2130 E Michigan Street Indianapolis, IN 46201

Other Residential MLS #: 22024093 Courtesy Of Highgarden Real Estate

$225,000

0.62 acres
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Estimated monthly payments: $984/mo.* (recalculate)

Property InformationDescription

Corner lot located in the vibrant St. Clair Place neighborhood, this property offers unmatched exposure to both pedestrian and vehicular traffic, making it an ideal location for a variety of retail ventures. Prominently situated on a well-trafficked thoroughfare with easy access to major roads and highways and just minutes from Mass Ave and downtown Indianapolis, this site ensures maximum visibility for your business, attracting both local residents and visitors alike. C3 zoning classification supports a broad range of retail uses, including restaurants, service businesses, specialty shops, and more. Over 1/2 acre of prime real estate, providing ample space to design a custom retail or entertainment venue, complete with parking and outdoor areas. Approved Plans for Beer Garden & Entertainment Venue: The current owner has secured approved plans for a large beer garden and entertainment venue, offering an exciting opportunity to create a vibrant social hub with space for live music, craft beer tastings, community events, and more. (Renderings and design plans available upon request.) Beyond retail, the property offers flexibility for other uses, such as a mid-rise apartment/condo/retail development, townhouse development, or subdivision into single-family buildable lots. This is a rare chance to invest in a prime piece of commercial real estate in a rapidly growing neighborhood. Whether you're a seasoned investor or an ambitious entrepreneur, this property provides a high-potential platform to create a thriving business or community space with excellent return on investment.

Features

  • Architecture Style: Other
  • Lot Size: 0.62 Acres

MAP & DIRECTIONS

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2130 E Michigan Street, Indianapolis, IN 46201
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School Information

2130 E Michigan Street, Indianapolis, IN 46201

Elementary School
Grades KG-8 | Public School
CENTER FOR INQUIRY SCHOOL 2
Indianapolis, IN 46202
725 N New Jersey St
317.­226.4202
Distance: 1.4 mi
School Rating
C+
Student:Teacher Ratio
11:1
Total Students
438
Elementary School
Grades PK-8 | Public School
FRANCIS PARKER MONTESSORI SCHOOL 56
Indianapolis, IN 46205
2353 Columbia Ave
317.­226.4256
Distance: 1.9 mi
School Rating
D+
Student:Teacher Ratio
8:1
Total Students
346
Elementary School
Grades PK-8 | Public School
IPS BUTLER UNIVERSITY LABORATORY SCHOOL 55
Indianapolis, IN 46220
1349 E 54th St
317.­226.4255
Distance: 5.3 mi
School Rating
D-
Student:Teacher Ratio
12:1
Total Students
418
Elementary School
Grades KG-6 | Public School
THEODORE POTTER MAGNET ELEMENTARY SCHOOL 74
Indianapolis, IN 46201
1601 E 10th St
317.­226.4274
Distance: 0.6 mi
School Rating
D+
Student:Teacher Ratio
11:1
Total Students
276
Elementary School
Grades PK-6 | Public School
THOMAS D. GREGG ELEMENTARY SCHOOL 15
Indianapolis, IN 46201
2302 E Michigan St
317.­226.4215
Distance: 0.1 mi
School Rating
C
Student:Teacher Ratio
12:1
Total Students
511
Middle School
Grades 7-8 | Public School
ARLINGTON MIDDLE SCHOOL
Indianapolis, IN 46204
120 E Walnut St
317.­822.7980
Distance: 5.8 mi
School Rating
C
Student:Teacher Ratio
8:1
Total Students
435
Middle School
Grades 7-8 | Public School
H. L. HARSHMAN MAGNET MIDDLE SCHOOL
Indianapolis, IN 46201
1501 E 10th St
317.­226.4101
Distance: 0.6 mi
School Rating
D+
Student:Teacher Ratio
12:1
Total Students
564
High School
Grades 9-12 | Public School
PURDUE POLYTECHNIC HIGH SCHOOL
Indianapolis, IN 46225
525 S Meridian St Ste Lla
317.­832.1200
Distance: 2.1 mi
School Rating
D-
Student:Teacher Ratio
22:1
Total Students
543
High School
Grades 9-12 | Public School
ARSENAL TECHNICAL HIGH SCHOOL
Indianapolis, IN 46201
1500 E Michigan St
317.­693.5300
Distance: 0.6 mi
School Rating
F
Student:Teacher Ratio
10:1
Total Students
2103
High School
Grades 9-12 | Public School
CRISPUS ATTUCKS HIGH SCHOOL
Indianapolis, IN 46202
1140 Dr Martin Luther King Jr St
317.­226.2800
Distance: 2.5 mi
School Rating
F
Student:Teacher Ratio
10:1
Total Students
1157
High School
Grades 9-12 | Public School
GEORGE WASHINGTON HIGH SCHOOL
Indianapolis, IN 46222
2215 W Washington St
317.­693.5555
Distance: 4.0 mi
School Rating
F
Student:Teacher Ratio
9:1
Total Students
798
High School
Grades 9-12 | Public School
SHORTRIDGE HIGH SCHOOL
Indianapolis, IN 46208
3401 N Meridian St
317.­226.2810
Distance: 3.4 mi
School Rating
D
Student:Teacher Ratio
9:1
Total Students
1077
Other Nearby Schools Distance Type Grades School Rating
Paramount Cottage Home 0.7 mi Public KG-4 A
Holy Cross Central School 0.7 mi Private KG-8
Urban Act Academy School 14 0.8 mi Public PK-8 D-
Paramount Englewood 0.8 mi Public 5-8 A
Brookside Elementary School 54 0.8 mi Public KG-6 D+
Trinity Christian School 1.0 mi Private PK-12
Legacy Learning Center 1.0 mi Private PK-12
Paramount Brookside 1.1 mi Public KG-8 A+
The Oaks Academy 1.1 mi Private 6-8
William Mckinley Elementary School 39 1.1 mi Public PK-6 B-
Longfellow Stem Magnet Middle School 1.3 mi Public 7-8 C+
The Oaks Academy - Brookside 1.3 mi Private PK-5
Shepherd Community Academy 1.5 mi Private PK-5
Kipp Indy Legacy High School 1.7 mi Public 9-10
Center For Inquiry School 27 1.7 mi Public PK-8 D+
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Indianapolis, IN 46201

Median Age: 35.8
Married: 24%
Number of Households: 12,810
Households with Children: 23.9%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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