1440 Madison Ave Indianapolis, IN 46225
- Retail properties
- 4,000 SF
Current Use by Public Records
- Indiana Bureau of Motor Vehicles / License Bureau
- Indianapolis - Madison Ave BMV Branch / Department Of Motor Vehicles
Property Details for 1440 Madison Ave
- Year built
- 2009
- Property size
- 4,000 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional 4,000-square-foot freestanding medical office building, constructed in 2009, presents a unique investment opportunity in Indianapolis, Indiana. Located at 1440 Madison Avenue, at the intersection of Madison Avenue and Terrace Avenue, this single-tenant property boasts excellent visibility and accessibility. The building is situated in a high-growth area, just south of Downtown Indianapolis and adjacent to the expanding Bates Hendricks Neighborhood, placing it a convenient 1.5 miles from the Central Business District. Its MU2 (Mixed Use – Neighborhood Focused) zoning provides flexibility for a variety of uses, including medical, retail, office, and food service establishments. The single-story structure offers ample space for a variety of business needs. This well-maintained property represents a rare opportunity to acquire a strategically located commercial building in a thriving Indianapolis neighborhood. The zip code is 46225. The property's prime location and versatile zoning make it an ideal investment for businesses seeking high visibility and convenient access to the city's core. This is a single-tenant building offering 4,000 square feet of space.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Longitude
- -86.1545
- Latitude
- 39.7471
