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1440 Madison Ave 4,000 SF Retail Building Indianapolis, IN 46225 $1,354,042 CAD ($338.51 CAD/SF)
INVESTMENT HIGHLIGHTS
- Offered at $970,000 – excellent value in a high-growth corridor
- 4,000 SF institutional-quality construction
- Over 17,000 vehicles per day
- Drive-Through Potential
- MU-2 zoning allows for retail, office, medical, or food use
- Outstanding visibility and access along a major thoroughfare
EXECUTIVE SUMMARY
FOR SALE – $970,000 | Exceptional Value Opportunity
Drive-through permitted! This rare freestanding property offers 4,000 SF of high-quality, versatile space just south of Downtown Indianapolis. Built in 2009 and meticulously maintained, the building delivers strong visibility and flexibility under MU-2 zoning—perfect for retail, office, medical, or food service use.
Positioned along a busy corridor with over 17,000 vehicles per day, the property benefits from immediate proximity to the fast-growing Bates-Hendricks neighborhood and is only 1.5 miles from the heart of the Indianapolis CBD. A standout opportunity for an owner-user or investor seeking a prime, adaptable asset in a thriving location.
Drive-through permitted! This rare freestanding property offers 4,000 SF of high-quality, versatile space just south of Downtown Indianapolis. Built in 2009 and meticulously maintained, the building delivers strong visibility and flexibility under MU-2 zoning—perfect for retail, office, medical, or food service use.
Positioned along a busy corridor with over 17,000 vehicles per day, the property benefits from immediate proximity to the fast-growing Bates-Hendricks neighborhood and is only 1.5 miles from the heart of the Indianapolis CBD. A standout opportunity for an owner-user or investor seeking a prime, adaptable asset in a thriving location.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,000 SF
Building Class
B
Year Built
2009
Price
$1,354,042 CAD
Price Per SF
$338.51 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.09 AC
Zoning
MU2 - Commercial
Parking
15 Spaces (3.75 Spaces per 1,000 SF Leased)
Frontage
99’ on Madison Avenue
AMENITIES
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
| Space | Size | Space Use | Position | Available |
| 1st Floor | 4,000 SF | Retail | Outparcel | Now |
1st Floor
| Size |
| 4,000 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| Now |
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 4,000 SF |
| Space Use | Retail |
| Position | Outparcel |
| Available | Now |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 49-11-13-178-002.000-101 | Improvements Assessment | $527,553 CAD |
| Land Assessment | $18,550 CAD | Total Assessment | $546,103 CAD |
PROPERTY TAXES
Parcel Number
49-11-13-178-002.000-101
Land Assessment
$18,550 CAD
Improvements Assessment
$527,553 CAD
Total Assessment
$546,103 CAD
1 of 18
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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1440 Madison Ave
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