Great commercial site for development! 2.41 acres at one of the busiest intersections in Indianapolis. Heavy traffic count 36,497 on Shadeland Ave, 23,769 on E. 38th zone C-4 with optimum possibilities of multiple uses: drug store, convenience store, car wash, fast food etc. Vacant house on property.
* MULTI TENANT INVESTMENT: *GREAT 1.41 acres, I-2 Zoned Property *Fenced in storage lot on site; flexible Multi tenant arrangements *Large lot with plentiful parking *Property includes One office units of 5556 sq. ft. with 4 individual suites, *2240 sq. ft. Pole barn, and * One 1258 sq. ft. House . Currently 3 office suites are leased for $3000/ mo. and house and pole barn just got vacant with the potential of $3500/ mo. rental income, total potential income $6500 to $7500/ mo.
THE SUBJECT CHURCH PROPERTY HAS A MYRIAD OF POSSIBILITIES. THIS CORNER PROPERTY OF APPROXIMATELY 4.3 ACRES IS LOCATED AT THE SOUTHWEST QUADRANT OF EAST 42ND STREET AND NORTH POST ROAD. WITH A REASONABLE AMOUNT OF VEHICULAR TRAFFIC AND AN IMMEDIATE AND DENSE POPULATION, THIS HAS ALL THE REQUIREMENTS FOR ITS EXISTING USE, AN APARTMENT PROJECT, AND, OR A COMMERCIAL DEVELOPMENT, OR ANOTHER SPECIAL USE APPLICATION, ALL REQUIRING REZONING.
The median home value in Indianapolis, IN is $221,900. This is higher than the county median home value of $219,900. The national median home value is $338,100. The average price of homes sold in Indianapolis, IN is $221,900. Approximately 48.52% of Indianapolis homes are owned, compared to 40.53% rented, while 10.95% are vacant. Indianapolis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Indianapolis real estate agent to arrange a tour today!
Indianapolis, Indiana 46226 has a population of 880,104. Indianapolis 46226 is less family-centric than the surrounding county with 26.06% of the households containing married families with children. The county average for households married with children is 26.96%.
The median household income in Indianapolis, Indiana 46226 is $54,321. The median household income for the surrounding county is $54,601 compared to the national median of $69,021. The median age of people living in Indianapolis 46226 is 34.3 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 42.4 inches per year, with 21.6 inches of snow per year.