
Mixed-Use Land for Sale in Westfield, Indiana
511 E Main St, Westfield, IN 46074
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
- County
- Hamilton County
- Zip code
- 46074
- School district
- Westfield-Washington Schools
- Elevation
- 866 feet
Property details
- Lot size
- 0.4 acres17,424 sq ft
- Zoning
- LB-H
- MLS #
- MIBOR 22096655
- Posted
Parcels
- 291006103003000015
Legal description
Acreage .40, Section 6, Township 18, Range 4
Details and features
Listing
- Type
- Land
Lot
- Features
- Access, Mature Trees, Not in Subdivision, Zoned
Structure
- Sewer
- Public Sewer
Nearby schools
| Name | Type | District |
|---|---|---|
| Westfield Middle School | Middle | Westfield-Washington Schools |
| Westfield High School | High | Westfield-Washington Schools |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 16, 2026 | Price increase | $200,000 | $100,000 100% | MIBOR |
| June 10, 2026 | Price drop | $100,000 | $100,000 -50% | MIBOR |
| June 10, 2026 | Price increase | $200,000 | $100,000 100% | MIBOR |
| May 11, 2026 | Price drop | $100,000 | $150,000 -60% | MIBOR |
| Apr 22, 2026 | New listing | $250,000 | — | MIBOR |








