2130 E Michigan Street
Indianapolis, IN 46201
- – beds
- – baths
- – sqft
- ~1/2 acre lot
Corner lot located in the vibrant St. Clair Place neighborhood, this property offers unmatched exposure to both pedestrian and vehicular traffic, making it an ideal location for a variety of retail ventures. Prominently situated on a well-trafficked thoroughfare with easy access to major roads and highways and just minutes from Mass Ave and downtown Indianapolis, this site ensures maximum visibility for your business, attracting both local residents and visitors alike. C3 zoning classification supports a broad range of retail uses, including restaurants, service businesses, specialty shops, and more. Over 1/2 acre of prime real estate, providing ample space to design a custom retail or entertainment venue, complete with parking and outdoor areas. Approved Plans for Beer Garden & Entertainment Venue: The current owner has secured approved plans for a large beer garden and entertainment venue, offering an exciting opportunity to create a vibrant social hub with space for live music, craft beer tastings, community events, and more. (Renderings and design plans available upon request.) Beyond retail, the property offers flexibility for other uses, such as a mid-rise apartment/condo/retail development, townhouse development, or subdivision into single-family buildable lots. This is a rare chance to invest in a prime piece of commercial real estate in a rapidly growing neighborhood. Whether you're a seasoned investor or an ambitious entrepreneur, this property provides a high-potential platform to create a thriving business or community space with excellent return on investment.
Last checked:
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Last updated Feb 27, 2025
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MLS# 22024093 —
The Building
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New Construction:false
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Development Status:Surveyed
Location
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Directions:GPS Friendly
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Latitude:39.774649
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Longitude:-86.124429
The Property
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View:true
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Property Type:Land
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Property Subtype:Commercial Land
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Parcel Number:491006135108000101
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Acres:1/2-1 Acre
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Lot Size Acres:0.62
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Lot Size SqFt:27,007 Sqft
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Price Per Acre:482258
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Type:Single Lot,Undeveloped
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Divisible:Yes
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Zoning:C3
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Present Zoning:Not Applicable
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Topography:Cleared
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Land Characteristics:City,Corner
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Horse Amenities:None
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Soil Type:Gravely
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Road Access:Frontage Road,Street Cuts
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Road Frontage Type:City Street
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Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (219) 455-3084
- Office phone:
- (317) 205-4320
Taxes
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Tax Lot:see legal
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Tax Year:2023
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Semi Annual Property Tax Amt:577
Utilities
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Water:Municipal Water Near By
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Sewer:Municipal Sewer Near
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Solid Waste:No
Schools
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High School District:Indianapolis Public Schools
The Community
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Subdivision Name:J H Ruddells Glenwood
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Facilities On:None
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Facilities Near:Cable,Electric,Gas,Telephone,Water & Sewer
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Public Transportation:Yes
Extra Units
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Other Structures:Not Applicable
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/26/25
Feb 26, 2025
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Listed / Active | MIBOR | $299,000 | |
12/26/24
Dec 26, 2024
|
Price Changed | MIBOR | ||
11/18/24
Nov 18, 2024
|
Price Changed | MIBOR |