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Redevelopment Opportunity on East Washington
For Sale
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Pending

7525 E Washington St, Indianapolis, IN 46219

2.25-acre site with existing restaurant and redevelopment potential.

Property Size6,121 SF
Lot Size2.25 Acres
Days on Market184

Property Features for 7525 E Washington St

General Information

Standard status Pending
Size 6,121 SF
Total Parking Spaces 137
Lot size 2.25 Acres
Property subtype Land
Zoning C4

Building Details

Year Built 1999
Buildings 1
Stories 1
Listing Agency: URBANSPACE USA
Listed By: Brian Epstein · License #IN
Source: Crexi
Added: Feb 19 Changed: Aug 8 Last Checked: Aug 2 at 1:02PM

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 URBANSPACE USA

Investment Insights

Based on property information with market context.

This 2.25-acre property presents a redevelopment opportunity along East Washington Street (US Hwy 40), situated just west of Interstate 465 in Indianapolis. The site comprises two contiguous parcels totaling 2.25 acres. Included is a 6,121-square-foot restaurant building that is currently operational, featuring extensive parking and signalized access. Zoned C-4 Community-Regional Commercial, the site is suitable for a variety of commercial redevelopment projects. An existing billboard on the property generates approximately $10,000 in annual income. The property benefits from its location within an established commercial corridor, offering visibility, accessibility, and proximity to surrounding retail and residential areas. This site is suitable for retail, restaurant, medical, or mixed-use redevelopment.

Key Highlights

  • Prime 2.25‑acre redevelopment opportunity in Indianapolis.
  • Located on East Washington Street (US Hwy 40) with excellent visibility and accessibility.
  • Zoned C‑4 Community‑Regional Commercial, supporting diverse redevelopment uses.

Property Analytics

Current Use

Tian Fu Chinese ... Restaurant

Suggested Use

Top Pick Building Supply Real Estate Agency HVAC Service Big Box & Wholesale Store Pharmacy Parking Lot & Garage

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

386
Businesses Nearby

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
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?
Commercial land - 2.25-acre site with existing restaurant and redevelopment potential.
Where is this commercial land located?
The property is located at 7525 E Washington St Indianapolis, IN.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Prime 2.25‑acre redevelopment opportunity in Indianapolis.; Located on East Washington Street (US Hwy 40) with excellent visibility and accessibility.; Zoned C‑4 Community‑Regional Commercial, supporting diverse redevelopment uses.
More about this property
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