Automotive/Redevelopment Opportunity

For Sale

5155 W Pike Plaza Rd, Indianapolis, IN 46254

This Indianapolis property for sale is located at 5155 W Pike Plaza Rd. The current listed sale price for Automotive/Redevelopment Opportunity is $2,000,000. Automotive/Redevelopment Opportunity is situated on a lot that is 4.23 acre in size.

Contacts

Michael Marlin

eXp Commercial

Property Details

  • Property Type Retail - Street Retail
  • Property Size 15,084 SF
  • Lot Size 4.23 Acre
  • Year Built 1989
  • Year Renovated 2005
  • Date Updated Jul 30, 2026
Situated along the highly visible Pike Plaza Road commercial corridor on Indianapolis' west side, this property benefits from exceptional exposure and easy access to Interstate 465 and Interstate 65. Surrounded by established automotive dealerships, national retailers, restaurants, hotels, and service businesses, the location serves one of the city's busiest commercial corridors. Its central location provides convenient access to downtown Indianapolis, the Indianapolis Motor Speedway, Eagle Creek, and Indianapolis International Airport, making it attractive for regional and national businesses.Positioned along Indianapolis' established automotive corridor, this exceptional commercial property offers a rare opportunity to acquire or lease a well-maintained dealership facility with outstanding visibility and accessibility. The property features an 11,709-square-foot primary building complemented by a 3,375-square-foot secondary building, all situated on 4.23 acres of prime commercial real estate. Purpose-built for automotive operations, the property includes an attractive showroom, professional offices, service facilities, customer amenities, expansive paved parking, and generous vehicle display areas. Its existing infrastructure also makes it well suited for a variety of commercial users seeking a high-profile location with immediate functionality. Whether continued as an automotive dealership or repositioned for another commercial use, this property offers exceptional flexibility in one of Indianapolis' most established commercial corridors. Ideal for automotive, retail, medical, office, recreational, or redevelopment opportunities.
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Highlights

  • 11,709 SF primary dealership building
  • 3,375 SF secondary building
  • 4.23-acre site
  • Available For Sale or Lease
  • Excellent west Indianapolis location
  • Existing showroom and service facilities
  • Ideal for dealership users, fleet operations, equipment sales, or commercial redevelopment
  • Large paved display and parking areas
  • Multiple buildings provide operational flexibility
  • Opportunity to purchase operating dealership and franchise (subject to manufacturer approval)
  • Real estate available separately

Getting around

  • 43/100

    Walk Score ®

  • 31/100

    Transit Score ®

  • 46/100

    Bike Score ®

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Location

  • City Indianapolis, IN
  • Neighborhood Lafayette Square
  • Zip Code 46254
  • Market Indianapolis

Points of Interest

  • ChargePoint

    0.56 miles

  • Speedway

    0.62 miles

  • Phillips 66

    1.12 miles

  • Marathon

    1.12 miles

  • BP

    1.15 miles

  • Shell

    1.34 miles

  • Genesys Car Charging Station

    4.29 miles

  • Tesla Destination Charger

    4.70 miles

  • Tesla Supercharger

    6.51 miles

  • eVgo

    9.42 miles

  • IMS Lot 4A

    1.90 miles

  • IMS Lot 7 (North 40 Parking)

    1.98 miles

  • IMS Lot 7

    1.98 miles

  • IMS Lot 1A

    1.99 miles

  • IMS Lot 4

    2.02 miles

  • Northwest Vista Parking

    2.06 miles

  • Northwest Vista Handicap Parking

    2.11 miles

  • IMS Lot 7 (North 40) Handicaped Parking

    2.12 miles

  • IMS Lot 8

    2.22 miles

  • Turn 4 Infield Parking

    2.29 miles

  • King Wok

    0.33 miles

  • India Sizzling

    0.34 miles

  • Apna Kitchen

    0.39 miles

  • India Palace

    0.42 miles

  • Village Indian and Pakistani Restaurant

    0.50 miles

  • Thai Town Cuisine

    0.51 miles

  • Shen Yang

    0.59 miles

  • The Pastry House

    0.61 miles

  • Papa John's

    0.62 miles

  • Church's Chicken

    0.65 miles

  • Meijer

    0.42 miles

  • Ebenezer Grocery Store

    0.42 miles

  • Walmart Supercenter

    0.49 miles

  • Save-A-Lot

    0.59 miles

  • Patel Brothers

    0.64 miles

  • International Foods Halal

    0.68 miles

  • Tienda Morelos Mexican Food Market

    0.69 miles

  • Los Dos Hermanos

    1.16 miles

  • Apna Bazaar

    1.25 miles

  • Saraga International Grocery

    1.43 miles

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