1717 Prospect StIndianapolis, IN 46203

For Sale
$1,400,000

Prime Indianapolis land, 17-unit potential.

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional 1,400,000 USD property located at 1717 Prospect St, Indianapolis, IN 46203, presents a rare development opportunity in the vibrant Fountain Square neighborhood. The land is zoned D8, permitting both commercial and residential uses. Currently, the property is ready for townhouse development, with existing plans available for 17 condo/townhome style units. These plans, included in the sale, project a price point between 500,000 USD and 700,000 USD per unit. Alternatively, buyers are free to design their own development project, tailoring it to their specific vision. The property's location in Marion County offers excellent access to amenities and transportation. No showings are required; prospective buyers are encouraged to visit the site independently to assess its potential. This is a unique chance to capitalize on the growing demand for housing in this desirable Indianapolis neighborhood. The latitude and longitude coordinates are 39.75240745324262, -86.13008882407306 respectively.

Highlights

  • $1,400,000 asking price.
  • 1717 Prospect St., Indianapolis, IN 46203.
  • Land zoned D8, suitable for commercial and residential development.
  • Ready for townhouse development; existing plans for 17 condo/townhome units (500-700k projected price point) available.

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.752407453243
Longitude
-86.130088824073
1717 Prospect St, Indianapolis, Indiana

FAQs

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1717 Prospect St
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