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
Retail properties, Mixed-use 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
Nearby Similar for Sale
For Sale
$300,000
East Washington St. Commercial Gem
Mixed-use building, prime location, high potential.
Retail property - 1.44-Acre C-5 Zoned Property, High Traffic
Where is the retail property located?
The property is located at 6001 Massachusetts Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 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.
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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6001 Massachusetts Ave
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