2520 W Michigan Street Indianapolis, IN $ 99,900
2520 W Michigan Street
$ 99,900
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2520 W Michigan Street

Indianapolis, IN, 46222
$ 99,900
Baths0.0 Sq 8,342

Monthly Estimate*

$ 664

2520 W Michigan Street, Indianapolis, IN 46222 - Image 1
2520 W Michigan Street, Indianapolis, IN 46222 - Image 2
2520 W Michigan Street, Indianapolis, IN 46222 - Image 3
Studio

Commercial Property for sale in Indianapolis, IN

for $99,900. This 8,342 square foot building was built in 1880 on a lot size of 0.14.

Discover the incredible potential of this ideally located property on W Michigan Street, Indianapolis. While the existing structure is in poor condition and likely needs to be torn down, the site offers a blank canvas for visionary investors and developers. Boasting a blend of historic charm and modern amenities, the area offers a wealth of attractions for potential investors. Just minutes from downtown Indianapolis, investors can enjoy proximity to notable landmarks like the Indianapolis Zoo, Lucas Oil Stadium & Indiana Convention Center, Victory Field, IUPUI, the Indiana State Museum & Eiteljorg Museum, and the Indianapolis Motor Speedway. With a diverse array of dining options, beautiful parks, and a thriving arts and culture scene, the area provides a dynamic environment for businesses to thrive. Whether it's exploring the Canal Walk, White River State Park or catching a show at the Indiana Repertory Theatre, the location offers the perfect balance of work and leisure. Convenient access with less than 10 minutes to major interstates I-465 and I-70, and only 15 minutes to Indianapolis International Airport. Benefit from Indianapolis' ongoing economic expansion and increasing demand for new commercial and residential spaces. Leverage city development plans and infrastructure improvements to enhance your project's value. This property is a dream for developers looking for a project. Turn this site into a landmark development that meets the needs of the growing community.

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Commercial Active

Price

$ 99,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,678

Style

Mixed Use

Lot Size

0.14

Year Built

1880

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21979821

Features
General
Heating No Heating
Cooling None
Utilities Electricity Connected
Possession Closing
Zoning NON-RES-C3
Year Built 1880
Stories 2
Township Wayne
Levels Two
Property SubType Mixed Use
Tax Year 2023
Current Use Vacant
County Marion
New Construction N
Property Type Commercial Sale
Status Active
Directions GPS Friendly
City Indianapolis
Buyer Agent Compensation 3
High School District Indianapolis Public Schools
NumberOfUnitsTotal 1
MLS Area 4909 - Marion - Wayne
Lot Size Square Feet 6270
Days on Market 5
Standard Status Active
Tax Lot 1-4 1-2
Buyer Agent Compensation Type %
Legal Description Olleman's Subdivision Pt Lots 1 2 3 4 & 5 B8 38' W End Lots 1 2 3 4 & 5 B8
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Interior
Basement (Y/N) N
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Exterior
Building Area Total 8342
Lot Size Acres 0.14
Road Frontage Type City Street
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* Excluded Features
List By
Premier Commercial Real Estate

Broker

shenry@premiercres.com

Email

Affordability Calculator

$970
Per Month
68%
32%
0%
Monthly Principal & Interest
$664
Monthly Property Taxes
$307
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/17/2024$99,900 Listed Price

Map


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2520 W Michigan Street, Indianapolis, IN, 46222 is a Commercial Property for sale at $99,900 with 8,342 sqft and a lot size of 0.14. 2520 W Michigan Street is a studio with 0.0 baths and was built in 1880. The property's zip code is 46222 which is in Indianapolis, IN