8809 Meridian St Indianapolis, IN 46217
- Retail properties
- 0.94 lot acres
Current Use by Public Records
- Retail properties
Property Details for 8809 Meridian St
- Lot size
- 0.94 lot acres
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional commercial property, located at 8809 S Meridian St in Indianapolis, Indiana, presents a unique investment opportunity. The 0.94-acre lot is zoned C1, permitting a variety of uses including professional office, medical office, daycare, and retail (excluding drive-thrus). The property boasts an existing single-story building that could be repurposed as office space or demolished to accommodate new construction, offering flexibility for diverse development plans. Situated on the north end of the main retail corridor on SR-135, this location benefits from high visibility and significant daily traffic volume, averaging 33,965 vehicles per day. Convenient curb cuts on South Meridian Street ensure easy access for customers and employees. The property's strategic location within a blend of residential and commercial areas provides immediate access to a substantial customer base. The Marion County parcel, APN 49-14-24-120-003.000-500, is offered at an asking price of $300,000. This is an ideal opportunity for businesses seeking a high-traffic, well-located site in a thriving Indianapolis neighborhood. The zip code is 46217.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Longitude
- -86.1583
- Latitude
- 39.638
