Available For Sale - Land

778,852 SF | Show Pricing $

LISTED BY

Scott Edmond
NAI Prime Commercial, 812-453-3102

AVAILABILITY DETAILS

Size
778,852 SF
Price/SF
Show Pricing $
Listing ID
SA537100
Notes
This property presents a fantastic development opportunity for multifamily, light industrial or office development. Consisting of 11 platted lots in the Charlestown Square on the Lake, this property offers 9.41 AC of dry land, and 17.88 AC including the lake acreage.



Boasting versatile C-4 zoning, this prime real estate presents a wealth of investment opportunities, including the potential for high-demand multifamily development in a growing market. The property's scenic lake views provide an idyllic setting for upscale development, while its proximity to essential amenities ensures tenant convenience.



The majority of the land surrounding the adjoining lake is occupied by Lakeshore Apartment Homes, a Class A property built in 2004. Nearby land is developed with a mix of offices, light industrial, hospitality, and medical users. Deaconess Gateway Hospital and St Vincent Epworth Crossing have major campuses nearby. This area has been a hotbed of development activity thanks to the Warrick Trail TIFF district allowing financial incentives for developers of medical projects.
Uses
Land

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Scott Edmond, NAI Prime Commercial
BRE# RB15000270