Commercial Land Near University

514 East Hanna Avenue, Indianapolis, IN

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For Sale

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2.39 acres of commercial land near the University.

Type:LAND

Lot size:

2.39 Acres

HighLights

Located at a signalized intersection with high visibility.
Zoned C4, C5 (Commercial) & D4 (Residential) offering versatile development options.
High Average Daily Traffic Count: 38,080 vehicles/day on S East Street.
± 2.39 acres available for sale.
Adjacent to Kroger & Southern Plaza Shopping Center.
Close proximity to the University of Indianapolis (5,000+ students).

We can help!

Listing Contact

Stephen W. Daum

For Sale

Contact for pricing

2.39 acres of commercial land near the University.

Type:LAND

Lot size:

2.39 Acres

Added:: Dec 21, 2021
Days on Market:: 1635
Last Refresh:: May 20 at 9:49 pm

Property Features for 514 East Hanna Avenue

General Information

Standard status: Active
Lot size: 2.39 Acres
Property subtype: LAND

We can help!

Listing Contact

Stephen W. Daum

Listing agent Stephen W. Daum License #RB14022972

Listing office Colliers

Listing date Dec 21, 2021

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Colliers

HighLights

Located at a signalized intersection with high visibility.
Zoned C4, C5 (Commercial) & D4 (Residential) offering versatile development options.
High Average Daily Traffic Count: 38,080 vehicles/day on S East Street.
± 2.39 acres available for sale.
Adjacent to Kroger & Southern Plaza Shopping Center.
Close proximity to the University of Indianapolis (5,000+ students).

Overview

Available for sale is a property encompassing approximately 2.39 acres, featuring frontage on both East Street and Hanna Avenue. The zoning includes C4 and C5 commercial designations, along with a D4 residential designation. The location benefits from its position at a signalized intersection. It is situated in close proximity to the University of Indianapolis, which has an enrollment exceeding 5,000 students. The property is adjacent to Kroger and the Southern Plaza Shopping Center. Traffic data indicates an average daily count of 38,080 vehicles along South East Street. The intended use of the property is commercial.

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Location Insight

Map
Local Demand

City: Indianapolis
County: Hamilton
State: Indiana
Longitude: -86.1502
Latitude: 39.7082

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For sale
Land
IN
Indianapolis
514 East Hanna Avenue

What type of property is this?

Land - 2.39 acres of commercial land near the University.

Where is this land located?

The property is located at 514 East Hanna Avenue Indianapolis, IN.

What are key features of this property?

This property features: Located at a **signalized intersection with high visibility.**; Zoned C4, C5 (Commercial) & D4 (Residential) offering versatile development options.; High Average Daily Traffic Count: 38,080 vehicles/day on S East Street.

514 East Hanna Avenue, Indianapolis, IN

2.39 acres of commercial land near the University.

Property Features for 514 East Hanna Avenue

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Restaurant/QSR With Drive-Thru Potential

Value-Add Commercial Opportunity in Indianapolis

Hard-Corner Retail/Office Building

Freestanding Office Building on Shadeland

Freestanding Office Building on Shadeland

Flexible Office Building with Detached Garage

Renovated Office Flex Complex

Heavy Industrial Dock-High Warehouse

Corner Two-Tenant Retail and Auto Site

Multi-Office Building with Private Parking

Auto Shop with Paint Booth

Keystone Avenue Redevelopment Opportunity

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