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514 East Hanna Ave Indianapolis, IN 46227

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For Sale
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2.39 acres of commercial land near the University.

Lot size:
2.39 Acres

Property Features for 514 East Hanna Ave

General Information

Lot size
2.39 Acres

Source: Colliers Agent Stephen W. Daum

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


Overview

Commercial Land Near University

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.
Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Indianapolis
County
Hamilton
State
Indiana
Longitude
-86.150243
Latitude
39.708234

FAQs

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 Ave 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.
More about this property
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