$460,000
$495,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
5501 Madison AVE Indianapolis, IN 46227
0.48 Acres Lot
Key Details
Sold Price $460,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 21729325
Sold Date 01/20/21
Year Built 1949
Tax Year 2019
Lot Size 0.480 Acres
Acres 0.4805
Property Sub-Type Retail
Property Description
Highly visible prime retail corner location on Madison Avenue. Established business operating in excess of 30 years. C 3 Zoning. 40+ car parkIng- Building Size is 6428+/- Square Feet. Easy access from 4-way traffic stop light. A lovely building with iconic Indiana history. Frank Kautsky operated a Super Market in this building in the 1940's. He became the owner of "Indianapolis Kautsky's", Indiana's first pro team and 1947 World Championship Basketball team ever to come from Indianapolis. Building houses Cycle Outfitters LTD INC. Business is sold separately. Madison Avenue frontage is 140 feet. Road frontage on Epler is 165 feet.
Location
State IN
County Marion
Zoning C3
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected
Building
New Construction false
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2025 Listings courtesy of MIBOR as distributed by MLS GRID. All Rights Reserved.