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Brick Warehouse with Storage Mezzanine
For Sale
$585,000

1703 Madison Ave, Indianapolis, IN 46225

Pie-shaped brick warehouse with 20-foot ceilings, two overhead doors, and a storage mezzanine.

Property SizeContact for details
Days on Market137

Property Features for 1703 Madison Ave

General Information

Standard status Active
Zoning I4

Site & Location

Road Access Yes
Fenced Yard Yes
Utilities to Site Yes

Warehouse & Industrial

Clear Height 20 ft
Heavy Power Yes

Amenities

fenced
storage mezzanine
3 phase electric
halogen ceiling lights
concrete floor

Building Details

Construction brick
Listing Agency: Sullivan Realty Group, LLC
Listed By: Joseph Sullivan · License #RB14031738
Source: Exprealty
Added: Apr 23 Changed: Sep 4 Last Checked: Sep 5 at 12:37PM

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 Sullivan Realty Group, LLC

Investment Insights

Based on property information with market context.

This pie-shaped brick warehouse is fenced and offers direct access via East St and Caven. The building features 20-foot high ceilings, two overhead (OH) doors, one man door, and a storage mezzanine. Interior amenities include a concrete floor, 3-phase electrical service, and halogen ceiling lights. Water service is run to the building but is shut off in the street, and sewer service is connected.

I4 zoning is in place, and the property is currently being used for storage.

The perimeter fencing and fenced parking area provide controlled access and staging space for loading and onsite movement.

Key Highlights

  • Pie‑shaped brick warehouse with fenced area and access off East St and Caven
  • 20‑ft high ceilings with storage mezzanine
  • Has 2 overhead (OH) doors plus 1 man door

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Accounting Firm (Bike/Boat/Book/etc) Store Computer & Electronic Repair HVAC Service Locksmith Bakery

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

20 ft
Clear height
Yes
Heavy power
Yes
Fenced yard
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

395
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 Industrial in Indianapolis, IN

4.3% 2019
5.4% 2020
4.1% 2021
5.3% 2022
9.9% 2023
10.5% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • GRM Document Management 2002 S East St, Indianapolis, IN 46225
  • Merchandise Warehouse Co. Inc. 1616 S West St, Indianapolis, IN 46225

Frequently Asked Questions

What type of property is this?
Warehouse - Pie-shaped brick warehouse with 20-foot ceilings, two overhead doors, and a storage mezzanine.
Where is this warehouse located?
The property is located at 1703 Madison Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Pie‑shaped brick warehouse with fenced area and access off East St and Caven; 20‑ft high ceilings with storage mezzanine; Has 2 overhead (OH) doors plus 1 man door
More about this property
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