This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

5859 E 38th St - Redevelopment Opp! E. 38th/Arlington

3.26 Acres of Commercial Land Offered at $950,000 in Indianapolis, IN 46218

Investment Highlights

  • REDEVELOPMENT OPPORTUNITY for mixed-use, commercial or multi-family!
  • Along IndyGo?s new BRT Purple Line with convenient access to Downtown Indianapolis.
  • Nearby new Eskenazi Health Center, Indianapolis Public Library, Indy Fresh Market and Goodwill Center

Executive Summary

0.98 approx total acres parcel #s: 49-07-22-106-014.000-710 and 49-07-22-106-012.000-701
0.18 approx total acres: parcel #: 49-07-22-106-013.000-701
2.09 approx total acres: parcel #: 49-07-22-106-015.000-701,-005.000-701,-010.000-701 & 017.701

Property Facts

Price $950,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 3.26 AC

1 Lot Available

Lot

Price $950,000
Price Per AC $291,411
Lot Size 3.26 AC

MULTIPLE PARCELS! Approximately 3.26 acres of commercial real estate, located on the south side of E. 38th Street, just west of Arlington Avenue. This property is located in the heart of the Lift Indy initiative, a $3.5 million investment by the Cit

Description

MULTIPLE PARCELS! Approximately 3.26 acres of commercial real estate, located on the south side of E. 38th Street, just west of Arlington Avenue. This property is located in the heart of the Lift Indy initiative, a $3.5 million investment by the City of Indianapolis, announced by Mayor Hogsett last year (https://www.inhp.org/news/lift-indy-east-38).

zoning

Zoning Code C3/D4 (It is the Buyers responsibility to confirm current zoning, and any planned/rezoning potential.)
C3/D4 (It is the Buyers responsibility to confirm current zoning, and any planned/rezoning potential.)
  • Listing ID: 29298500

  • Date on Market: 8/17/2023

  • Last Updated:

  • Address: 5859 E 38th St, Indianapolis, IN 46218

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}