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

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

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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