Address
5501 Madison Avenue Indianapolis, IN
Price
$ 495,000
Property Attributes
- MLS#21729325
- TypePending
- CountyMARION
- CityIndianapolis
- Area4907-Marion - Perry
- Zip46227
- StyleRetail
- Year Built1949
- Taxes4532
- Price$ 495,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6428
- Lot Size0.48 Acres
Listing Provided Courtesy Of:
Daniel Nichols with REALTY WORLD-Harbert Company
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.
| Price History | |
|---|---|
| 7/31/2020 | Listed $495,000 |
General Features
| Area | 4907 - Marion - Perry |
|---|---|
| Available for Showing | 1 |
| BAC Amount | BACAmount% |
| Cumulative Days on Market | 140 |
| Disclosure Other | As-Is |
| Disclosures | Not Applicable |
| Listing Type | Exclusive Right to Sell |
| Miscellaneous | OwnerOper |
| Possession | Negotiable |
| Present Use | Retail |
| Property Type | Commercial |
| Retail Type | FreeStand |
| Road Frontage | FrontageRd, CityStreet |
| Status | Pending |
| Sub Type | Retail |
| Tax Year | 2019 |
| Township | Perry |
| Year Built | 1949 |
| Zoning | C3 |
Interior Features
| Total Baths | 0.00 |
|---|
Exterior Features
| Building Size | 6428 |
|---|---|
| Lot Size | 20, 931 |
| Road Access | CityStreet |
| Road Surface | Asphalt, Concrete |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 46227
Price
Taxes
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Year Built
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