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Executive Summary

Position your business or investment in the heart of Irvington Historic District with this substantial commercial opportunity at 5501 EWashington St. Offering over 10,800 square feet across two levels and spanning three parcels, this property delivers the scale andflexibility rarely found in this highly sought-after corridor. The upper level features finished suites ready for immediate use, while themain level provides a blank canvas for redevelopment or customization to suit your vision. A large on-site parking lot with capacity for30+ vehicles adds convenience for tenants and customers alike, with potential for additional income. Surrounded by local landmarks,parks, and neighborhood businesses, this location offers both character and connectivity in one of Indianapolis’ most establisheddistricts. Ideal for office, retail, mixed-use, or redevelopment—this is a standout opportunity to create something impactful.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,000 SF
Building Class
C
Year Built
1913
Price
$1,532,124 CAD
Price Per SF
$153.21 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
0.53
Lot Size
0.43 AC
Zoning
commercial
Parking
35 Spaces (3.5 Spaces per 1,000 SF Leased)
Frontage
54’ on E Washington St
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Starbucks
Huntington National Bank
MCL Restaurant & Bakery
Rent-A-Center
Chase Bank

Property Taxes

Property Taxes

Parcel Number
49-10-03-223-043.000-701
Land Assessment
$24,464 CAD
Improvements Assessment
$545,575 CAD
Total Assessment
$570,039 CAD
  • Listing ID: 39921974

  • Date on Market: 2026-03-26

  • Last Updated:

  • Address: 5501 E Washington St, Indianapolis, IN 46219

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