8802 Madison Ave, Indianapolis, IN 46227-6459
- Medical Office Space
- 11,619 SF
- 1.38 lot acres
Current Use by Public Records
- CJI Insurance Agency LLC - A Firefly Agency / Insurance Agency
- Dentist / Dental Office
- Oriental Foot Spa / Alternative Medicine Practice / Spa & Massage Center
- Strausburg Michael D DDS / Dental Office
- Galilee Asian Grocery / (Bike/Boat/Book/etc) Store / Grocery & Convenience Store
Property Details for 8802 Madison Ave
- Year built
- 1988
- Construction
- WOOD
- Lot size
- 1.38 lot acres
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 49-15-20-112-006.000-500
- APU
- 491520112006000500
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 24, 2019 | — | Rc 128 LLC | — | Deed · related | $542k · Purdue FCU |
| Jan 13, 2017 | — | 8802 Constantine R & E LLC | — | Deed · related | $711k · Mutual Bk |
| — | — | 8802 Constantine R & E LLC | — | Loan Modification · related | $1.3M · First Merchants Bank NA |
| — | — | 8802 Constantine R/e LLC | — | Deed Of Trust · related | — |
| — | — | 8802 Constantine R & E LLC | — | Deed Of Trust · related | $711k · Mutual Bk |
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.
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Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Longitude
- -86.1188
- Latitude
- 39.6388
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
