2041 Prospect Street, Indianapolis, IN 46203

Listing agent Marcia Souers License #RB14034797 Show Phone

Listing office eXp Realty, LLC v***@gmail.com Counselors Row Ste 200 9465, IN Show Phone

Listing date Aug 22, 2025

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MLS# 22058627 Listing URL

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Overview

This 0.1-acre parcel is offered for sale with C4 zoning. The C4 zoning classification allows residential housing for both single-family and multi-family uses, as well as numerous commercial operating options.

According to the public remarks, the property is located minutes from the downtown Indianapolis area and local infrastructure. It is also described as being just east of Fountain Square, an area noted for its commercial history and current blend of local commerce and housing.

For buyers evaluating a small development site, the C4 zoning provides flexibility to pursue either residential development (single-family or multi-family) or a variety of business-oriented concepts, including retail, hotel, business use, and automotive repair. The property’s size and zoning flexibility may make it a practical choice for operators and developers seeking a compact site with multiple permitted pathways under the current zoning parameters.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

• Map
• Local Demand

City

Indianapolis

County

Hamilton

State

Indiana

Longitude

-86.1256021

Latitude

39.7522775

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FAQs

What type of property is this?

Commercial land - 0.1-acre C4 lot allowing both residential and a broad range of commercial uses, including retail, hotel, and automotive repair.

Where is this commercial land located?

The property is located at 2041 Prospect Street Indianapolis, IN.

What is the asking price?

The asking price for this property is $90,000.

What are key features of this property?

This property features: 0.1‑acre lot with flexible C4 zoning; C4 zoning allows residential housing for single‑family or multi‑family use; C4 zoning also permits a range of commercial uses including retail, hotel, business, and automotive repair