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Listed by Justin Griffith • Keller Williams Indy Metro NE
$ 950,000
Est. payment /mo
Active
5209 Massachusetts AVE Indianapolis, IN 46218
7 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 21986169
Tax Year 2023
Lot Size 7.000 Acres
Acres 7.0
Property Sub-Type Industrial
Property Description
Amazing value-add opportunity for local grocery store and mobile home park! Total land is 9 acres, including the plot with the retail space. 50 permitted lots and license is Active. 10 active tenants paying $350/month. All tenants are month to month. Property is zoned I-2 and offers entrances off of Mass Ave or 30th St. Chucks Market and MHP has been in operation for 50 years and is a staple in this food desert. There is a small creek that runs through the property. Flood insurance is not required. The owner has been a fixture in the community for 50 years and is highly valued by residents. A visit to the market will hundreds of photos of regular customers throughout the market.
Location
State IN
County Marion
Zoning I2
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N false
Building
New Construction false
Schools
School District Indianapolis Public Schools
Others
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