5209 Massachusetts Avenue, Indianapolis, IN 46218
sale
$950,000
|
Industrial
Courtesy Of Indy Metro Northeast dba Keller Williams Realty
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.
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Virtual Tour
Property Features
- Architecture Style: Other
- Legal Description: PT SW1/4 SW1/4 S22 T16 R4 BEG 1326.2FT E & 45FT N SW COR N 200FT W 170FT N 413.36FT TO C/L SR 67 SW ON C/L SR 67 1175FT E 735.19FT N 25FT NE IRR 183.93FT SE 204.4FT E 26.2FT TO BEG 8.068AC
- MLSID: 21986169
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