Mixed-Use Property with
New
For Sale
$900,000
5602 W Washington Street, Indianapolis, IN 46241
Commercial Sale, Indianapolis, IN
Property SizeContact for details
Lot Size0.53 Acres
Days on Market3
Property Features for 5602 W Washington Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-3
Elementary school district
MSD Wayne Township
Middle school district
MSD Wayne Township
High school district
MSD Wayne Township
Directions
GPS Friendly
Subdivision
4909 - Marion - Wayne
Standard status
Active
APN
491212111283000930
Lot size
0.53 Acres
Tenancy & Operations
Tenant in Place
Yes
Real Estate Included
Yes
Additional Details
Automotive Uses
dealership/vehicle sales
Taxes and HOA fees
Tax Year
2025
Tax Description
Biltmore Gardens L414 & 415 & 416
Tax Annual Amount
6860
Legal Description
Biltmore Gardens L414 & 415 & 416
Amenities
New HVAC
Spacious parking lot
Building Details
Year built
1959
Roof type
Shingle
Listing Agency:
eXp Realty, LLC
(888) 611-3912
Listed By:
Mark Wesler · License #RB19000739
(812) 734-6048
Added: Nov 2
Changed: Nov 3
Last Checked: Nov 4 at 1:06AM
MLS# 22134782
Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This mixed-use property in Indianapolis contains a restaurant and a used-car dealership. Built in 1959, it has a new HVAC system and a shingle roof, with a spacious parking lot serving the site.
The 0.53-acre property is in Wayne Township on the west side of Indianapolis, minutes from I-465. It is zoned C-3, and both commercial operations are leased month to month.
The 0.53-acre property is in Wayne Township on the west side of Indianapolis, minutes from I-465. It is zoned C-3, and both commercial operations are leased month to month.
Key Highlights
- Restaurant and used‑car dealership occupy the property
- 0.53‑acre site zoned C‑3
- Both leases are month to month
Property Analytics
Who owns this building?
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
375
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Retail in Indianapolis, IN
Frequently Asked Questions
What type of property is this?
Mixed-use property - Restaurant and used-car dealership operations occupy the property under month-to-month leases.
Where is this mixed-use property located?
The property is located at 5602 W Washington Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Restaurant and used‑car dealership occupy the property; 0.53‑acre site zoned C‑3; Both leases are month to month
