About This Home
This land at 511 E Main Street in Westfield, IN is listed for $200,000 (0.40 acres).
Key Features
- 0.40 acre lot
Unlock the potential of 511 E Main Street, a strategically positioned property with direct frontage along Indiana State Road 32 (E Main Street). Offering excellent visibility, convenient access, and a location just minutes from downtown Westfield, this property presents an opportunity for an investor, developer, or entrepreneur looking to establish a presence along one of the area's established corridors.
Currently zoned LB-H (Local Business - Historical District), the property offers potential for neighborhood-scale commercial, professional office, or mixed-use concepts, subject to zoning, permitting, and applicable historical district requirements. Its prominent location and proximity to Westfield's continued residential and commercial growth make it a property worth exploring for those with a long-term investment or redevelopment strategy.
Important Development Consideration: The property is located within a designated floodway and will require appropriate floodway mitigation and regulatory approvals prior to any new construction or development. Buyers should conduct their own due diligence regarding floodplain/floodway requirements, engineering, permitting, costs, timelines, and overall development feasibility.
Location
511 E Main Street
Westfield, IN 46074
No Subdivision
Questions & Answers
This 0-bedroom, 0-bathroom land at 511 E Main Street is listed at $200,000. The estimated monthly payment is $1,069 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.40 acre lot.
This property is listed by Miranda Schubert and can be reached at (317) 538-5885.
