7515 E. Washington Street

Retail-Commercial for Sale
Catylist Listing ID: 30820719
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 3,448 SF
Gross Land Area: 0.76 Acres
Sale Price: $650,000
Unit Price: $188.52 PSF
In Opportunity Zone? Yes
Has Drive-Thru? Yes
Property Use Type: Vacant/Owner-User
Building Name: Former Ace Rent-A-Car
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/2/2023

Overview / Comments

Freestanding 3,448 square feet building on 0.74 acres for sale or lease. Excellent visibility and access to E. Washington Street. Located between I-465 and Shadeland Avenue in an opportunity zone. Washington Street has a great traffic count of 24,226 vehicles per day. Zoned C-4 making the property an ideal location for a retail business or fast food, QSR or sit-down restaurant.

Attachments & Media


Finance Data Year 2011
Real Estate Taxes - Annual($) $10,028 (Annual)
Tax Value Land $128,300
Tax Value Improvements $226,100
Assessed Value - Total($) $354,400 (Annual)

Additional Details

Nearest MSA: Indianapolis-Carmel-Anderson
County: Marion
Submarket/Township: Warren
Taxing Authority: Marion County
Tax ID/APN: 49-10-01-118-039.000-700
Zoning: C-4
Retail Clientele: General
Property Located Between: I-465 and Shadeland Avenue
Property Visibility: Excellent
Largest Nearby Street: Shadeland Avenue
Feet of Frontage: 218
Traffic/Vehicle Count: 24,226
Highway Access: I-465
Airports: Indianapolis International
Area Description: The Indianapolis east side is known for its population of many different cultures while offering many opportunities for entrepreneurs and family-owned businesses. The east side contains many established neighborhoods with historic homes and parks. Warren Central school system is located on the east side of Indianapolis and is known for its excellent sports programs and offering a solid educational experience to all students.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,448 SF
Property Condition: Fair
Year Built: 1979
Roof Type: Arched
Construction/Siding: Block
Parking Type: Surface
Zoning Description: C-4 allows for most commercial retail uses including restaurants and assorted retail uses
Lot Frontage: 218'
Legal Description: PT W1/2 SE1/4 S1 T15 R4 BEG 185FT E & 20TH S OFNW COR S 144FT E 238.69FT N 106.38FT NWERLY 64.7FTW 188.1FT TO BEG 0.755AC

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,110 75,530 243,571
Median Age: 45.32 37.63 34.73
Households: 2,987 30,707 94,949


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