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

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

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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