2902 N Capitol AVE Active

Indianapolis,IN 46208

$ 499900

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Commercial Land

Listing Status Active

Purchase Type For Sale

Subdivision Burton & Campbells Park Place Add

MLS Listing ID 21979922

Tax Year 2023

Lot Size 0.410 Acres

Acres 0.41

Property Sub-Type Commercial Land

Property Description

Discover a prime development opportunity with this expansive 18,000 sq ft lot zoned D8, ready for multifamily residential projects. Approved plans are in place for a 9-unit luxury condo building, including eight 2-bedroom, 2-bath units and an exclusive penthouse featuring 3 bedrooms and 3 baths. This investment-ready property is perfect for developers looking to capitalize on a highly sought-after location. While the price does not include construction costs, detailed estimates are available for serious buyers. The lot's zoning offers flexibility for residential developments, making it a standout choice for builders seeking a lucrative project. Situated in a convenient and central location, this property ensures easy access to local amenities, public transit, and thriving urban areas. Don't miss this chance to bring a remarkable project to life!

Location

State IN

County Marion

Zoning D8

Interior

Fireplace N

Building

Sewer Not Applicable

New Construction false

Schools

School District Indianapolis Public Schools

Others

Acceptable Financing Not Applic

Listing Terms Not Applic

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