5209 Massachusetts AVE Active

Indianapolis,IN 46218

$ 950000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 21986169

Tax Year 2023

Lot Size 7.000 Acres

Acres 7.0

Property Sub-Type Industrial

Property Description

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.

Location

State IN

County Marion

Zoning I2

Interior

Fireplace N

Exterior

Utilities Available Electricity Connected,Sewer Connected,Water Connected

View Y/N false

Building

New Construction false

Schools

School District Indianapolis Public Schools

Others

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