Prime Auto Sales Lot High Traffic Count in Path of Progress

2511 E Washington St, Indianapolis, Indiana 46201

  • Property Subtypes Vehicle Related , Free-Standing Building
  • Building Size (RSF) 4,050 SF
  • Gross Building Area 4,050 SF
  • Building Name Blues Auto Sales
  • Building Status Existing
  • Sale Price $649,950.00 Total
  • Unit Price $160.48 per SF
  • Property Use Type Business
  • Class of Space N/A
  • Total Land Size 24,300 SF
  • Sale Terms Cash to SellerPurchase Money Mortgage
  • Cap Rate Undisclosed
  • Last Updated 3/6/2020
  • Status active

Overview / Comments

Successful auto sales lot in business since 1990 is up for sale. Includes 4050 sqft building with service area and offices. The service area includes 2 bays, one with a 7000lb car lift. Office area includes private offices, customer waiting area and front counter. The paved lot holds 60 cars easily with potential for more. The large sign out front is lighted. There is a high end security system with cameras included for the right price. This area is surrounded by bubbles of expanding progress with The Assembly in the former Ford Assembly Plant and the former Angies List campus to the west, Englewood neighborhood and Purdue Polytechical Institute to the east, Fountain Square to the southwest, the new Justice Center campus to the southeast, Holy Cross to the northwest, and St Clair Place and Woodruff Place to the north. This is a fantastic opportunity to start or expand your auto sales business.

Additional Details

  • Tax ID/APN 1065251
  • Zoning C-5
  • Property Visibility Excellent
  • Total Number of Buildings 1
  • Number of Stories 1
  • Year Built 1960
  • Year Renovated 1995
  • Tax Auth Marion Co
  • Core Factor 100
  • Land Ownership owned
  • Legal Description Schumachers E Washington St Addition Lots 26 thru 28
  • Zoning Description Indianapolis C-5

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