5602 W Washington Street Indianapolis, IN ^$ 900,000

5602 W Washington Street

^$ 900,000

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5602 W Washington Street

Indianapolis, IN, 46241

^$ 900,000

Bedrooms-- Baths-- Sq 2,160

Monthly Estimate*

^$ 6,216

Commercial Property for sale in Indianapolis, IN

for $900,000. This 2,160 square foot building was built in 1959 on a lot size of 0.53.

Check out this great investment property on the west side of Indianapolis in Wayne Twp. just minutes from I-465. It houses a restaurant and a used car dealership bringing in a monthly income of $4500. Leases are month to month. New HVAC. Spacious parking lot.

Commercial Active

Price

^$ 900,000

Property Type

Commercial

Taxes

^$ 6,860

Style

Business

Lot Size

0.53

Year Built

1959

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22134782

Features

General

Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected

Possession Subject To Tenant Rights

Roof Shingle

Zoning C-3

Year Built 1959

Township Wayne

Property Subtype Business

Tax Year 2025

Current Use Auto Dealer Restaurant

County Marion

New Construction N

Property Type Commercial Sale

Status Active

Directions GPS Friendly

City Indianapolis

High School District MSD Wayne Township

MLS Area 4909 - Marion - Wayne

Lot Size Square Feet 23033

Current Financing Conventional

Additional Parcels Y/N N

Standard Status Active

Tax Lot L414&415&416

Legal Description Biltmore Gardens L414 & 415 & 416

Exterior

Building Area Total 2160

Lot Size Acres 0.53

* Excluded Features

List By

Exp Realty, Llc

Broker

mark.wesler@exprealty.com

Affordability Calculator

$6,788

Per Month

Monthly Principal & Interest: $6,216
Monthly Property Taxes: $572
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Indianapolis, IN

Average List Price ^$961,858

Percent of Sale Price 7%

About Indianapolis, IN

843,184 Population

8% Since 2002

^$43,160 Median Income

35.24 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4045008 Elementary School

4045003 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/3/2026	$900,000		Listed Price

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5602 W Washington Street, Indianapolis, IN, 46241 is a Commercial Property for sale at $900,000 with 2,160 sqft and a lot size of 0.53. 5602 W Washington Street was built in 1959. The property's zip code is 46241 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Property information provided courtesy of the Internet Exchange Program of the Metropolitan Indianapolis Board of REALTORS® Broker Listing Cooperative® listing service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 11/4/2026.

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5602 W Washington Street

Commercial Property for sale in Indianapolis, IN

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