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Mazda West 5309 W Pike Plaza Rd 14,989 SF Retail Building Indianapolis, IN 46254 For Sale

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INVESTMENT HIGHLIGHTS

  • Close Proximity to local Auctions
  • Service drive and parts department
  • Nearby Lafayette Square Mall future Re-Development

EXECUTIVE SUMMARY

Exclusive Sale-Leaseback Opportunity: Prime Indianapolis Dealership
This is a rare and lucrative opportunity to acquire the real estate of a fully operational, turnkey dealership in one of Indianapolis’ most coveted locations. Centrally situated near Downtown Indianapolis, the property boasts exceptional accessibility, with close proximity to major interstate routes, as well as some of Indianapolis’ best auto auctions including the Indianapolis Car Exchange, Kessler Schafer Auto Auction, and ADESA Auto Auction. These key amenities ensure a constant stream of buyers and sellers, solidifying the location as a prime destination for an automotive sales business. The offering is for the real estate only, providing the new owner with the opportunity to lease back the property under favorable terms. This structure provides both flexibility and stability, making it an ideal scenario for investors looking to secure a high-demand asset while offering the current business continuity in place.
Whether you’re looking to expand your existing operations or enter the automotive market, this property offers an immediate path to success with minimal setup required. Take advantage of this exceptional opportunity to own a premier dealership location in one of the most high-traffic, sought-after markets in Indianapolis.
PROPERTY HIGHLIGHTS
• Close Proximity to local Auctions
• Close Proximity to Interstate Access
• Nearby Lafayette Square Mall future Re-Development
• 3.42 acres zoned C5
• Service drive and parts department

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
14,989 SF
Building Class
C
Year Built
1984
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
3.42 AC
Opportunity Zone
Yes
Zoning
C5
Parking
200 Spaces (13.34 Spaces per 1,000 SF Leased)
Frontage
249’ on W Pike Plaza Rd

NEARBY MAJOR RETAILERS

Meijer
Old National Bank
Keybank
Planet Fitness
Woodforest National Bank
Golden Corral Buffet & Grill
Tim Hortons
Harold's Chicken
Fazoli's
Huntington National Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-06-18-100-022.000-674
Land Assessment
$245,700
Improvements Assessment
$640,600
Total Assessment
$886,300
  • Listing ID: 35572661

  • Date on Market: 4/21/2025

  • Last Updated:

  • Address: 5309 W Pike Plaza Rd, Indianapolis, IN 46254

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