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Listed by Carrie Parrish • Carpenter, REALTORS®
$ 250,000
Est. payment | /mo
800 SqFt
$ 250,000
Est. payment | /mo
800 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 800 sqft
Price per Sqft $312
MLS Listing ID 22066197
Tax Year 2024
Lot Size 0.780 Acres
Acres 0.78
Property Sub-Type Mixed Use
Property Description
Location! Location! Location! This exceptional 0.78-acre lot presents a prime opportunity for development or investment, strategically zoned for "Mixed Use" with a code of three family residential. The property currently features three existing dwellings, offering immediate rental income potential from one of them or a foundation for future renovations from your vision for the property. Its highly desirable location is a significant asset, situated just minutes from the bustling campus of Indiana University, ensuring a consistent demand for housing and commercial services. Furthermore, the property benefits from excellent visibility and accessibility, with a major highway clearly in sight, facilitating easy commutes and attracting commercial interest. This prominent location provides a distinct advantage for businesses seeking high traffic exposure and convenient access. The "Mixed Use" zoning designation offers a broad spectrum of possibilities, allowing for a combination of residential and commercial, subject to local regulations. A great piece of property for someone with a great vision!
Location
State IN
County Monroe
Zoning Bloomington
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected
Roof Type Shingle
Building
New Construction false
Schools
School District Monroe County Community Sch Corp
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