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$549,000
46202 Zip Code
Creative seller! Bring an offer! Prime development opportunity in the heart of Downtown Indianapolis! 985 N Delaware St offers a rare chance to acquire a vacant CBD-2 zoned lot in the sought-after St. Joseph neighborhood-just steps from Mass Ave, the Cultural Trail, restaurants, parks, and downtown employment centers. CBD-2 zoning allows for high-density residential, mixed-use, retail, office, hotel, or multi-story development (buyer to verify). With alley access and excellent walkability, this site is ideal for boutique multifamily, townhomes, professional offices, or a mixed-use project. A perfect opportunity for builders, developers, or investors looking to capitalize on a rapidly growing urban corridor.

985 N Delaware Street

Listing courtesy of @properties.

$200,000
46202 Zip Code
Prime development opportunity just steps from the brand-new IU Health Downtown Hospital & Methodist Campus expansion. This 0.24-acre vacant lot (approximately 60 feet of frontage on Capitol by 150 feet of depth on 22nd) offers outstanding potential for multi-family development, ideal for townhomes, duplexes, or a small apartment or quadplex project. Situated within the Near North corridor, the property provides quick and easy access to Downtown Indianapolis, I-65 and I-70, and the 16th Street commercial corridor, making it highly desirable for residents seeking proximity to healthcare, education, and employment centers. The location places you within walking distance to IU Health's $1.6-billion hospital project opening in 2027, surrounded by ongoing redevelopment and strong housing demand. All city utilities are available nearby, and zoning (D-8) supports multifamily construction. With its central location, visibility, and strong rental and resale demand driven by the expanding hospital workforce and downtown professionals, 2181 N Capitol Ave stands as a rare infill opportunity in the direct path of Indianapolis' continued urban growth.

2181 N Capitol Avenue

Listing courtesy of Engel & Volkers.

$95,000
46201 Zip Code
Don't miss this rare chance to develop on the active and growing East Washington Street corridor! This 0.2-acre (8,568 sq ft) lot is fully prepped for your next project, offering MU-1 zoning and flat, level topography - ideal for mixed-use development. Whether you're envisioning a retail storefront, live-work space, multi-unit residential, or office property, this lot gives you the freedom and flexibility to create something impactful in one of Indianapolis' most dynamic areas. Even better, both water and sewer are already available on-site, saving you valuable time and money during the building process. This is truly a turn-key development opportunity with utilities ready to go. The location on East Washington St puts you right in the path of growth, just minutes from downtown Indianapolis, major roadways, and public transit. With excellent street frontage and high visibility, it's perfectly positioned for future appreciation and strong foot/vehicle traffic. This area is experiencing consistent revitalization, with updated infrastructure, new business openings, and increasing community investment. Whether you're an investor, builder, or business owner looking to secure a presence in a rapidly improving neighborhood, 2002 E Washington St is a smart addition to your portfolio. Seize the chance to build something incredible in a thriving urban corridor!

2002 E Washington Street

Listing courtesy of No Limit Real Estate, LLC.

$29,900
47265 Zip Code
Charming commercial lot with big potential! This 0.08-acre lot in North Vernon may be small, but the opportunities are endless. With water and sewer already on site, it's an affordable and versatile space perfect for a variety of uses. Picture a food truck court, a pop-up shop, or a boutique business hub. The possibilities are only limited by your imagination. Its manageable size makes it easy to maintain while still offering excellent visibility and access for customers. At under $30,000, this is a rare chance to own a commercial property in town at an unbeatable price point. Whether you're an entrepreneur, investor, or looking to start something fresh and fun, this lot is ready for your vision.

10 Hicks Street

Listing courtesy of F.C. Tucker Real Estate Experts.

$74,900
47265 Zip Code
Prime Norris Avenue lot with endless potential! This .43-acre property sits within the city limits of North Vernon and is currently zoned commercial, with the possibility to be rezoned residential. The lot is completely paved, making it ideal for a wide range of uses. With one established curb cut and easy access, it offers excellent visibility and accessibility from Norris Avenue. This lot provides ample space for parking, expansion, or future development. Its central location places it close to schools, shopping, restaurants, and other conveniences. Whether you're looking to establish a new business, build a home in town, or invest in land with flexibility, this property is a blank slate ready for your vision. Opportunities like this are rare in town. Don't miss the chance to secure a versatile lot in a prime North Vernon location.

82 Norris Avenue

Listing courtesy of F.C. Tucker Real Estate Experts.

$1,298,000
46203 Zip Code
Excellent opportunity in Marion County/Center Township: 22 lots that are zoned to build single family homes. Bring your own Builder or use the current builder. The preparation work to begin building on this property has been completed. These ready to build lots offer the possibility for a developer or investor to build a dream development. Access to downtown Indy within minutes, close to Fountain Square, Garfield Park and Sahm Golf Course. Bean Creek winds along the southern tip of the cul-de-sac, providing privacy and foliage. The seller is open to selling individual lots or even building the entire community for an investor. There are many possibilities here! We can get nearly anyone financed for the for a lot purchase or we can structure seller financing if need be.

2542 Walker Place

Listing courtesy of Indianapolis Homes Realty Group.

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