1733 Olive St - Commercial LAND FOR SALE


Indianapolis, IN 46203 21,702 SF
$699,000 USD
317-804-1795
1733 Olive St, Indianapolis, IN for Sale
$699,000 USD
Commercial LAND - FOR SALE
1/5
21,702 SF

1733 Olive St
Indianapolis, IN 46203


HIGHLIGHTS

  • Transit Oriented Development Overlay
  • Residential Zoning
  • Multifamily and Higher Density Support
  • Utilities On Site
  • Site Survey Available

OVERVIEW

Gardner Property Group is proud to offer the Olive St. Development Land, a rare opportunity to develop over 21,000 square feet of prime residential land. Located just minutes from Downtown Indianapolis and near the lively Fountain Square neighborhood, this site offers an excellent foundation for new development. The site includes two existing residential structures and is zoned residential with support from the zoning commission for increased density. The site is well-suited for multifamily housing, townhomes, or a Planned Unit Development (PUD). Its location next to the Red Line transit stop, the Pleasant Run Trail, and the Indianapolis Cultural Trail offers easy access to public transit, walkable streets, and outdoor recreation. Indianapolis has a growing need for housing, especially in the “Missing Middle” segment. Options like townhomes or smaller multifamily units that bridge the gap between single-family homes and larger apartment buildings. This site is in a great position to meet that demand and create a development that fits the needs of the community while benefiting from the area’s ongoing growth. With its close proximity to downtown amenities, access to transit and trails, and flexibility for a variety of housing options, this site is an opportunity to be part of Indianapolis’s evolving urban landscape.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/ACRE

$1,403,154/AC

PRICE/SF

$32 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Olive Street Development Land

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Mixed Use, Multi-Family, Hospitality, Apartment Units, Planned Unit Development, Single Family Development, Single Family Residence

LAND ACRES

0.5 AC

LAND SF

21,700 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone

ZONING

D5

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Cory GardnerGardner Property GroupMore Info
317-804-1795

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Cory GardnerGardner Property GroupMore Info
317-804-1795

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.