2520 West Michigan Street
2520 West Michigan Street
$99,900
—
8,342
8,342
$12
Description
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...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.
- Listed by Stephanie Henry • Premier Commercial Real Estate • shenry@premiercres.com
Property Details for 2520 West Michigan Street
Township
Wayne
ZoningNON-RES-C3
Location
LISTING UPDATED: 05/19/2024 06:47 PM
Property Details for 2520 West Michigan Street
Status | Active |
---|---|
MLS # | 21979821 |
Days on Market | 32 |
Taxes | $1,839 semi-annually |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale / Mixed Use |
Year Built | 1880 |
Lot Size | 0.14 AC / 6,098 SF |
County | Marion County |
Location
Building Information for 2520 West Michigan Street
Stories2Residences1Year Built1880Lot Size0.14 AC / 6,098 SF
Payment Calculator
$852 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2520 West Michigan Street
Property History for 2520 West Michigan Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2520 West Michigan Street
Taxable ValueLand$13,800Additions$124,400Total$138,200
Tax Record2023$3,678 ($306 / month)
Home Facts
Total Finished SqFt8,342 SqFtAbove Grade Finished SqFt8,342 SqFtStories2Lot Size6,270 SqFtStyleMiscellaneous CommercialYear Built1880ZoningZO01CountyMARIONAPN49-11-04-190-006.000-901
Schools near 2520 West Michigan Street
This home is within Indianapolis Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Wendell Phillips School 63 PublicPK to 6 | ||
George Washington Community High School (7-8) 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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