For Sale
$1,400,000

1717 Prospect St Indianapolis, IN 46203

Prime Indianapolis land, 17-unit potential.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 1,400,000 USD property located at 1717 Prospect St, Indianapolis, IN 46203, presents a rare development opportunity in the vibrant Fountain Square neighborhood. The land is zoned D8, permitting both commercial and residential uses. Currently, the property is ready for townhouse development, with existing plans available for 17 condo/townhome style units. These plans, included in the sale, project a price point between 500,000 USD and 700,000 USD per unit. Alternatively, buyers are free to design their own development project, tailoring it to their specific vision. The property's location in Marion County offers excellent access to amenities and transportation. No showings are required; prospective buyers are encouraged to visit the site independently to assess its potential. This is a unique chance to capitalize on the growing demand for housing in this desirable Indianapolis neighborhood. The latitude and longitude coordinates are 39.75240745324262, -86.13008882407306 respectively.

Highlights

  • $1,400,000 asking price.
  • 1717 Prospect St., Indianapolis, IN 46203.
  • Land zoned D8, suitable for commercial and residential development.
  • Ready for townhouse development; existing plans for 17 condo/townhome units (500-700k projected price point) available.

Property Details for 1717 Prospect St

Property type
Land

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.752407453243
Longitude
-86.130088824073

FAQs

What type of property is this?
Land - Prime Indianapolis land, 17-unit potential.
Where is the land located?
The property is located at 1717 Prospect St Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: $1,400,000 asking price.; 1717 Prospect St., Indianapolis, IN 46203.; Land zoned D8, suitable for commercial and residential development.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1717 Prospect St
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