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Flex Building with Showroom
For Sale
Contact for pricing
Pending

1361 Madison Ave, Indianapolis, IN 46225

Adaptable commercial facility combining warehouse, display, and office areas.

Property Size10,000 SF
Days on Market145

Property Features for 1361 Madison Ave

General Information

Standard status Pending
Size 10,000 SF
Property subtype Retail

Additional Details

Highway Access Yes
Listing Agency: Meridian & Market Commercial Real Estate
Listed By: Eric Ahonen · License #IN RB16001417
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 31 at 3:49PM

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 Meridian & Market Commercial Real Estate

Investment Insights

Based on property information with market context.

This 10,000 SF flex property brings together warehouse, showroom, and office components within one commercial facility. The combination supports a range of business functions while maintaining distinct areas for storage, product presentation, and administrative work.

The property is positioned just south of Indianapolis city center in the Garfield Park neighborhood, a few blocks from downtown. Access to the I-65/I-70 interstate interchange adds a direct regional transportation connection.

Key Highlights

  • 10,000 Total SF commercial property
  • Combination of warehouse, showroom, and office space
  • Located in the Garfield Park neighborhood

Property Analytics

Current Use

Allied Building Services ... General Contractor Indy Floor Restore Carpet & Flooring Store Midwest Floor Restore Carpet & Flooring Store

Suggested Use

Top Pick HVAC Service Pharmacy (Bike/Boat/Book/etc) Store Storage Facility Electrical Service Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

471
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46225, IN

6,503
Population
3,056
Households
2.1
Avg Household Size
35
Median Age
29%
College-Educated
81%
High-School Grad
4.0 sq mi
ZIP Area
1,626
Density / Sq Mi
$47,917
Median Household Income
$36,132
Median Earnings
$1,104
Median Rent
$123,600
Median Home Value

Market

Vacancy Rate% for Office in Indianapolis, IN

17.4% 2019
17.8% 2020
19.1% 2021
19.3% 2022
22.2% 2023
22.8% 2024
21.4% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Adaptable commercial facility combining warehouse, display, and office areas.
Where is this flex space located?
The property is located at 1361 Madison Ave Indianapolis, IN.
What are key features of this property?
This property features: 10,000 Total SF commercial property; Combination of warehouse, showroom, and office space; Located in the Garfield Park neighborhood
More about this property
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