Improved Mixed-Use Land for Sale in Hanover, Indiana

Prime Land Opportunity for Investors and Developers! Take advantage of the expansion of Hanover College's new Grad School just across the road. Currently zoned R-1 which allows up to 4 single family homes per acre. The Town of Hanover has recently annexed this property into town limits and has approved a comprehensive plan labeling this property to be mixed use zoning. Just to the west is commercial zoned with businesses such as Dollar General, Urgent Care, Overhead Door, Fast Food and a Gas Station. Property has an updated recorded survey. The current residence is a 3bedroom/2 bathroom home that could continue on as a single family residence or converted to an office/business use under approval from the Town Board. Seller is willing to short term lease the property... $1,800.00/mo utilities included. No pets. No smoking. Tenants must pass a background and credit check.