130 Raymond St Indianapolis, IN 46225

Property Details for 130 Raymond St

Year built

1910

Lot size

0.07 lot acres

Property size

1,350 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a 1,350 square foot, 1 1вЃ„2-story building situated on three lots totaling 0.07 acres at the highly visible corner of Capitol and Raymond Streets in Indianapolis, Indiana. The property boasts a desirable location with excellent visibility, making it ideal for a variety of commercial uses. Currently configured as a main-level office space and an upper-level apartment, the building offers flexibility for future development. The main level encompasses 834 square feet, providing ample space for business operations. The property includes a one-car attached garage and a two-car detached garage, offering convenient parking options. Currently zoned C-1, the property has the potential for rezoning to C-3, C-4, or C-5, opening up possibilities for auto sales, retail sales, or other commercial ventures, subject to necessary approvals. This versatile property presents a unique opportunity for investors seeking a high-traffic location with significant development potential. The building's existing configuration, combined with the expansive lot size and prime location, makes this an attractive proposition for both established businesses and entrepreneurs looking to establish a presence in a thriving Indianapolis neighborhood. The three lots provide ample space for expansion or future development projects. This is a rare opportunity to acquire a well-positioned commercial property with significant upside potential.

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Longitude

-86.16115

Latitude

39.73719