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Listed by Sana Fakhoury • F.C. Tucker Company
$ 174,999
Est. payment | /mo
1.7 Acres Lot
$ 174,999
Est. payment | /mo
1.7 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial Land
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22040889
Tax Year 2024
Lot Size 1.700 Acres
Acres 1.7
Property Sub-Type Commercial Land
Property Description
Unlock the potential of owning a 1.7-acre commercial lot located directly on Indiana State Road 9, a high-traffic, high-visibility corridor perfect for new development. This strategically positioned property offers immediate annual income of $2,500 through an existing sign lease already in place. The lot features a professionally installed 1,000 sq ft concrete slab. The whole lot can fit 100 cars for parking. Also included is a professionally developed business plan-valued at $25,000-for a wedding banquet hall overlooking the lake, highlighting a visionary and in-demand use of the site. This proposed venue caters to the growing local need for event space and maximizes the appeal of the lot's tranquil, scenic setting. Price reflects city permits and architectural business plan.
Location
State IN
County Madison
Zoning General commercial
Interior
Fireplace N
Building
Sewer Municipal Sewer Near
New Construction false
Schools
School District Frankton-Lapel Community Schools
Others
Acceptable Financing Not Applic
Listing Terms Not Applic
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