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Historic District Restaurant Property
For Sale
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5129 E Washington St, Indianapolis, IN 46219

Former restaurant site near apartments and commercial properties, with no drive-through facility.

Property SizeContact for details
Days on Market142

Property Features for 5129 E Washington St

General Information

Standard status Active
Property subtype Retail
Listing Agency: Annie Scott Commercial Real Estate
Listed By: Annie Scott · License #IN
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 9:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Annie Scott Commercial Real Estate

Investment Insights

Based on property information with market context.

This conventional restaurant property was previously occupied by Church’s Chicken and does not include a drive-through. The building requires caution during touring because the ceiling has begun to cave in, and the seller will not complete repairs.

The property is situated within a Historic District and is near numerous apartments and commercial properties. Cash offers only.

Key Highlights

  • Former Church’s Chicken restaurant site
  • Ceiling has started to cave in; use caution when touring
  • Located within a Historic District

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Restaurant Building Supply Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

399
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46219, IN

36,556
Population
17,028
Households
2.1
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
13.0 sq mi
ZIP Area
2,812
Density / Sq Mi
$57,811
Median Household Income
$38,995
Median Earnings
$991
Median Rent
$177,000
Median Home Value

Market

Vacancy Rate% for Retail in Indianapolis, IN

6.6% 2019
7.4% 2020
6.4% 2021
5% 2022
4.7% 2023
4.6% 2024
4.8% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Former restaurant site near apartments and commercial properties, with no drive-through facility.
Where is this conventional restaurant located?
The property is located at 5129 E Washington St Indianapolis, IN.
What are key features of this property?
This property features: Former Church’s Chicken restaurant site; Ceiling has started to cave in; use caution when touring; Located within a Historic District
More about this property
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