5501 S Madison Ave
Indianapolis, IN 46227
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Signalized Corner site with store front windows!
- Building has good construction from the beginning!
- A good site for a growing business!
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
6,400 SF
Building Class
C
Year Built
1947
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.48 AC
Zoning
C 3
Parking
30 Spaces (3.51 Spaces per 1,000 SF Leased)
Frontage
ABOUT 5501 S MADISON AVE , INDIANAPOLIS, IN 46227
A Great Opportunity for YOUR Neighborhood Store. Home of Cycle Outfitters, LTD, INC. for decades, this is a sound mostly masonry building in good condition on a .48 AC signalized corner site. Suitable for most small business's that need some showroom with large store glass windows and storage / shop areas. Business and inventory can be purchased separately. There have been 3 very successful businesses at this site since 1950!
PROPERTY TAXES
| Parcel Number | 49-15-06-116-006.000-500 | Improvements Assessment | $121,300 |
| Land Assessment | $46,100 | Total Assessment | $167,400 |
