5641 Madison Ave?Retail For Sale in Indianapolis

Retail-Commercial for Sale
Catylist Listing ID: 30841351
Property Subtypes: Mixed Use
Building Size (RSF): 1,240 SF
Gross Building Area: See Agent
Sale Price: $430,000
Unit Price: $346.77 PSF
Property Use Type: Investment, Business
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/19/2023

Overview / Comments

Annie Scott Realty Group, as exclusive listing agents are pleased to present 5641 Madison Avenue, a Commercial Retail or Office property located on Indy’s south side.

This property was previously a salon. It is still plumbed for a salon with a waiting area, a large workspace, a bathroom and room dedicated for washing hair. There is a kitchen, washer/dryer and multiple storage areas.

The salon was turned into a tool sale shop. There are still tools and merchandise display equipment remaining in the shop.

The roof, water heater, and heating/cooling was updated 6-7 years ago. The shop is closed and is awaiting its future owners.

Attachments & Media

Additional Details

Nearest MSA: Indianapolis-Carmel-Anderson
County: Marion
Tax ID/APN: 49-15-06-113-003.000-500
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1926
Heat Type: Electricity
Zoning Description: ZO01
Water Service: None
Sewer Type: None

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,645 95,128 215,086
Median Age: 37.34 35.88 35.69
Households: 5,362 38,281 84,722


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