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5309 W Pike Plaza Rd
Indianapolis, IN 46254
Ray Skillman Westside Mazda · Retail Property For Sale
Executive Summary
An exceptional opportunity to acquire or lease a premier automotive property located along the highly trafficked Pike Plaza Road corridor on Indianapolis' west side. This professionally maintained former franchise dealership consists of approximately 14,989 square feet situated on 3.42 acres, offering outstanding visibility, excellent accessibility, and infrastructure already in place for automotive, retail, or commercial users.
Following the relocation of the existing franchise dealership in 2027, the property will become available for immediate occupancy. The facility features an attractive showroom, professional offices, service department, customer waiting areas, and ample paved parking and vehicle display areas.
This property presents an ideal opportunity for automotive dealerships, fleet operations, equipment sales, powersports, RV dealers, contractors, or adaptive commercial redevelopment.
Sale Highlights:
Available For Sale or Lease
14,989 SF dealership facility
3.42-acre site
Franchise-quality improvements
Prime frontage along Pike Plaza Road
Excellent visibility and traffic counts
Showroom, offices, service department & customer lounge
Extensive paved parking and inventory display
Immediate occupancy upon dealership relocation in 2027
Suitable for automotive, retail, commercial, or redevelopment uses
Located within one of Indianapolis' established automotive corridors
Ideal Uses:
Automotive Dealerships
Commercial Vehicle Sales
Fleet Operations
Equipment Sales
Powersports
RV Dealers
Service Centers
Retail Redevelopment
Medical Conversion
Industrial Showroom
Educational Facilities
Mixed-Use Commercial Redevelopment
Following the relocation of the existing franchise dealership in 2027, the property will become available for immediate occupancy. The facility features an attractive showroom, professional offices, service department, customer waiting areas, and ample paved parking and vehicle display areas.
This property presents an ideal opportunity for automotive dealerships, fleet operations, equipment sales, powersports, RV dealers, contractors, or adaptive commercial redevelopment.
Sale Highlights:
Available For Sale or Lease
14,989 SF dealership facility
3.42-acre site
Franchise-quality improvements
Prime frontage along Pike Plaza Road
Excellent visibility and traffic counts
Showroom, offices, service department & customer lounge
Extensive paved parking and inventory display
Immediate occupancy upon dealership relocation in 2027
Suitable for automotive, retail, commercial, or redevelopment uses
Located within one of Indianapolis' established automotive corridors
Ideal Uses:
Automotive Dealerships
Commercial Vehicle Sales
Fleet Operations
Equipment Sales
Powersports
RV Dealers
Service Centers
Retail Redevelopment
Medical Conversion
Industrial Showroom
Educational Facilities
Mixed-Use Commercial Redevelopment
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Building Size
14,989 SF
Building Class
C
Year Built
1985
Price
$2,300,000
Price Per SF
$153.45
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
3.42 AC
Opportunity Zone
Yes
Zoning
C5 - Flexible C-5 zoning allows automotive, retail, medical, office, restaurant, entertainment, hospitality, and flex/industrial uses.
Parking
200 Spaces (13.34 Spaces per 1,000 SF Leased)
Frontage
249’ on W Pike Plaza Rd
Property Taxes
| Parcel Number | 49-06-18-100-022.000-674 | Improvements Assessment | $809,900 |
| Land Assessment | $245,700 | Total Assessment | $1,055,600 |
Property Taxes
Parcel Number
49-06-18-100-022.000-674
Land Assessment
$245,700
Improvements Assessment
$809,900
Total Assessment
$1,055,600
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