2902 N Capitol AVE, Indianapolis, IN 46208
2902 N Capitol AVE, Indianapolis, IN 46208
2902 N Capitol AVE, Indianapolis, IN 46208
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Listed by Charlene Gaard • No Limit Real Estate, LLC
$469,900
Est. payment /mo
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0.41 Acres Lot
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2902 N Capitol AVE Indianapolis, IN 46208

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Jamie Spitler, CLHMS

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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Burton & Campbells Park Place Add

MLS Listing ID 21979922

Tax Year 2023

Lot Size 0.410 Acres

Acres 0.41

Property Sub-Type Unimproved Land

Property Description

NEW PRICE - D8 MULTIFAMILY DEVELOPMENT OPPORTUNITY WITH ARCHITECTURAL PLANS INCLUDED! Offered at $469,900, this approximately 18,000-square-foot (.41-acre) cleared site on N Capitol Avenue provides an excellent opportunity for residential infill development just north of Downtown Indianapolis. The property was previously designed and permitted for a 9-unit luxury residential project featuring eight 2-bedroom/2-bath residences plus a 3-bedroom/3-bath penthouse. Seller owns the architectural plans, which are included with the sale. Previous permits have expired and buyer will be responsible for obtaining current approvals and permits; however, the completed plans provide a valuable head start for a developer evaluating the site. Convenient to Downtown, Fall Creek, Ivy Tech, Tarkington Park, Butler-Tarkington and major transportation corridors. Bring your builder and capitalize on the substantial planning already completed for this D8 multifamily site. Buyer to independently verify zoning, permitted density and uses, utilities, plans and all current development and permitting requirements.

Location

State IN

County Marion

Zoning D8

Interior

Fireplace N

Building

Sewer Not Applicable

New Construction false

Schools

School District Indianapolis Public Schools

Others

Acceptable Financing Not Applic

Listing Terms Not Applic


MIBOR MLS

NEARBY SCHOOL & BUSINESS

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Jamie Spitler, CLHMS

Jamie Spitler, CLHMS

Team Leader RBRB17000110

+1(317) 652-0436

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2902 N Capitol AVE