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$370,000
2,293
square ft

8540 Madison Avenue
Indianapolis, Indiana 46227

Closed / MLS #21935381 / Commercial / Mixed Use / South Perry - Indianapolis
Listing information updated 11/4/2025 at 9:06pm
This has been a successful flower shop for many years. The 2,293 square foot building offers multiple offices/showrooms, a kitchen, bathrooms as well as a garage, a storage shed and over an acre of land. This could be a great location for another flower shop, law office, real estate office, accountant, title company, insurance and many other uses. Excellent visibility and exposure with over 17,000 cars per day along Madison Avenue.
Lot Size:
1.86 Acres
Acreage:
1.86
Built:
1845
Cooling System:
Central Air
Current Use:
Retail
Zoning:
C-1
Building Square Feet:
2,293
Tax Amount:
N/A
Tax Year:
2021
Zip Code:
46227
City:
Indianapolis
County:
Marion

Listing Office: RE/MAX Advanced Realty

Listing Office Phone: 317.881.3700

Disclaimer: The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/4/2025 at 9:06pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$230,956
Average Sale Price
49
Average Days On The Market
94%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 8540 Madison Avenue, Indianapolis, IN 46227

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8540 Madison Avenue, Indianapolis, IN 46227 is a commercial / mixed use which sold for $370,000. This commercial / mixed use has been listed on @properties IND since July 31st, 2023 and was built in 1845.