5209 Massachusetts Avenue, Indianapolis, IN 46218

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Sold Price
$800,000
List Price
$950,000
Closing Date
Apr 09, 2026
MLS#
21986169
Property Type
Commercial Sale
Days on Market
657
Status
SOLD

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.

Additional Information

Acres
7
Region
Warren

Listing courtesy of Justin Griffith. Keller Williams Indy Metro NE

Selling Office: eXp Realty, LLC.

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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


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