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975-985 N Delaware St - 985 N Delaware St 0.24 Acres of Commercial Land Offered at $750,332 CAD in Indianapolis, IN 46202

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Investment Highlights

Heavy traffic
Excellent walkability and accessibility

Steps from Mass Ave & Cultural Trail

Executive Summary

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.

Property Facts

Price	$750,332 CAD	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Office Multifamily
No. Lots	1	Total Lot Size	0.24 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	CBD2 - CBD-2 zoning allows for high-density residential, mixed-use, retail, office, hotel, or multi-story development (buyer to verify)

Price	$750,332 CAD
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Office Multifamily
Total Lot Size	0.24 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	CBD2 - CBD-2 zoning allows for high-density residential, mixed-use, retail, office, hotel, or multi-story development (buyer to verify)