6825 Madison Avenue

6825 Madison Avenue, Indianapolis, Indiana 46227

  • Property Subtypes Free-Standing Building
  • Building Size (RSF) 6,960 SF
  • Gross Building Area 6,960 SF
  • Building Name Cardinal Insurance Building
  • Building Status Existing
  • Sale Price $535,000.00 - Total
  • Property Use Type Business
  • Class of Space N/A
  • Total Land Size 1 Acres
  • Sale Terms Cash to Seller
  • Cap Rate Undisclosed
  • Last Updated 11/26/2019
  • Days on Market 596 Days
  • Status active

Overview / Comments

1.02 +/- acres total. Approximately 225 ft of road frontage on Madison Avenue. Class A. Building is 6960 +/- sq ft total. Front space is 3200 sq ft, main area with co-working space and conference room 1600 sq ft. Upper level recently finished into 9 SHAREABLE, office work spaces with elevator is 2160 sq ft. Property zoned C-3, with great access and location along busy Madison Avenue (just north of Southport Road). Property has been annexed into the town of Southport.

Agent Notes

Vacant lot is a former car wash site. Seller has IDEM clearance letter on file.

Additional Details

  • Tax ID/APN 491507156004000500
  • Zoning C-3
  • Property Visibility Excellent
  • Number of Stories 2
  • Year Renovated 2017
  • Land Ownership Owned
  • Legal Description PT SE1/4 S7 T14N R4E COMM SW COR SE1/4 7-14-4 E 1339.09' N 189.25' SW 299.50' NW 81.78' SW 298.69' NW 49.44' TO P.O.B. NE 198.97' NW 205.90' W 241.2' SE 229.4' TO BEG 1.101 AC
  • Zoning Description C-3