Three-Building Office
5101-5105 Madison Ave Indianapolis, IN 46227
For Sale
Contact for pricing
Multi-building office portfolio spanning three contiguous parcels, offered individually or together for multi-tenant or owner-user use.
Property Size32,600 SF
Lot Size3.00 Acres
Price / SF$107.36
Days on Market54
Property Features for 5101-5105 Madison Ave
General Information
Standard status
Active
Size
32,600 SF
Lot size
3.00 Acres
Property subtype
OFFICE
Listing Agency:
Alo Property Group
(317) 281-8847
Listed By:
Ralph Balber · License #RB14044276
(317) 281-8847
Source:
Moodyscre
Added: Jun 5
Changed: Jul 10
Last Checked: Jul 21 at 4:17AM
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 Alo Property Group
Investment Insights
Based on property information with market context.
This offering is a three-building office portfolio totaling 32,600 square feet across three contiguous parcels. The buildings include a two-story office building at 5101 and two single-story office buildings at 5103 and 5105. The properties were constructed in 1980 (5101), 1979 (5103), and 1987 (5105). The portfolio is available as a complete acquisition or as individual building purchases.
The buildings are located on approximately 3.00 acres and are spread across separate parcels, which can simplify separate ownership or multi-tenant operation depending on the strategy. A fourth adjacent building is also available separately, with the seller noting potential sale-leaseback consideration for that additional structure.
For tenants, investors, or owner-users evaluating office space options, the configuration provides flexibility to acquire a single building or assemble a broader portfolio footprint. With three buildings at different construction vintages and a mix of single- and two-story layouts, the asset can support both multi-tenant investment strategies and consolidated owner-occupied plans, subject to each party’s operating and occupancy goals.
The buildings are located on approximately 3.00 acres and are spread across separate parcels, which can simplify separate ownership or multi-tenant operation depending on the strategy. A fourth adjacent building is also available separately, with the seller noting potential sale-leaseback consideration for that additional structure.
For tenants, investors, or owner-users evaluating office space options, the configuration provides flexibility to acquire a single building or assemble a broader portfolio footprint. With three buildings at different construction vintages and a mix of single- and two-story layouts, the asset can support both multi-tenant investment strategies and consolidated owner-occupied plans, subject to each party’s operating and occupancy goals.
Key Highlights
- 32,600 SF multi‑building office portfolio across three contiguous parcels
- Three buildings: 5101 (two‑story), 5103 (single‑story), and 5105 (single‑story)
- Constructed in 1979 (5103), 1980 (5101), and 1987 (5105)
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Multi-building office portfolio spanning three contiguous parcels, offered individually or together for multi-tenant or owner-user use.
Where is this office building located?
The property is located at 5101-5105 Madison Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 32,600 SF multi‑building office portfolio across three contiguous parcels; Three buildings: 5101 (two‑story), 5103 (single‑story), and 5105 (single‑story); Constructed in 1979 (5103), 1980 (5101), and 1987 (5105)
