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33685635

2121 Madison Ave, Indianapolis, IN 46225

CJ
IN RB22001638
Mark Dietel Realty
Listed by Mark Dietel Realty
$380,000
6 days on market
Updated 6 days ago

2121 Madison Ave

Details
APN 491113148003000101
Property Type Retail, Mixed Use
Sub Type Commercial
Square Footage 4,380
Tenancy Vacant
Year Built 1944
Stories 2
Acreage 0.360
Zoning C-3
Investment Type Value Add

2121 Madison Ave, Indianapolis, IN 46225-1864

Marketing description

Rare four-parcel mixed-use offering totaling 0.36 acres (15,682 SF) in a rapidly appreciating near-south Indianapolis corridor, easy interstate access, minutes from downtown, Fountain Square, and Bates-Hendricks. The 4,380 SF two-story building provides flexible owner-user space: a ground-floor office and rear warehouse served by a drive-in door (10' W x 9' H, with height-expansion potential), plus a recently renovated upper-level 2-bed/1-bath apartment suited to live-work use or rental income. Heating is provided by a functional boiler-and-radiator system; newer roofing covers the front office and residential portions, while the rear warehouse has an older flat roof. Three of the four contiguous, separately platted lots are vacant, offering expansion, parking, or redevelopment flexibility amid active land assembly in the immediate area. Delivered vacant for immediate occupancy - a versatile value-add or assemblage opportunity. Buyer to verify zoning and square footage.

Investment highlights

  • Lot Size (SqFt): 15,840

Listing Contacts

CJ
IN RB22001638
Mark Dietel Realty
Listed by Mark Dietel Realty

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Zoning

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C3 CommercialNeighborhood CommercialNeighborhood Commercial District
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Last updated May 11, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Connor Jones
License
RB22001638
Brokerage
Mark Dietel Realty
Brokerage Phone
3175900444
Title
Real Estate Broker
Brokerage Address
6425 South East Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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