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    FOR SALE
    Turn key restaurants

    10536 E Washington St, Indianapolis, IN 46229

    3,530 SF 1.08 ac lot Built 1989
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US31-0823159
    Property summary
    AI-generated overview

    This exceptional 0.61-acre commercial land parcel is ideally situated at 10536 East Washington Street in Indianapolis, Indiana, zip code 46229, within Marion County. The property boasts a highly desirable C-4 zoning designation, making it suitable for a wide range of retail developments. Its strategic location offers unparalleled visibility and accessibility, situated directly on Washington Street, a major thoroughfare experiencing approximately 35,000 vehicles per day. This high traffic count ensures significant exposure for any business established on this site. The land's proximity to the Washington Square Mall and numerous other major retailers provides a synergistic advantage, attracting customers and enhancing the overall commercial viability of the property. The asking price for this prime retail land opportunity is $385,000. This presents a unique investment chance for developers and entrepreneurs seeking a high-impact location with substantial growth potential. The property's size and zoning make it an attractive option for a variety of commercial ventures. Don't miss this chance to secure a prominent position in a thriving Indianapolis retail corridor.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1989
    Total area 3,530 SF
    Lot 1.08 ac (47,132 SF)
    APN 49-09-04-120-001.000-700
    UPID US31-0823159
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    HARDEES RESTAURANTS LLC
    HARDEES RESTAURANTS LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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