4146 IN-56 Hanover, IN 47243
Land approved for mixed-use zoning near Hanover College.
Type:Mixed Use
Property size:
2,088 SFPrice / SF:
$238/SF- Added:
- Sep 9, 2024
- Days on Market:
- 598
- Last Refresh:
- Mar 17 at 1:26 pm
Property Features for 4146 IN-56
General Information
- Standard status
- Active
- Size
- 2,088 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1960
Listing agent Robin Mingione License #RB21001446
Listing office EXP Realty, LLC
Listing date Sep 9, 2024
Source Crexi
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 EXP Realty, LLC
Overview
Land Opportunity Near Hanover College
This property presents a prime land opportunity for investors and developers, situated within the Town of Hanover's expansion area. The location benefits from new commercial developments, including a Taco Bell and Dollar General within the block, as well as a 40-home subdivision within one mile. Hanover College is located across the road. Currently zoned R-1, the property allows up to four single-family homes per acre. The Town of Hanover has annexed the property into town limits and approved a comprehensive plan designating it for mixed-use zoning. To the west, commercial-zoned businesses include an Urgent Care, Overhead Door, fast food establishments, and a gas station. An updated recorded survey is available. The existing residence is a 3-bedroom, 2-bathroom home that could continue as a single-family residence or be converted into an office or business with Town Board approval. The property size is 2088 square feet.
Location Intelligence
Current Use by Public Records
Commercial land
Map
- City
- Hanover
- County
- Jefferson
- State
- Indiana
- Longitude
- -85.4906
- Latitude
- 38.7056
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Land approved for mixed-use zoning near Hanover College.
Where is this commercial land located?
The property is located at 4146 IN-56 Hanover, IN.
What is the asking price?
The asking price for this property is $498,500.
What are key features of this property?
This property features: Approved comprehensive plan designates property for mixed‑use zoning, offering diverse development possibilities.; Located within a rapidly expanding area with new commercial developments and residential subdivisions nearby.; High‑traffic location across from Hanover College.
