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Listed by Sarah Remaley • Highgarden Real Estate
$ 225,000
Est. payment | /mo
0.62 Acres Lot
$ 225,000
Est. payment | /mo
0.62 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial Land
Listing Status Active
Purchase Type For Sale
Subdivision J H Ruddells Glenwood
MLS Listing ID 22024093
Tax Year 2023
Lot Size 0.620 Acres
Acres 0.62
Property Sub-Type Commercial Land
Property Description
Corner lot located in the vibrant St. Clair Place neighborhood, this property offers unmatched exposure to both pedestrian and vehicular traffic, making it an ideal location for a variety of retail ventures. Prominently situated on a well-trafficked thoroughfare with easy access to major roads and highways and just minutes from Mass Ave and downtown Indianapolis, this site ensures maximum visibility for your business, attracting both local residents and visitors alike. C3 zoning classification supports a broad range of retail uses, including restaurants, service businesses, specialty shops, and more. Over 1/2 acre of prime real estate, providing ample space to design a custom retail or entertainment venue, complete with parking and outdoor areas. Approved Plans for Beer Garden & Entertainment Venue: The current owner has secured approved plans for a large beer garden and entertainment venue, offering an exciting opportunity to create a vibrant social hub with space for live music, craft beer tastings, community events, and more. (Renderings and design plans available upon request.) Beyond retail, the property offers flexibility for other uses, such as a mid-rise apartment/condo/retail development, townhouse development, or subdivision into single-family buildable lots. This is a rare chance to invest in a prime piece of commercial real estate in a rapidly growing neighborhood. Whether you're a seasoned investor or an ambitious entrepreneur, this property provides a high-potential platform to create a thriving business or community space with excellent return on investment.
Location
State IN
County Marion
Zoning C3
Interior
Fireplace N
Building
Sewer Municipal Sewer Near
New Construction false
Schools
School District Indianapolis Public Schools
Others
Acceptable Financing Not Applic
Listing Terms Not Applic
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