Automotive/Redevelopment Opportunity

5155 W Pike Plaza Rd, Indianapolis, IN 46254

Property Information

  • For Sale $2,000,000
  • Property Type Retail - Street Retail
  • Property Size 15,084 SF
  • Lot Size 4.23 Acre
  • Year Built 1989
  • Year Renovated 2005
  • Date Updated Sep 16, 2026

Description

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.

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

Contacts

Location

Located at 5155 W Pike Plaza Rd, Indianapolis, IN 46254, this property is part of the Lafayette Square neighborhood and Indianapolis market.

Contact Listing Broker
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