5209 Massachusetts AVE, Indianapolis, IN 46218
5209 Massachusetts AVE, Indianapolis, IN 46218
5209 Massachusetts AVE, Indianapolis, IN 46218
10
Listed by Justin Griffith • Keller Williams Indy Metro NE
$800,000
$950,000
15.8%
Est.Price: ?

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7 Acres Lot

5209 Massachusetts AVE Indianapolis, IN 46218

Est. payment /mo
SOLD DATE : 04/09/2026

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Jamie Spitler, CLHMS

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Key Details

Sold Price $800,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 21986169

Sold Date 04/09/26

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

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Jamie Spitler, CLHMS

Jamie Spitler, CLHMS

Team Leader | RBRB17000110

+1(317) 652-0436

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