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Mixed-Use Development Land Lot
For Sale
$43,000

2115 E Michigan Street, Indianapolis, IN 46201

Cleaned residentially zoned mixed-use lot in downtown Indianapolis with approximately 33 by 145 ft dimensions.

Property SizeContact for details
Days on Market39

Property Features for 2115 E Michigan Street

General Information

Standard status Active
Property subtype Land
Zoning MU1
Listing Agency: @properties
Listed By: Luke Granholm
Source: Evrealestate
Added: Jul 21 Changed: Aug 27 Last Checked: Aug 26 at 6:05AM

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 @properties

Investment Insights

Based on property information with market context.

This for-sale commercial land lot has already had much of the cleaning completed, offering a prepared starting point for a new development. The property is identified as APN: 491006101002000101 and is listed at approximately 4,791.6 square feet.

The site is located in the center of development of downtown Indianapolis and carries Mixed Use One District zoning. Lot dimensions are noted as 33 by 145 feet.

With a mixed-use zoning designation and a partially cleared condition, the property may be a fit for buyers seeking a development site within the downtown growth area.

Key Highlights

  • Mixed‑use one district zoning (APN: 491006101002000101)
  • Lot has been cleaned in preparation for development
  • Approx. 33 ft x 145 ft lot dimensions (approx. 4,791.6 SF)

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Accounting Firm Spa & Massage Center (Bike/Boat/Book/etc) Store Bakery Nail Salon Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,161
Businesses Nearby

Demographics for 46201, IN

31,408
Population
17,145
Households
1.8
Avg Household Size
34
Median Age
26%
College-Educated
78%
High-School Grad
5.6 sq mi
ZIP Area
5,609
Density / Sq Mi
$43,183
Median Household Income
$36,951
Median Earnings
$929
Median Rent
$150,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Cleaned residentially zoned mixed-use lot in downtown Indianapolis with approximately 33 by 145 ft dimensions.
Where is this commercial land located?
The property is located at 2115 E Michigan Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $43,000.
What are key features of this property?
This property features: Mixed‑use one district zoning (APN: 491006101002000101); Lot has been cleaned in preparation for development; Approx. 33 ft x 145 ft lot dimensions (approx. 4,791.6 SF)
More about this property
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