
(248) 324-2000
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.
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
Similar For Sale Nearby
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