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5252 W 38th St
Indianapolis, IN 46254
Former Chevrolet Dealership · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Signalized access
- Excellent visibility
- Pylon signage
EXECUTIVE SUMMARY
Former Chevrolet dealership available for sale for $2,950,000 on West 38th Street in Indianapolis, Indiana. The 33,000 square foot building sits on 5.87 acres with over 525 feet of frontage along 38th Street. The property sits between Meijer Supermarket and Planet Fitness. Conveniently located on West 38th Street between I-465 and I-65 with high traffic counts. Property would be suitable for automobile-related uses, flex, or as a redevelopment.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
28,862 SF
Building Class
B
Year Built
1978
Price
$2,950,000
Price Per SF
$102.21
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
5.87 AC
Opportunity Zone
Yes
Zoning
C5 - C5 allows most retail uses, including automotive.
Parking
300 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
527’ on W 38th St
PROPERTY TAXES
| Parcel Number | 49-06-18-100-007.000-674 | Improvements Assessment | $501,500 |
| Land Assessment | $590,600 | Total Assessment | $1,092,100 |
PROPERTY TAXES
Parcel Number
49-06-18-100-007.000-674
Land Assessment
$590,600
Improvements Assessment
$501,500
Total Assessment
$1,092,100
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