2740 Madison Ave
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2740 Madison Ave
10,073 SF 100% Leased Retail Building Indianapolis, IN 46225 For Sale
Investment Highlights
- Excellent Traffic Counts
- New Exterior Front Façade
- High Visibility on Madison Ave
- New Roof in Front Section of Bldg. | Rear has a New White Silicone Coating
- New HVAC Units (3) | 5 Tons each, and Ample Electrical
- (2) Overhead Doors – (1) in the Front and (1) in the Workshop in Rear
Executive Summary
10,073 SF Available for Sale or Lease at 2740 Madison Ave, Indianapolis, IN.
2,700 SF Occupied by a Tenant in the rear. Could expand to 13,073 SF, if desired. The property features (2) overhead doors, along with a newly renovated front façade, new restrooms, new HVAC, and ample electrical. Newer roof in the front section of the building; the rear portion of the roof has a new white silicone coating. The property is located on a highly visible retail corridor, located on Madison Avenue, in between Planet Fitness and McDonald’s.
HIGHLIGHTS
• New Restrooms, New (3) HVAC Units | 5 Tons each, and Ample Electrical
• New Roof in Front Section of Bldg. | Rear has a New White Silicone Coating
• New Exterior Front Façade
• Parking in the Rear Available
• (2) Overhead Doors – (1) in the Front and (1) in the Workshop in Rear
• Excellent Traffic Counts
• High Visibility on Madison Ave
• Minutes from I-70
2,700 SF Occupied by a Tenant in the rear. Could expand to 13,073 SF, if desired. The property features (2) overhead doors, along with a newly renovated front façade, new restrooms, new HVAC, and ample electrical. Newer roof in the front section of the building; the rear portion of the roof has a new white silicone coating. The property is located on a highly visible retail corridor, located on Madison Avenue, in between Planet Fitness and McDonald’s.
HIGHLIGHTS
• New Restrooms, New (3) HVAC Units | 5 Tons each, and Ample Electrical
• New Roof in Front Section of Bldg. | Rear has a New White Silicone Coating
• New Exterior Front Façade
• Parking in the Rear Available
• (2) Overhead Doors – (1) in the Front and (1) in the Workshop in Rear
• Excellent Traffic Counts
• High Visibility on Madison Ave
• Minutes from I-70
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Department Store
Building Size
10,073 SF
Year Built
1960
Percent Leased
100%
Building Height
1 Story
Building FAR
0.26
Lot Size
0.90 AC
Zoning
C - commercial
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 49-11-24-119-026.000-101 | Improvements Assessment | $61,700 |
| Land Assessment | $74,700 | Total Assessment | $136,400 |
PROPERTY TAXES
Parcel Number
49-11-24-119-026.000-101
Land Assessment
$74,700
Improvements Assessment
$61,700
Total Assessment
$136,400
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2740 Madison Ave
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