Search
Zoned Retail and Strip Center Building
For Sale
Contact for pricing

5411 West Washington Street, Indianapolis, IN 46241

For-sale retail building built in 1961, zoned C5, suited for a retail or strip center.

Property Size13,480 SF
Days on Market50

Property Features for 5411 West Washington Street

General Information

Standard status Active
Size 13,480 SF
Property subtype Retail
Zoning C5

Building Details

Year Built 1961
Units 2
Listing Agency: Premier Commercial TCN Worldwide Real Estate
Listed By: Pete Alveal · License #IN123455
Source: Crexi
Added: Jul 13 Changed: Aug 22 Last Checked: Aug 29 at 11:32PM

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 Premier Commercial TCN Worldwide Real Estate

Investment Insights

Based on property information with market context.

This for-sale retail building totals 13,480 SF and was built in 1961. The property is zoned C5, offering a framework for retail-oriented use and development as a retail or strip center asset.

The building is located at 5411 West Washington Street in Indianapolis, Indiana (46241).

Key Highlights

  • 13,480 SF commercial building built in 1961
  • 5411 W Washington St retail/strip center opportunity
  • Zoned C5

Property Analytics

Current Use

The Caribbean banquet hall Wedding Service

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Auto Parts Store Parking Lot & Garage Gym & Fitness 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

461
Businesses Nearby

Demographics for 46241, IN

33,568
Population
12,414
Households
2.7
Avg Household Size
33
Median Age
15%
College-Educated
73%
High-School Grad
23.9 sq mi
ZIP Area
1,405
Density / Sq Mi
$51,598
Median Household Income
$33,477
Median Earnings
$1,118
Median Rent
$111,500
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Strip mall - For-sale retail building built in 1961, zoned C5, suited for a retail or strip center.
Where is this strip mall located?
The property is located at 5411 West Washington Street Indianapolis, IN.
What are key features of this property?
This property features: 13,480 SF commercial building built in 1961; 5411 W Washington St retail/strip center opportunity; Zoned C5
(317) 997-9362 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message