Veterans United Realty
52 Photos

91 N Raceway Road, Indianapolis, IN 46234

$525,000 Asking Price

3 beds
2 baths
1,960  sqft
Built in 1955

REZONE TO COMMERCIAL: Prime Investment Opportunity! This 1-acre property, ideally situated in a bustling commercial zone, offers immense potential for rezoning to accommodate diverse commercial ventures. With a sturdy house primed for renovation and customization, this property is a perfect canvas for your vision. Surrounded by an array of thriving businesses including PNC Bank, Little Caesars, AT&T store, Outback Steakhouse, McCallister's, Jagger's, Five Guy's, Walgreen's, Meijer Supermarket, Chic-fil-A, Subway, Panera Bread, Fresh Thyme, and L.A. Fitness, this high-traffic area. Over 15,000 cars pass by per day!! It's ideal for various ventures such as medical and dental offices, vibrant retail stores, or enticing restaurants. Seize this rare opportunity to transform this property into a thriving commercial hub, benefiting from the dynamic commercial landscape and the strong local community.


Listing Status:
Active
Date Added:
November 6, 2023 — 228 days ago
Listing Office:
Carpenter, REALTORS®, Doug Russell (317-453-1210)
Office Phone:
RussellRealtyGroup@callcarpenter.com
MLS ID:
21950099

Features & Amenities

Interior

General:
Attic Access
Appliances:
Electric Cooktop, Electric Water Heater, Humidifier, Microwave, Oven, Range Hood, Water Softener Owned
A/C:
Central Electric
Heating:
Dual, Gas
Fireplace:
Family Room, Non Functional, Woodburning Fireplce, Fireplaces: 1

Exterior

General:
Barn Mini, Storage Shed
Style:
Ranch
Other Structures:
Wrap Around
Parking:
Attached

Construction

General:
One, Block

Location

Originating MLS:
mibor
School District:
MSD Wayne Township
County:
Marion

Lot

Zoning:
Beg At Pnt On Wl Of Sw1-4 Sec 550Ft N Of Sw Cor Of1-4 Sec N 110Ft E 396Ft S 110Ft W396ft To Pnt Of Beg S4 T15 R2 1Ac, 491204136013000900

Utilities

Utilities:
Cable Available, 100 Amp Service, 200+ Amp Service
Water:
Municipal/City

Financial

Source:
mibor
Buyers Agent Compensation:
3 %

This listing courtesy of:
Carpenter, REALTORS®, Doug Russell

About Indianapolis, IN

Housing

Number of Units
439,918
Median Home Value
$169,609
Median Rent
$790

47.41% of housing units are renter occupied.

8.91% are vacant.

Commute

Car
76.18%
Public Transportation
1.34%
Walk to Work
1.81%
Work from Home
19.69%
Other
0.60%

The median travel time to work is 21 minutes.

People

Population
976,092
Median Age
35.40
Median Household Size
2.45

Education

High School
27.86%
Associate’s Degree
8.16%
Bachelor’s Degree
21.08%
Graduate Degree
11.46%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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Veterans United Homefront

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

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