8802 Madison Ave Indianapolis, IN 46227

Property Details for 8802 Madison Ave

Year built

1988

Construction

WOOD

Lot size

1.38 lot acres

Property size

11,619 SF

Property type

Medical offices

Property subtype

Medical centers

APN

49-15-20-112-006.000-500

APU

491520112006000500

Description

This exceptional office property at 8802 Madison Avenue in Marion County offers a variety of flexible spaces ideal for various business needs. The building, totaling 11,514 square feet, boasts a Class C designation and underwent a significant renovation in 2019, resulting in a refreshed façade, updated landscaping, and a new parking lot. The property is zoned C-3, allowing for diverse commercial uses. Currently, there are 6,953 square feet of vacant space available, divisible into units as small as 1,395 square feet and with a maximum contiguous space of 3,870 square feet. A particularly attractive option is a 1,688 square foot space, already built out for chiropractic or medical use, complete with plumbing in four offices and two restrooms. This prime location, just north of the Greenwood Park Mall on Madison Avenue, provides excellent visibility and convenient access to Greenwood and US-31 amenities. The expansive 61,703 square foot lot ensures ample parking and potential for future expansion. Built in 1988, this property offers a blend of established infrastructure and modern upgrades, making it an attractive option for businesses seeking a well-maintained and conveniently located office space in a thriving area. The building features new lighting and updated exterior finishes. Multiple tenancy options are available to accommodate various business sizes and requirements.

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Longitude

-86.1188

Latitude

39.6388

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments