1505 East St Indianapolis, IN 46225

This exceptional redevelopment opportunity presents a 9,200 square foot mixed-use property situated on a 0.6-acre lot in Indianapolis' vibrant Bates-Hendricks neighborhood. The property, located at 1505 S East Street, boasts 173 feet of East Street frontage, offering excellent visibility and accessibility. Currently zoned C-1, this versatile property allows for a range of uses, making it ideal for residential or mixed-use projects. The building, constructed in 1900 and renovated in 1954, comprises four combined structures and attached garages, providing ample space for creative development. The property includes a dedicated parking lot with over ten spaces and four garage bays. Its strategic location offers easy access to major interstates I-65 and I-70, placing it within a mile of the Eli Lilly & Co. Corporate Campus and the thriving Fountain Square district. This presents a unique chance to capitalize on the area's growth and high demand. The asking price is $1,300,000. The property's APN is 49-11-13-168-027.000-101. This is a vacant, Class B, two-story building with significant potential for a savvy investor.