Automotive/Redevelopment Opportunity

For Sale

5051 West Pike Plaza Road, Indianapolis, IN 46254

This Indianapolis property for sale is located at 5051 West Pike Plaza Road. The current listed sale price for Automotive/Redevelopment Opportunity is $3,300,000. Automotive/Redevelopment Opportunity is situated on a lot that is 4.06 acre in size.

Contacts

Michael Marlin

eXp Commercial

Property Details

  • Property Type Retail - Street Retail
  • Property Size 32,854 SF
  • Lot Size 4.06 Acre
  • Year Built 1987
  • 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 on over 4 acres in one of Indianapolis' established automotive corridors, this premier dealership property offers approximately 32,854 square feet of high-quality improvements designed for high-volume automotive operations. The existing franchise dealership is expected to relocate in late 2026 or early 2027, creating a rare opportunity to acquire one of the area's largest dealership facilities. The property features expansive showroom space, multiple service bays, administrative offices, customer amenities, and substantial paved parking and inventory display areas. The size, visibility, and existing infrastructure make this an outstanding opportunity for automotive retailers, commercial vehicle users, equipment distributors, indoor recreation concepts, medical conversions, educational facilities, or mixed commercial redevelopment.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • 32,854 SF dealership facility
  • 4.06-acre site
  • Available For Sale or Lease
  • Excellent access to major transportation corridors
  • Extensive paved parking and inventory display
  • Franchise-quality showroom and service facilities
  • High-profile automotive corridor location
  • Ideal for automotive, commercial, institutional, or redevelopment users
  • Occupancy available following dealership relocation (late 2026/early 2027)
  • One of the largest dealership facilities available in the Indianapolis market
  • Significant adaptive reuse potential

Getting around

  • 49/100

    Walk Score ®

  • 31/100

    Transit Score ®

  • 53/100

    Bike Score ®

Powered by Walk Score ®

Location

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

Points of Interest

  • Speedway

    0.62 miles

  • ChargePoint

    0.66 miles

  • Phillips 66

    1.14 miles

  • Marathon

    1.21 miles

  • BP

    1.23 miles

  • Genesys Car Charging Station

    4.26 miles

  • Tesla Destination Charger

    4.68 miles

  • Tesla Supercharger

    6.49 miles

  • eVgo

    9.32 miles

  • IMS Lot 4A

    1.93 miles

  • IMS Lot 7 (North 40 Parking)

    2.00 miles

  • IMS Lot 7

    2.01 miles

  • IMS Lot 1A

    2.03 miles

  • IMS Lot 4

    2.06 miles

  • Northwest Vista Parking

    2.09 miles

  • Northwest Vista Handicap Parking

    2.14 miles

  • IMS Lot 7 (North 40) Handicaped Parking

    2.14 miles

  • IMS Lot 8

    2.26 miles

  • Turn 4 Infield Parking

    2.32 miles

  • King Wok

    0.28 miles

  • India Sizzling

    0.28 miles

  • Apna Kitchen

    0.31 miles

  • India Palace

    0.34 miles

  • Village Indian and Pakistani Restaurant

    0.40 miles

  • Thai Town Cuisine

    0.57 miles

  • Shen Yang

    0.58 miles

  • The Pastry House

    0.60 miles

  • Papa John's

    0.61 miles

  • Church's Chicken

    0.62 miles

  • Walmart Supercenter

    0.41 miles

  • Ebenezer Grocery Store

    0.46 miles

  • Meijer

    0.50 miles

  • Save-A-Lot

    0.56 miles

  • Tienda Morelos Mexican Food Market

    0.67 miles

  • Patel Brothers

    0.67 miles

  • International Foods Halal

    0.69 miles

  • Los Dos Hermanos

    1.23 miles

  • Apna Bazaar

    1.35 miles

  • Saraga International Grocery

    1.41 miles

Contact Listing Broker
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.