Redevelopment Site | 2850 S Meridian St
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Redevelopment Site 2850 S Meridian St
1,200 SF Retail Building Indianapolis, IN 46225 $295,000 ($246/SF)
Investment Highlights
- Size: Approx. 1.0 Acre
- Existing Building: Approximately 1,200 SF
- Driving Distance from Property to I-70: 2.5 Miles
- Zoning: D-5 with a Variance of Use for any C-3 (commercial uses)
- Driving Distance from Property to I-65: 1.9 Miles
- Driving Distance from Property to Downtown: 3.1 Miles
Executive Summary
Within minutes to Downtown Indianapolis and close proximity to I-65 and I-70, this centrally-located, approximately 1-acre site is an excellent redevelopment opportunity.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
1,200 SF
Building Class
C
Year Built
1918
Price
$295,000
Price Per SF
$246
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.98 AC
Zoning
D-5 - D-5 with a Variance of Use for any C-3 (commercial uses)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 49-11-23-122-013.000-101 | Improvements Assessment | $31,400 |
Land Assessment | $33,000 | Total Assessment | $64,400 |
PROPERTY TAXES
Parcel Number
49-11-23-122-013.000-101
Land Assessment
$33,000
Improvements Assessment
$31,400
Total Assessment
$64,400
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Redevelopment Site | 2850 S Meridian St
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