1503 Park AveAlexandria, IN 46001

For Sale
$175,000

High-traffic location, B2 zoning, development ready.

Overview

Added:
Dec 11, 2024
Days on market:
91
Prime 6.3-acre commercial development land in Alexandria, Indiana, is available for $175,000. This exceptional property boasts a highly visible location at the intersection of SR 9 (North Park Avenue) and SR 28 (East Cleveland Street) in Monroe Township, benefiting from significant traffic counts exceeding 5,500 vehicles per day (VPD) on SR 28 and over 7,000 VPD on SR 9. The property's APN is 48-06-18-200-045.000-022. Zoned B2 General Commercial, this site is ideal for a variety of businesses, including fast food restaurants, gas stations, grocery stores, and drugstores. Utilities are readily available on-site, facilitating a streamlined development process. The location offers excellent proximity to Alexandria's main retail corridor, featuring established businesses such as McDonald's, Pizza King, Dollar General, the Madison County Fair Grounds, and Vic's Hardware & Lumber. This owner-user opportunity presents a compelling investment prospect for developers seeking a high-visibility site in a thriving community. The property address is 1503 N Park Ave, Alexandria, IN 46001.

Highlights

  • 6.3-acre commercial development site in Monroe Township, ideally located at the intersection of SR 9 and SR 28.
  • High traffic counts exceeding 5,500 VPD on SR 28 and 7,000+ VPD on SR 9.
  • B2 General Commercial zoning allows for diverse commercial uses.
  • Excellent location near Alexandria's main retail corridor, including national and local businesses.

Property Details for 1503 Park Ave

Property type
Other land, Land
Lot Size (sq. ft)
274,428 SF

Location Insight

City
Alexandria
County
Madison
State
Indiana
Latitude
40.276628877506
Longitude
-85.671470160889
1503 Park Ave, Alexandria, Indiana

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1503 Park Ave
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