C-3 Flex Space with Fenced
For Sale
$639,000
3604 Madison Avenue, Indianapolis, IN 46227
Commercial Sale, Indianapolis, IN
Property Size7,800 SF
Lot Size3.00 Acres
Price / SF$81.92
Days on Market313
Property Features for 3604 Madison Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-3
Parking features
Guest
Fencing
Chain Link
Elementary school district
Perry Township Schools
Middle school district
Perry Township Schools
High school district
Perry Township Schools
Directions
GPS Friendly
Subdivision
4907 - Marion - Perry
Standard status
Active
APN
491125109002000570
Lot size
3.00 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Pt Se1/4 S25 T15 R3 Beg 714.25' Se Of N/L Of Cl Rd P.O.B. Se352.18' W461.1' N330.38' W332.75' E332.75' 3Ac
Legal Description
Pt Se1/4 S25 T15 R3 Beg 714.25' Se Of N/L Of Cl Rd P.O.B. Se352.18' W461.1' N330.38' W332.75' E332.75' 3Ac
Utilities
Water source
Well
Building Details
Year built
1996
Floors in Building
1
Listing Agency:
eXp Realty, LLC
(888) 611-3912
Listed By:
Dilraj Singh · License #RB25001047
(888) 611-3912
Added: Oct 21, 2025
Changed: Aug 20
Last Checked: Aug 29 at 4:06PM
MLS# 22068061
Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This C-3 flex property at 3604 Madison Avenue combines a 3-acre site with 7,800 SF of usable building space. The improvements include a 3,000 SF metal warehouse built in 1996, with 16-foot peak ceilings, 12-foot perimeter ceilings, and an operational overhead loading bay. A secondary structure built in 1980 provides additional office or storage capability.
The grounds include a gravel drive, expansive fenced yard, and chain-link perimeter fencing. Utility infrastructure includes electric service, public sewer, water, and a well. The property is positioned on Madison Avenue with average daily traffic exceeding 20,000 vehicles and direct access to I-465, along with access to downtown Indianapolis and the I-465 loop.
The site configuration supports equipment staging, fleet parking, outdoor operations, and industrial or distribution-related activities. The address is in Indianapolis, Marion County, Indiana 46227.
The grounds include a gravel drive, expansive fenced yard, and chain-link perimeter fencing. Utility infrastructure includes electric service, public sewer, water, and a well. The property is positioned on Madison Avenue with average daily traffic exceeding 20,000 vehicles and direct access to I-465, along with access to downtown Indianapolis and the I-465 loop.
The site configuration supports equipment staging, fleet parking, outdoor operations, and industrial or distribution-related activities. The address is in Indianapolis, Marion County, Indiana 46227.
Key Highlights
- 3‑acre C‑3 commercial site at 3604 Madison Avenue, Indianapolis, IN 46227
- 7,800 SF of usable building space, including a 3,000 SF metal warehouse
- Warehouse built in 1996 with 16‑ft peak and 12‑ft perimeter ceilings
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
748
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46227, IN
62,126
Population
26,411
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
83%
High-School Grad
16.7 sq mi
ZIP Area
3,720
Density / Sq Mi
$50,993
Median Household Income
$35,591
Median Earnings
$994
Median Rent
$192,600
Median Home Value
Market
Vacancy Rate% for Industrial in Indianapolis, IN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Three-acre commercial property with warehouse, secondary building, utility connections, and outdoor operating space.
Where is this flex space located?
The property is located at 3604 Madison Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: 3‑acre C‑3 commercial site at 3604 Madison Avenue, Indianapolis, IN 46227; 7,800 SF of usable building space, including a 3,000 SF metal warehouse; Warehouse built in 1996 with 16‑ft peak and 12‑ft perimeter ceilings
