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3102 E Washington St
Indianapolis, IN 46201
Rally's · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • High-Visibility Double Drive-Thru Opportunity
  • Strategic Infill Location Near Major Retailers
  • Turnkey Restaurant Layout

EXECUTIVE SUMMARY

High-Visibility Drive-Thru Opportunity – Freestanding QSR building on East Washington Street with 21,000 VPD, prominent pole signage, and excellent street exposure just east of Downtown Indianapolis.
Turnkey Restaurant Layout – ±718 SF building with existing double drive-thru configuration, outdoor seating, and ±11 on-site parking spaces, ideal for quick-service or fast-casual users.
Strong Demographic & Daytime Population – Located within a 5-mile radius of 266,620 residents, 186,329 employees, and average household income of $81,198, supporting sustained daily traffic.
Strategic Infill Location Near Major Retailers – Surrounded by national tenants including Popeyes, Taco Bell, Dollar Tree, CVS,and Purdue Polytechnic High School, driving consistent consumer draw.

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
718 SF
Building Class
C
Year Built
1990
Tenancy
Single
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.04
Lot Size
0.38 AC
Opportunity Zone
Yes
Zoning
C-3 - Neighborhood Commercial
Parking
10 Spaces (13.93 Spaces per 1,000 SF Leased)
Frontage
128’ on E Washington St

AMENITIES

  • Bus Line
  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-10-05-165-018.000-101
Land Assessment
$37,000
Improvements Assessment
$49,400
Total Assessment
$86,400
  • Listing ID: 38853601

  • Date on Market: 12/22/2025

  • Last Updated:

  • Address: 3102 E Washington St, Indianapolis, IN 46201

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