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109 S Union St - Union Square Prime Corner Development Pad 0.24 Acres of Commercial Land Offered at $2,093,880 CAD in Westfield, IN 46074

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INVESTMENT HIGHLIGHTS

  • Main St
  • Live Work Play
  • Parking Garage
  • Master Planned PUD

EXECUTIVE SUMMARY

Prime 0.24-Acre Development Opportunity in Westfield's Booming Union Square PUD. Seize the Momentum in One of Indiana's Fastest-Growing Communities! Nestled at the vibrant heart of Westfield, Indiana—just minutes from downtown Indianapolis—this exclusive 0.24-acre development site (highlighted in red and green on the attached site plan) offers unparalleled potential for visionary builders and investors. Located within the meticulously planned Union Square at Grand Junction Planned Unit Development (PUD), this shovel-ready parcel is primed for boutique mixed-use, office, retail, or residential infill that aligns with Westfield's innovative growth trajectory. With flexible PUD zoning (amended via Ordinance 21-08), you can craft custom designs inspired by the district's character exhibit—think modern architecture blending seamlessly with walkable, community-focused vibes.Why Westfield? Explosive Growth Meets Business-Friendly Innovation. Co Tenants will include Pure Barre, Everbowl, Lake City Bank, BlackSheep Pizza and Cocktails, Stella’s Ice Cream, Woof Gang Bakery and Grooming, and The Spark Coffee. Sun King Brewing is also under construction in a detached building, which is expected to open in Summer 2026.
Steps from Grand Junction Plaza: A lush, pedestrian-friendly green space hosting farmers' markets, live music, and seasonal events—perfect for drawing foot traffic to your project.
Downtown Westfield Redevelopment: Adjacent to the bustling Union Street corridor, where historic charm meets modern retail and dining. Easy access via Main St./SR 32 ensures seamless connectivity.
Grand Park Proximity: World-class sports and entertainment hub (home to the Indiana Wesleyan University events and national tournaments) just 5 minutes away, boosting visibility and lifestyle appeal.
Urban Perks with Suburban Ease: Walk to boutique shops, craft breweries, and the Midland Trace Trail for recreation, all while enjoying quick I-465 access for commuters.
This site sits at the intersection of Main St. and Union St., surrounded by established historic buildings and multi-family residences—ideal for a 3-story mixed-use gem with shared parking efficiencies. Finished floor elevations are set for seamless integration:
Zoning Flexibility: PUD allowances for custom architecture, reduced setbacks (25' buffer along trails), and waived parking in front yards.
Site Specs: Flat, utilities-ready lot with direct trail adjacency for enhanced curb appeal.
Market Edge: Capitalize on Westfield's 2025 master plan emphasizing mixed-use density—demand for premium office and live-work spaces is skyrocketing.

PROPERTY FACTS

Price $2,093,880 CAD
Sale Type Investment or Owner User
Sale Condition Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Hospitality
  • Apartment Units - Condo
  • Bar
  • Bowling Alley
  • Drugstore
  • General Freestanding
  • Healthcare
  • Health Club
  • Hold For Development
  • Hold For Investment
  • Loft or Creative Space
  • Medical
  • Planned Unit Development
  • Restaurant
  • Shipyard
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Supermarket
Total Lot Size 0.24 AC
Zoning C - This PUD, established under Ordinance 19-38 (as amended by Ordinance 21-08), is designed for mixed-use development focused on commercial.

1 LOT AVAILABLE

Lot

Price $2,093,880 CAD
Price Per AC $8,556,227.76 CAD
Lot Size 0.24 AC

Prime 0.24-Acre Development Site in Westfield's Booming Union Square PUD. Join Pure Barre, Everbowl, Lake City Bank, BlackSheep Pizza and Cocktails, Stella’s Ice Cream, Woof Gang Bakery and Grooming, The Spark Coffee and Sun King Brewing.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-09-01-204-006.001-015
Land Assessment
$293,279 CAD
Improvements Assessment
$0 CAD
Total Assessment
$293,279 CAD
  • Listing ID: 38235596

  • Date on Market: 2025-10-28

  • Last Updated:

  • Address: 109 S Union St, Westfield, IN 46074

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