Retail Land for Sale

2028 W MICHIGAN ST, Indianapolis, Indiana 46222

  • Property Subtypes Multi-Family , Office , Retail
  • Building Size (RSF) 2,920 SF
  • Gross Building Area 2,920 SF
  • Sale Price $450,000.00 Total
  • Unit Price $154.11 per SF
  • Class of Space N/A
  • Total Land Size 0.67 Acres
  • Sale Terms Cash to Seller
  • Cap Rate Undisclosed
  • Last Updated 2/26/2020
  • Days on Market 304 Days
  • Status active

Overview / Comments

Perfect site to develop. This corner parcel is in a growing area just outside of Indy. This area has seen several new student housing project that contains 150++ units. The investment for those two developments are in the range of 3-7 million dollars.This site has been owned by the same family since the 1950's and has never been for sale. It would be a wonderful asset to this community.

Additional Details

  • Tax ID/APN 49-11-03-111-016.000-101
  • Zoning C-3
  • Property Visibility Excellent
  • Total Number of Buildings 1
  • Number of Stories 1
  • Year Built 1920-01-01 00:00:00
  • Tax Auth 49-11-03-111-016.000-101

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