Building Details

Building Size 3,300 SF

Year Built 1920

Stories 1

Tenancy Single

Listing Agency: My Agent Show Phone

Listed By: Scott Veerkamp Show Phone

Source: Karenlewisrealty

Added: Aug 10 Changed: Oct 31 Last Checked: Oct 31 at 3:16AM

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Investment Insights

Based on property information with market context.

This 3,300-square-foot office building was constructed in 1920 and is zoned C-3. A church currently occupies the property. It is located at 5201 Madison Avenue in Indianapolis, Indiana.

Key Highlights

• 3,300‑square‑foot office building
• C‑3 zoning
• Built in 1920

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Bargains on The Weekend Big Box & Wholesale Store Bargain Wholesale Appliances ... Home Appliance Store

Suggested Use

Top Pick HVAC Service Plumbing Service Acupuncture Garden Center Florist Cafe & Coffee Shop

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

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

325

Businesses Nearby

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 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?

Office building - The property is currently occupied by a church tenant.

Where is this office building located?

The property is located at 5201 Madison Avenue Indianapolis, IN.

What is the asking price?

The asking price for this property is $395,000.

What are key features of this property?

This property features: 3,300‑square‑foot office building; C‑3 zoning; Built in 1920