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$950,000

5209 Massachusetts Avenue
Indianapolis, Indiana 46218

Active / MLS #21986169 / Industrial / Arlington Woods - Indianapolis
Listing information updated 12/4/2025 at 3:26pm
Amazing value-add opportunity for local grocery store and mobile home park! Total land is 9 acres, including the plot with the retail space. 50 permitted lots and license is Active. 10 active tenants paying $350/month. All tenants are month to month. Property is zoned I-2 and offers entrances off of Mass Ave or 30th St. Chucks Market and MHP has been in operation for 50 years and is a staple in this food desert. There is a small creek that runs through the property. Flood insurance is not required. The owner has been a fixture in the community for 50 years and is highly valued by residents. A visit to the market will hundreds of photos of regular customers throughout the market.
Lot Size:
7 Acres
Acreage:
7
Current Use:
Industrial, Residential
Zoning:
I2
Tax Amount:
N/A
Tax Year:
2023
Zip Code:
46218
City:
Indianapolis
County:
Marion

Listing Office: Keller Williams Indy Metro NE

Listing Office Phone: 317.564.7100

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 12/4/2025 at 3:26pm. 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.

$137,376
Average Sale Price
44
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 5209 Massachusetts Avenue, Indianapolis, IN 46218

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5209 Massachusetts Avenue, Indianapolis, IN 46218 is a industrial currently listed at $950,000. This industrial has been listed on @properties IND since June 21st, 2024.