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$1,700 | $1,700
10,924
square ft

5002 Madison Avenue
Indianapolis, Indiana 46227

Active / MLS #21967521 / Commercial / Mixed Use / Edgewood - Indianapolis
Listing information updated 11/4/2025 at 9:06pm
Retail strip center with high visibility located at the corner of Madison Ave and Thompson Rd. 2000 sq ft retail space available currently set up for potential offices and separate rooms. Brick building with an asphalt parking lot. Install flooring and the space is ready to go. Center tenants include, H&R Block, Metro by T mobile, Top Level Gym, Arcade 911 and Center Stage Dance Academy. Water, Trash and Sewer is included in lease. No extra CAM.
Lot Size:
1.17 Acres
Acreage:
1.17
Built:
1970
Cooling System:
Central Air
Current Use:
Retail
Zoning:
c3
Building Square Feet:
10,924
Tax Amount:
N/A
Tax Year:
2022
Zip Code:
46227
City:
Indianapolis
County:
Marion

Listing Office: Keller Williams Indpls Metro N

Listing Office Phone: 317.846.6300

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.

$233,775
Average Sale Price
33
Average Days On The Market
95%
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 5002 Madison Avenue, Indianapolis, IN 46227

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5002 Madison Avenue, Indianapolis, IN 46227 is a commercial / mixed use currently listed at $1,700 | $1,700. This commercial / mixed use has been listed on @properties IND since March 7th, 2024 and was built in 1970.