• Property Type
  • Mixed Use, Commercial Sale
  • 3186 Sqft
  • Area Size
4240 & 4244 Madison Avenue, Indianapolis, IN 46227
  • $400,000
  • $400,000

Description

Perry Township – Opportunity Knocks – 1 ACRE Commercial Potential on two residential properties – located at the corner of Madison & Lawrence Avenue in Perry Twp – across Madison from a gas station and near many other conveniences & commercial locations. Properties are currently leased to tenants and subject to tenant rights – please make an offer & include a due diligence period to satisfy questions and research to make this property terrific for Buyer’s situation. About the property: 2 parcels, 1 shared driveway; total sqft of the parcels is 40,997 sqft (148’x189′ & 75’x172′); Buildings are 1289 sqft & 1897 sqft; Utilities onsite. Tons of road frontage, highly visual location & ready for the wise entrepreneur. Low taxes, NO HOA.

  • Address: 4240 & 4244 Madison Avenue
  • City: Indianapolis
  • State/county: IN
  • Zip/Postal Code: 46227

Details

Updated on April 12, 2026 at 10:15 pm
  • Property ID 22094887
  • Price $400,000
  • Property Size 3186 Sqft
  • Land Area 0.95 Acres
  • Garage Size x x
  • Year Built 1900
  • Property Type Mixed Use, Commercial Sale
  • Property Status Active

Additional details

  • Roof Asphalt
  • Utilities Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
  • County Marion
  • Property Type Commercial Sale
  • Parking Detached

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Contact Information

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Preeti Chaggar

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