7001 Madison Ave Indianapolis, IN 46227-5203

This 3,745 square foot storefront, located at 7001 Madison Ave in Indianapolis, Indiana, presents a compelling value-add investment opportunity. The property, built in 1962, sits on a 0.41-acre lot and offers 13 parking spaces. Currently vacant, this single-story building boasts exceptional visibility due to its prime corner location at a signalized intersection, ensuring high traffic flow. With 165 feet of road frontage, the property benefits from significant exposure to a densely populated area, boasting an 84,000-person population within a 3-mile radius. The building's large footprint is suitable for a variety of commercial uses, making it an ideal candidate for redevelopment or occupancy by an office user. The asking price is $585,000, translating to $156.21 per square foot. The property is offered fee simple. This is a rare chance to acquire a well-positioned retail space in a thriving Indianapolis neighborhood.