6001 Massachusetts AveIndianapolis, IN 46226

For Sale
$675,000

1.44-Acre C-5 Zoned Property, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 1.44-acre property at 6001-6009 Massachusetts Ave, Indianapolis, IN 46226, presents a prime redevelopment opportunity. Boasting a highly visible 6-corner lot at the intersection of Massachusetts Avenue, Arlington Avenue, and 34th Street, this C-5 zoned land benefits from significant traffic counts and convenient access with street cuts on both Mass Ave and 34th St. The existing 4,606 square foot, single-story, all-brick retail building features four storefronts, 22 paved parking spaces, independent restrooms, utilities, and HVAC systems. Municipal utilities are already in place. The property's location offers unparalleled convenience, situated approximately 1.5 miles from the I-70/Emerson ramp, 1.7 miles from the I-465/Shadeland ramp, and 1 mile from the Shadeland/38th corridor, placing it on major commuting and transportation routes. The flexible zoning allows for diverse development options, including a gas station, convenience store, car wash, liquor store, or retail strip mall. A separate billboard lease generates additional income. This property, built in 1931, offers significant potential for investors seeking high-visibility, high-traffic commercial real estate in a rapidly developing area. The asking price is $675,000, with a price per square foot of $146.55. The property's APN is 49-07-23-124-002.000-700.

Highlights

  • 1.5-acre C5 redevelopment site at a high-traffic 6-way intersection.
  • 1.46-acre parcel with excellent visibility and existing utilities.
  • 1.7 miles to I-465/Shadeland interchange.
  • 1.5 miles to I-70/Emerson interchange.
  • 1 mile to Shadeland/38th Street corridor.
  • Prime location on major commuting routes.

Property Details for 6001 Massachusetts Ave

Property type
Other retail properties, Individual retail properties
Square Feet
4,606 SF
Class
C
Year Built
1931
Stories
1
Lot Size (sq. ft)
62,726 SF
Units
1

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.8185486
Longitude
-86.063825
6001 Massachusetts Ave, Indianapolis, Indiana

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6001 Massachusetts Ave
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