Corner Commercial
For Sale
$72,900
1401 S Meridian Street, Indianapolis, IN 46225
Land, Indianapolis, IN
Property SizeContact for details
Lot Size0.12 Acres
Days on Market165
Property Features for 1401 S Meridian Street
General Information
Property type
Land
Property subtype
Other
Zoning
C-4
Subdivision
Pennsylvania Cos
Elementary school district
Indianapolis Public Schools
Middle school district
Indianapolis Public Schools
High school district
Indianapolis Public Schools
Directions
GPS Friendly
Standard status
Active
APN
491113147009000101
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Pennsylvania Cos Add W1/2 L1 & L2
Legal Description
Pennsylvania Cos Add W1/2 L1 & L2
Utilities
Sewer type
Public Sewer
Listing Agency:
Keller Williams Indy Metro Partners · Keller Williams Realty
(317) 882-5900
Listed By:
Basim Najeeb · License #RB19000202
(317) 657-2442
Added: Mar 31
Changed: Aug 28
Last Checked: Sep 11 at 5:06AM
MLS# 22092124
Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 0.12-acre commercial land parcel offers a level site at the intersection of South Meridian Street and Arizona Street. The property includes 5,314 square feet of land with frontage along both city streets, creating a two-sided street presence for future development.
Electric, gas, water, and municipal sewer are available at the site. Approved curb cuts are already in place, and the parcel is located just over a mile south of downtown Indianapolis. The property is suited for commercial site planning where existing utility access and established street connections are important considerations.
Electric, gas, water, and municipal sewer are available at the site. Approved curb cuts are already in place, and the parcel is located just over a mile south of downtown Indianapolis. The property is suited for commercial site planning where existing utility access and established street connections are important considerations.
Key Highlights
- 0.12‑acre commercial parcel with 5,314 sq ft of land
- Corner location at South Meridian Street and Arizona Street
- Frontage on two city streets
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
496
Businesses Nearby
Explore this area
Business Placement
Demographics for 46225, IN
6,503
Population
3,056
Households
2.1
Avg Household Size
35
Median Age
29%
College-Educated
81%
High-School Grad
4.0 sq mi
ZIP Area
1,626
Density / Sq Mi
$47,917
Median Household Income
$36,132
Median Earnings
$1,104
Median Rent
$123,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Indianapolis, IN
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Frequently Asked Questions
What type of property is this?
Commercial land - Level corner parcel with frontage on two city streets and utilities already in place.
Where is this commercial land located?
The property is located at 1401 S Meridian Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $72,900.
What are key features of this property?
This property features: 0.12‑acre commercial parcel with 5,314 sq ft of land; Corner location at South Meridian Street and Arizona Street; Frontage on two city streets
