443-445 E Michigan Street, Fortville, IN 46040

$189,000

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List Price
$189,000
MLS#
22089043
Status
ACTIVE
Days on Market
117
Property Type
Land

Property Description

An exceptional development opportunity awaits in the heart of Fortville. Located at 443-445 E. Michigan Street, this prime corner lot at Michigan Street and Indiana State Road 13 offers outstanding visibility, accessibility, and investment potential in one of the area's most desirable and rapidly growing downtown districts. The property has already received municipal approvals for a 4-unit residential dwelling, presenting a rare chance for developers or investors to move forward with a project in a highly sought-after location where opportunities are increasingly limited. Positioned just moments from Fortville's vibrant downtown shops, restaurants, and community amenities, the lot benefits from strong traffic exposure and excellent walkability. Municipal water and municipal sewer are already available on site, simplifying the development process and adding significant value to the property. Architectural approval has been granted for the proposed project, and the groundwork for development has largely been completed. Included with the sale are the building plans and site plan that were used to obtain the approvals to replat the lot, providing valuable guidance for the next phase of development. Also attached in the supplements are the architectural elevations and floor plans of the proposed duplex apartment buildings that were presented to the Fortville Board of Zoning Appeals and the Fortville Planning Committee during the approval process. This is a rare opportunity to acquire a highly visible development parcel in a thriving downtown location with approvals already in place. With strong demand for housing and continued growth throughout Fortville, this property offers tremendous upside and the potential to create something truly special in a premier location. Opportunities like this rarely come to market and will not last long.

Additional Information

Present Zoning
Single Family
Number of Lots
1
Land Characteristics
City, Platted Subdivision
Topography
Level
Soil Type
Other
Development Status
See Remarks
Facilities on Site
Water & Sewer
Facilities near Site
Cable, Telephone
Water
Municipal Water on Site
Sewer
Public Sewer
Road Access
Street Cuts
Road Frontage
City Street
Road Surface
Asphalt
Acres
0.20
Water
Municipal Water on Site
Region
Vernon

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Calculator source: Real Geeks

Listing courtesy of Real Broker, LLC.

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