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Mixed-Use Land for Sale in Granger, Indiana

15731 SR 23 Hwy, Granger, IN 46530

$1,750,000
3 acres
Active
Est $12,124/mo

Discover an exceptional 3+ acre development opportunity in the heart of Granger's thriving retail corridor. Currently zoned Residential, but easily approved for Commercial, this parcel is ideally positioned adjacent to Heritage Square, Toscana Park and the Grandview Lifestyle Center. This property offers unmatched visibility and access within the rapidly growing Mishawaka/Granger trade area. With over 25,000 vehicles passing daily on SR 23 and more than 47,000 at the nearby SR 23 and Gumwood intersection, this site provides outstanding exposure for retail, mixed-use, or commercial development. A rare chance to invest in one of the region's most dynamic and high-traffic locations.

Location

Street address
15731 SR 23 Hwy
School district
Penn-Harris-Madison School Corp.
Elevation
782 feet
Coordinates
41.7269, -86.1718

Directions

SR 23, just east of Heritage Square on north side

Property details

Acreage
3.03 acres
MLS #
GSBMAR 202540750
Posted

Property taxes

Recent
$2,151

Parcels

  • 71-04-22-330-016.000-011

Legal description

Details and features

Listing

Type
Commercial Sale
Franchise
RE/MAX International

Exterior

Fencing
Fenced
Features
Fence

Nearby schools

NameLevelDistrictDescription
Prairie VistaElementaryPenn-Harris-Madison School Corp.
SchmuckerMiddlePenn-Harris-Madison School Corp.
PennHighPenn-Harris-Madison School Corp.

Listing history

DateEventPriceChangeSource
Oct 9, 2025New listing$1,750,000GSBMAR
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This 3.03-acre property is located at 15731 SR 23 Hwy in Granger, IN 46530. The property is available for sale for $1,750,000 with a price per acre of $577,558.

Checked 7 hours ago — Updated

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