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Commercial Land for Sale in Carmel, Indiana
41 1st Ave SW, Carmel, IN 46032
$1,495,000
0.2 acres
Active
ago
Est $11,163/moAmazing corner lot in the heart of Carmel's Arts & Design District, currently zoned C2, offering exceptional visibility and flexibility. The current owner originally envisioned a mixed-use development featuring first-floor retail with second- and third-floor residential, making this an ideal live/work opportunity. Surrounded by thriving local businesses, galleries, dining, and community activity, this site offers a rare chance to create something special in one of Carmel's most desirable and walkable locations. Prime positioning, strong zoning, and endless potential make this a standout opportunity for investors, developers, or owner-occupants alike.
Location
- Street address
- 41 1st Ave SW
- County
- Hamilton County
- Community
- Hamilton - Clay
- School district
- Carmel Clay Schools
- Elevation
- 825 feet
Property details
- Lot size
- 0.2 acres8,712 sq ft
- Zoning
- C2
- MLS #
- MIBOR 22083007
- Posted
Parcels
- 290925163001000018
Legal description
Acreage .20, Section 25, Township 18, Range 3
Details and features
Listing
- Type
- Land
- Subtype
- Unimproved Land
Nearby schools
| Name | Type | District |
|---|---|---|
| Carmel High School | High | Carmel Clay Schools |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Feb 7, 2026 | New listing | $1,495,000 | — | MIBOR |
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