2130 East Michigan Street

Indianapolis, IN 46201

$399,000
Price
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Beds
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Description

Prime commercial lot located on the Near-Eastside of downtown Indianapolis. At just over 1/2 acre, this expansive lot is zoned C3 which allows for a variety of uses, including neighborhood shopping centers, retail stores, and personal and professional services. A prominent corner lot, perfectly situated on a well-trafficked thoroughfare in the heart of St. Clair Place neighborhood. Located minutes to Mass Ave and downtown Indy. Benefit from high exposure to both pedestrian and vehicular traffic,...Prime commercial lot located on the Near-Eastside of downtown Indianapolis. At just over 1/2 acre, this expansive lot is zoned C3 which allows for a variety of uses, including neighborhood shopping centers, retail stores, and personal and professional services. A prominent corner lot, perfectly situated on a well-trafficked thoroughfare in the heart of St. Clair Place neighborhood. Located minutes to Mass Ave and downtown Indy. Benefit from high exposure to both pedestrian and vehicular traffic, ensuring maximum visibility for your retail venture. Versatile zoning, the C3 zoning classification allows for a wide range of retail uses, including but not limited to restaurants, service businesses, and specialty shops. With over 1/2 acre at your disposal, you have plenty of room to design your dream retail space, complete with parking and outdoor areas. Easily accessible from major roads and highways, the property offers excellent connectivity for customers and suppliers alike. Located near established neighborhoods, schools, and other commercial establishments, this property attracts a diverse clientele and ensures a steady flow of customers. This is a rare opportunity to invest in a prime piece of commercial real estate in a growing area. With the potential for significant return on investment, this property is perfect for both seasoned investors and new entrepreneurs looking to establish their brand. The current owner has secured approved plans for a large beer garden and entertainment venue, providing an exciting opportunity to create a vibrant social hub. Imagine hosting live music events, craft beer tastings, and community gatherings in a beautifully designed outdoor area that will attract patrons year-round (renderings and design plans available upon request.) Additional proposed uses could include a mid-rise apartment/condo/retail development, townhouse development, or subdivide to single family buildable lots.
  1. Listed by Jay Pearl • Elevate 317 Realty LLC • jay@jaypearl.com

Property Details for 2130 East Michigan Street

Subdivision Name
J H Ruddells Glenwood
Township
Center
Zoning
C3
LISTING UPDATED: 11/04/2024 06:54 PM

Property Details for 2130 East Michigan Street

StatusActive
MLS #22007748
Days on Market15
Taxes$577 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeLand / Commercial Land
Year Built-
Lot Size0.62 AC / 27,007 SF
CountyMarion County

Building Information for 2130 East Michigan Street

Stories-Residences-Year Built-Lot Size0.62 AC / 27,007 SF

Property Information for 2130 East Michigan Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46201
  • Postal Code Plus4: 3161
  • Road Access: Frontage Road,Street Cuts
  • Road Frontage Type: City Street
  • State Or Province: IN
  • Topography: Cleared
Taxes and HOA Information
  • Parcel Number: 491006135108000101
  • Semi Annual Property Tax Amt: 577
  • Tax Year: 2023
  • TaxLot: 9,10,11,12,7
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: 1/2-1 Acre
  • Land Characteristics: City,Corner
  • Lot Size Square Feet: 27007.0
  • Lot Size Acres: 0.62
  • New Construction: False
  • Other Structures: Not Applicable
  • Soil Type: Gravely
Property and Assessments
  • Affected by Disclosures: No
  • Development Status: Surveyed
  • Divisible: Yes
  • DPRYN: No
  • Legal Subdivision: J H Ruddell S Glenwood Add To Indpls L9, L10, L11, L12 & 7 W Side L8
  • Photos Count: 4
  • Present Zoning: Not Applicable
  • Property Sub Type: Commercial Land
  • Property Type: Land
  • Road Surface Type: Asphalt
  • Type: Single Lot,Undeveloped
  • Transaction Type: Sale
Utilities
  • Facilities Near: Cable,Electric,Gas,Telephone,Water & Sewer
  • Facilities On: None
  • Public Transportation: Yes
  • Sewer: Municipal Sewer Near
  • Solid Waste: Yes
  • Water: Municipal Water Near By
Interior and Exterior Features
Exterior Features
  • Horse Amenities: None

Property History for 2130 East Michigan Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2130 East Michigan Street

Taxable ValueLand$41,600Additions-Total$41,600
Tax Record2023$1,154 ($96 / month)
Home Facts
Total Finished SqFt1,263 SqFtAbove Grade Finished SqFt1,263 SqFtStories1Lot Size27,007 SqFtStyleCommercialYear Built1986ZoningZO01CountyMARIONAPN49-10-06-135-108.000-101

Schools near 2130 East Michigan Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Thomas D. Gregg School 15
Public - PK to 6
Arlington Community Middle School
Public - 7 to 8
George Washington Community High School (9-12)
Public - 9 to 12
Arsenal Technical High School
Public - 9 to 12
Rating
School
Distance
Thomas D. Gregg School 15
PublicPK to 6

Arlington Community Middle School
Public7 to 8

George Washington Community High School (9-12)
Public9 to 12

Arsenal Technical High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 2130 East Michigan Street, Indianapolis, IN 46201

2130 East Michigan Street is for sale in Indianapolis, IN 46201. This property was listed for sale on October 21, 2024 by Elevate 317 Realty LLC, it's currently listed at $399,000. This listing's school district is Indianapolis Public Schools. Nearby schools include Thomas D. Gregg School 15, Arlington Community Middle School and George Washington Community High School (9-12). 2130 East Michigan Street is a 0-bed, 0-bath, .

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Elevate 317 Realty LLC

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.