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765-573-6185
Real Estate Company
2902 N Capitol Avenue, Indianapolis, IN 46208
- $469,900
- List Price
- $469,900
- Price Change
- ▼ $30,000 1789063345
- MLS#
- 21979922
- Property Type
- Land
- Days on Market
- 891
- Status
- ACTIVE
Property Description
NEW PRICE - D8 MULTIFAMILY DEVELOPMENT OPPORTUNITY WITH ARCHITECTURAL PLANS INCLUDED! Offered at $469,900, this approximately 18,000-square-foot (.41-acre) cleared site on N Capitol Avenue provides an excellent opportunity for residential infill development just north of Downtown Indianapolis. The property was previously designed and permitted for a 9-unit luxury residential project featuring eight 2-bedroom/2-bath residences plus a 3-bedroom/3-bath penthouse. Seller owns the architectural plans, which are included with the sale. Previous permits have expired and buyer will be responsible for obtaining current approvals and permits; however, the completed plans provide a valuable head start for a developer evaluating the site. Convenient to Downtown, Fall Creek, Ivy Tech, Tarkington Park, Butler-Tarkington and major transportation corridors. Bring your builder and capitalize on the substantial planning already completed for this D8 multifamily site. Buyer to independently verify zoning, permitted density and uses, utilities, plans and all current development and permitting requirements.
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Additional Information
- Present Zoning
- Condo, Multi-Fam
- Land Characteristics
- City
- Topography
- Cleared
- Soil Type
- Gravely
- Development Status
- Not Applicable
- Facilities on Site
- Not Applicable
- Facilities near Site
- Cable, Electric, Gas
- Water
- Not Applic
- Sewer
- Not Applicable
- Road Access
- Not Applic
- Road Frontage
- NotApplic
- Road Surface
- NotApplic
- Acres
- 0.41
- Water
- Not Applic
- Region
- Center
Listing courtesy of Charlene Gaard. No Limit Real Estate, LLC
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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID. 
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.