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Mixed-Use Land for Sale in Westfield, Indiana

511 E Main St, Westfield, IN 46074

$200,000
0.4 acres
Active sale
Est $1,439/mo

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

Street address
511 E Main St
Zip code
46074
School district
Westfield-Washington Schools
Elevation
866 feet
Coordinates
40.0425, -86.1222

Property details

Lot size
0.4 acres17,424 sq ft
Zoning
LB-H
MLS #
MIBOR 22096655
Posted

Property taxes

2025
$372

Parcels

  • 291006103003000015

Legal description

Details and features

Listing

Type
Land
Zoning
Historic

Lot

Features
Access, Mature Trees, Not in Subdivision, Single Lot, Zoned

Structure

Sewer
Public Sewer

Nearby schools

NameTypeDistrict
Westfield Middle SchoolMiddleWestfield-Washington Schools
Westfield High SchoolHighWestfield-Washington Schools

Listing history

DateEventPriceChangeSource
June 16, 2026Price increase$200,000$100,000 100%MIBOR
June 10, 2026Price drop$100,000$100,000 -50%MIBOR
June 10, 2026Price increase$200,000$100,000 100%MIBOR
May 11, 2026Price drop$100,000$150,000 -60%MIBOR
Apr 22, 2026New listing$250,000—MIBOR
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This 0.4-acre property is located at 511 E Main St in Westfield, IN 46074. The land is available for sale, priced at $200,000.

Listed by Weichert REALTORS, (317) 538-5885

Checked 1 hour agoUpdated Source

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