41 1st Avenue SW, Carmel, IN 46032

Listing agent Jimmy Dulin License #RB14033565 Show Phone

Listing office eXp Realty LLC i***@exprealty.net S Rangeline Rd Ste 129 200, Greenwood, IN Show Phone

Listing date Feb 5, 2026

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MLS# 22083007 Listing URL

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Overview

This offering is a corner lot in Carmel, currently zoned C2. The property is presented as suitable for a mixed-use approach, consistent with the owner’s original concept for first-floor retail with second- and third-floor residential components, creating a practical live/work format on the same site.

The site is positioned in Carmel’s Arts & Design District and is described as being surrounded by local businesses, galleries, dining, and ongoing community activity. Its corner location is a key part of the site’s intended appeal for tenant-facing uses.

For investors, developers, or owner-occupants, the combination of C2 zoning and a mixed-use live/work concept supports a range of planning scenarios involving retail and residential space. The property’s layout as a corner parcel also aligns with goals that benefit from storefront presence while keeping the development focused on a cohesive on-site arrangement.

Suggested Use

(Bike/Boat/Book/etc) Store Bed & Breakfast Clothing & Fashion Store Farmer's Market Butcher (Bike/Boat/Book/etc) Store Buffet Wine and Liquor Store (Bike/Boat/Book/etc) Store Veterinary Clinic

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

Location Insight

• Map
• Local Demand

City

Carmel

County

Hamilton

State

Indiana

Longitude

-86.128358

Latitude

39.978066

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FAQs

What type of property is this?

Live-work space - Corner lot zoned C2 in Carmel’s Arts & Design District, suitable for live/work or mixed-use development plans.

Where is this live-work space located?

The property is located at 41 1st Avenue SW Carmel, IN.

What is the asking price?

The asking price for this property is $1,495,000.

What are key features of this property?

This property features: Corner lot in Carmel’s Arts & Design District; Currently zoned C2; Public sewer available