2902 Capitol Avenue, Indianapolis
2902 Capitol Avenue, Indianapolis, IN 46208
Purpose unavailable
$469,900
Property Details
Bedrooms
Bathrooms
N/A
Sq Ft
N/A
Year Built
Additional Information
Providence Property Group, PC
Residential seller representation and real estate guidance in Greenwood, Indianapolis, and nearby Central Indiana communities.
Office
612 N Madison Ave
Greenwood, IN 46142
Call/Text
(317) 746-0616
garrettvaleu@providenceproperty.group
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.
Location
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2902 Capitol Avenue, Indianapolis, IN 46208
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Listing provided courtesy of Charlene Gaard at No Limit Real Estate, LLC
Contact: charlenegaard@aol.com
Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID
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