Prime Location Near Downtown
931 S East St, Indianapolis, IN 46202
For Sale
$400,000
Pending
Commercial land with main-road frontage near downtown attractions.
Property SizeContact for details
Lot Size0.25 Acres
Days on Market549
Property Features for 931 S East St
General Information
Standard status
Lot size
Property subtype
Site & Location
Neighborhood
Listing Agency:
Compass Indiana, LLC
(317) 563-5051
Listed By:
Mike Feldman
(317) 965-5034
Source:
Exprealty
Added: May 15, 2025
Changed: Aug 8
Last Checked: Jul 29 at 6:44AM
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 Compass Indiana, LLC
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Investment Insights
Based on property information with market context.
This property offers significant potential, spanning 1/4 acre with approximately 88 feet of main-road frontage. The location is directly across from Eli Lilly and in close proximity to downtown attractions such as Lucas Oil Stadium and Gainbridge Fieldhouse. Currently zoned C5, the property holds commercial appeal with street frontage, making it suitable for retail or commercial use. The ease of rezoning to D8 provides the flexibility to transform this space into residential development, such as single-family homes or townhomes. The property's location on a bus route enhances accessibility, appealing to both residents and businesses. This property is poised to accommodate commercial or residential ambitions.
Key Highlights
- Prime location directly across from Eli Lilly.
- Zoned C5 with significant commercial appeal and great street frontage.
- Potential for residential development via rezoning to D8.
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
2,948
Businesses Nearby
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Business Placement
Demographics for 46202, IN
22,217
Population
12,297
Households
1.8
Avg Household Size
29
Median Age
62%
College-Educated
91%
High-School Grad
5.5 sq mi
ZIP Area
4,039
Density / Sq Mi
$61,082
Median Household Income
$40,499
Median Earnings
$1,258
Median Rent
$420,200
Median Home Value
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Market
Properties on Market for Commercial land in Indianapolis
Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land with main-road frontage near downtown attractions.
Where is this commercial land located?
The property is located at 931 S East St Indianapolis, IN.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Prime location directly across from Eli Lilly.; Zoned C5 with significant commercial appeal and great street frontage.; Potential for residential development via rezoning to D8.
