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$399,000 -

2130 E Michigan Street Indianapolis IN 46201

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.62
Acres

Prime commercial lot located on the Near-Eastside of downtown Indianapolis. At just over 1/2 acre, this expansive lot is zoned C3 which allows for a variety of uses, including neighborhood shopping centers, retail stores, and personal and professional services. A prominent corner lot, perfectly situated on a well-trafficked thoroughfare in the heart of St. Clair Place neighborhood. Located minutes to Mass Ave and downtown Indy. Benefit from high exposure to both pedestrian and vehicular traffic, ensuring maximum visibility for your retail venture. Versatile zoning, the C3 zoning classification allows for a wide range of retail uses, including but not limited to restaurants, service businesses, and specialty shops. With over 1/2 acre at your disposal, you have plenty of room to design your dream retail space, complete with parking and outdoor areas. Easily accessible from major roads and highways, the property offers excellent connectivity for customers and suppliers alike. Located near established neighborhoods, schools, and other commercial establishments, this property attracts a diverse clientele and ensures a steady flow of customers. This is a rare opportunity to invest in a prime piece of commercial real estate in a growing area. With the potential for significant return on investment, this property is perfect for both seasoned investors and new entrepreneurs looking to establish their brand. The current owner has secured approved plans for a large beer garden and entertainment venue, providing an exciting opportunity to create a vibrant social hub. Imagine hosting live music events, craft beer tastings, and community gatherings in a beautifully designed outdoor area that will attract patrons year-round (renderings and design plans available upon request.) Additional proposed uses could include a mid-rise apartment/condo/retail development, townhouse development, or subdivide to single family buildable lots.

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Property Details

Price: $399,000 Previously: $399,000 Originally: $475,000 Bathrooms: 0.00 MLS #: 22007748 Township: Center Type: Land Zip Code: 46201 City: Indianapolis Subdivision: J H Ruddells Glenwood County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:

Exterior Features

Exterior Features:
  • # Acres: 0.62
  • Sewer: Municipal Sewer Near

Listing Office: Elevate 317 Realty Llc

Office Contact: jay@jaypearl.com

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2024 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Listing information last updated on November 5th, 2024 at 1:31am EST.

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