A City Block For SAle

2028 W Michigan, Indianapolis, Indiana 46222

  • Property Subtypes Multi-Family , Retail , Other
  • Gross Building Area 2,500 SF
  • Sale Price $450,000.00 - Total
  • Class of Space N/A
  • Total Land Size 30,000 SF
  • Sale Terms Cash to Seller
  • Cap Rate Undisclosed
  • Last Updated 2/10/2020
  • Status pending

Overview / Comments

This site is located just over the River west of Downtown Indianapolis along Michigan Street. The Campus of IU Has expanded with all new student housing along White River Parkway. The Indianapolis Zoo, IUPUI Campus, baseball stadium & The Canal are all in walking distance from this property. This Full City Block offers a very functionable office building. This office is located directly on the corner lot. Its 2900 sqft with a delivery door and is a solid block building. The house that is next door is in great condition in the inside. The house is a 4 Bd, 2 full bath house with all wood exterior that includes a beautiful staircase, built in book shelves and sliding solid wood doors. This site would be an excellent investment for a business to have future land to expand on or use the office and sell the additional land when need.

Additional Details

  • Tax ID/APN 49-11-03-000-029.000-101,49-11-03-111-020.000-101,49-11-03-111-021.000-101,49-11-03-111-022.000-101,49-11-03-111-018.000-101,49-11-03-111.017.000-101,49-11-03-111-016.000-101
  • Zoning C-1, R1
  • Property Visibility Excellent
  • Zoning Description C-1, R-1 this property is in the comp to be multi family and retail.