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Commercial Land with Existing Residence
For Sale
$180,000

8809 S Meridian Street, Indianapolis, IN 46217

Two commercially zoned parcels include an existing residence and curb cuts on South Meridian Street.

Property SizeContact for details
Days on Market55

Property Features for 8809 S Meridian Street

General Information

Standard status Active
Property subtype Commercial Lots & Land

Site & Location

Neighborhood Hill Valley
Listing Agency: Batts Real Estate Group
Listed By: Lisa Batts
Source: Battsrealestategroup
Added: Aug 31 Changed: Oct 22 Last Checked: Oct 22 at 2:11PM

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 Batts Real Estate Group

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Investment Insights

Based on property information with market context.

The commercial land comprises two separate parcels with a 3,100-square-foot residential structure. The existing building may be retained for office use or removed as part of redevelopment, according to the stated property options. The site is zoned commercial.

Curb cuts provide access from South Meridian Street. The property is on the north end of SR-135’s main retail corridor, between residential and commercial areas.

Key Highlights

  • Two separate parcels, zoned commercial
  • Existing 3,100 SF residential structure
  • Curb cuts on South Meridian Street

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Law Firm Restaurant Auto Repair Shop Hair Salon Big Box & Wholesale Store Auto Parts Store

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

550
Businesses Nearby

Demographics for 46217, IN

34,725
Population
14,078
Households
2.5
Avg Household Size
35
Median Age
33%
College-Educated
89%
High-School Grad
21.2 sq mi
ZIP Area
1,638
Density / Sq Mi
$88,326
Median Household Income
$46,909
Median Earnings
$1,370
Median Rent
$226,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Two commercially zoned parcels include an existing residence and curb cuts on South Meridian Street.
Where is this commercial land located?
The property is located at 8809 S Meridian Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Two separate parcels, zoned commercial; Existing 3,100 SF residential structure; Curb cuts on South Meridian Street
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