5105 Madison Avenue

For Sale

5105 Madison Avenue, Indianapolis, IN 46227

This Indianapolis property for sale is located at 5105 Madison Avenue. The general use of 5105 Madison Avenue is office and it incorporates 11,164 square feet of class B office space. The current listed sale price for 5105 Madison Avenue is $1,400,000. 5105 Madison Avenue is situated on a lot that is 3 acre in size.

Contacts

Ralph Balber

ALO Property Group

Property Details

  • Property Type Office - General Office
  • Property Size 11,164 SF
  • Units 2
  • Lot Size 3 Acre
  • Building Class B
  • Date Updated Sep 24, 2026
5105 Madison Avenue is conveniently located on Indianapolis’ established south side, with easy access to I-465 and US-31, providing connectivity to Downtown Indianapolis and the broader region. The property features well-maintained, high-quality office space with an attractive and professional interior, complemented by a small warehouse component with an overhead door. This combination provides a unique opportunity for businesses seeking polished office space with the added convenience of on-site storage or light operational capabilities. The surrounding area offers a variety of retail, dining, medical services, and established residential neighborhoods, along with nearby employment and industrial centers.5105 Madison Avenue presents a well-maintained office property on Indianapolis’ south side, offering an attractive combination of high-quality professional office space and a small warehouse component with an overhead door. The building features a polished, move-in-ready office environment with a functional layout that can accommodate a variety of owner-user or tenant needs. The added warehouse/storage area provides additional flexibility for users requiring light operational, storage, or distribution capabilities alongside their office space.
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Highlights

  • 11,164 SF office building
  • Adjacent fourth building available separately, with potential sale-leaseback
  • Situated on approximately 1.04 acres
  • Suitable for multi-tenant investment or owner-user strategy
  • Warehouse and storage component with overhead door

Attachments

Getting around

  • 54/100

    Walk Score ®

  • 26/100

    Transit Score ®

  • 49/100

    Bike Score ®

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Location

  • City Indianapolis, IN
  • Neighborhood Edgewood
  • Zip Code 46227
  • Market Indianapolis

Points of Interest

  • Speedway

    0.36 miles

  • BP

    1.32 miles

  • GetGo

    1.35 miles

  • Shell

    1.67 miles

  • Electrify America

    2.76 miles

  • Tesla Supercharger

    3.02 miles

  • ChargePoint

    4.81 miles

  • Tesla Destination Charger

    6.96 miles

  • Visitor

    1.19 miles

  • ADA Parking

    1.49 miles

  • Knight's Inn Check-In Parking

    2.84 miles

  • Large Vehicle Parking Lot

    2.86 miles

  • Truck Parking

    2.87 miles

  • Lot C

    4.69 miles

  • LaRosa South

    4.72 miles

  • Lot 43 South

    4.75 miles

  • Lot 48

    4.77 miles

  • Lot 98

    4.80 miles

  • Indy Lodge

    0.66 miles

  • Holiday Inn Express Indianapolis South

    0.71 miles

  • Comfort Inn South

    0.80 miles

  • Travel Inn

    0.82 miles

  • Super 8 by Wyndham Indianapolis South

    0.93 miles

  • Comfort Inn

    1.73 miles

  • Comfort Suites

    2.68 miles

  • America's Best Inn

    2.70 miles

  • Super 8 by Wyndham Indianapolis

    2.72 miles

  • Super 8 by Wyndham Indianapolis/Emerson Ave

    2.77 miles

  • Aithawng Asia Grocery

    0.22 miles

  • 21 Asian Grocery

    0.35 miles

  • Big Lots

    0.40 miles

  • Kroger

    0.83 miles

  • Walmart Neighborhood Market

    1.57 miles

  • Lemro Asian Grocery Store

    1.94 miles

  • Ram Tha Asian Grocery

    1.95 miles

  • Ti Ti Asian Grocery

    2.12 miles

  • Lelen Asian Grocery Store

    2.15 miles

  • Walmart Supercenter

    2.22 miles

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