511 E Main Street, IN 46074

$200,000

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List Price
$200,000
Status
ACTIVE
Days on Market
144
Price Change
▲ $100,000 1781126099
MLS#
22096655
Subtype
Land
Acres
0.40
Subdivision
No Subdivision
MLS Area Major
Washington

Property Description

Unlock the potential of 511 E Main Street, a strategically positioned property with direct frontage along Indiana State Road 32 (E Main Street). Offering excellent visibility, convenient access, and a location just minutes from downtown Westfield, this property presents an opportunity for an investor, developer, or entrepreneur looking to establish a presence along one of the area's established corridors. Currently zoned LB-H (Local Business - Historical District), the property offers potential for neighborhood-scale commercial, professional office, or mixed-use concepts, subject to zoning, permitting, and applicable historical district requirements. Its prominent location and proximity to Westfield's continued residential and commercial growth make it a property worth exploring for those with a long-term investment or redevelopment strategy. Important Development Consideration: The property is located within a designated floodway and will require appropriate floodway mitigation and regulatory approvals prior to any new construction or development. Buyers should conduct their own due diligence regarding floodplain/floodway requirements, engineering, permitting, costs, timelines, and overall development feasibility.

Additional Information

Taxes
$186

Listing courtesy of Weichert REALTORS® Cooper Group Indy.

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