6101 Madison AVE Active Save Request In-Person Tour Request Virtual Tour
Indianapolis,IN 46227
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,706 sqft
Price per Sqft $165
MLS Listing ID 22014258
Year Built 1948
Tax Year 2024
Lot Size 0.470 Acres
Property Description
This unique investment opportunity has many options to suit the next owner for a great price. Perfect for an owner/investor to live in, rent out one side, both sides, or occupy completely. This property features a duplex with one side being a 2/2 partially renovated townhouse, 2 car heated garage with ample storage space or can be converted for more living area, a serene fenced in brick patio perfect for relaxing and entertaining, and an upgraded kitchen with new appliances. There is room for expanding or adding upgrades to increase the value. The other side of the property is a fully renovated hair salon with 5 booths that can be rented weekly or monthly, 2 private rooms for an esthetician, nail tech, massage, eyelashes/ brow services, spray tans, break room, or an office. The salon also features a half bath, a laundry/stock area, waiting area, 5 car accommodating parking lot with the driveway being able to be used for more parking if needed. There is a tenant currently that may leave or stay with the sale. Owner is the real estate agent and motivated. Do not miss out on this fantastic income property!
Location
State IN
County Marion
Zoning D3 w/ com variance
Exterior
Utilities Available Cable Available,Electricity Connected,Gas Nearby,Sewer Connected,Water Connected
View Y/N false
Building
Story 2
New Construction false
Schools
School District Perry Township Schools