Speedway Office

For Sale

5011 West 16th Street, Speedway, IN 46224

This Speedway property for sale is located at 5011 West 16th Street. The general use of Speedway Office is office and it incorporates 4,813 square feet of class C office space. The current listed sale price for Speedway Office is $950,000. Speedway Office is situated on a lot that is 0.56 acre in size.

Contacts

broker
Dan O'Neil

Berkshire Hathaway HomeServices of America

Property Details

  • Property Type Office - General Office
  • Property Size 4,813 SF
  • Units 1
  • Lot Size 0.56 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 20
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 1970
  • Year Renovated 2004
  • Date Updated Aug 12, 2024
The property is well located in the shadow of the world-famous Indianapolis Motor Speedway. The area is experiencing a renaissance, with newly constructed multi-family apartment buildings, restaurants and racing team offices, highlight the strong connection to the motorsports industry.This property boasts 4,813 square feet of versatile space on a .56 Acres of land, perfect for a variety of business needs and ample parking. With 3 separate entrances, the building offers exceptional potential for renovation into a multi-tenant space. This feature enhances accessibility and flexibility, making it an ideal choice for businesses looking to share a location or for an owner seeking rental income opportunities. The property originally was designed for a financial services company and most recently, the building was home to a day care operation.
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Highlights

  • 4,813 SF Large Flexible Space
  • Ample Parking at over 4.0/1,000 SF
  • Walking Distance to IMS and Main Street amenities

Getting around

  • 75/100

    Walk Score ®

  • 68/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Speedway, IN
  • Neighborhood Speedway
  • Zip Code 46224
  • Market Indianapolis

Points of Interest

  • Speedway

    0.34 miles

  • IMS Fuel Station

    0.52 miles

  • Sunoco

    0.52 miles

  • Thorntons

    0.58 miles

  • Kroger

    1.35 miles

  • Rich Oil

    1.44 miles

  • McClure

    1.57 miles

  • Shell

    1.64 miles

  • ChargePoint

    2.75 miles

  • Tesla Destination Charger

    3.20 miles

  • IMS Administrative Building Parking

    0.31 miles

  • IMS Employee Parking

    0.35 miles

  • IMS Lot 2

    0.36 miles

  • American Legion - South Lot

    0.38 miles

  • American Legion - Rear Lot

    0.39 miles

  • American Legion Main Parking Lot

    0.41 miles

  • American Legion - RV Lot

    0.43 miles

  • IMS Main Gate Parking

    0.43 miles

  • Credentialed Parking

    0.49 miles

  • Race Team Motorhome Parking

    0.50 miles

  • Courtyard Indianapolis West-Speedway

    1.61 miles

  • Microtel

    1.83 miles

  • Wingate By Wyndham Indianapolis Airport-Rockville Rd.

    1.85 miles

  • Hampton Inn & Suites Indianapolis West Speedway

    1.87 miles

  • Motel 6 Indianapolis - Airport

    1.95 miles

  • Holiday Inn Express

    2.00 miles

  • Best Western Airport Suites

    2.09 miles

  • Mayfair Motel

    2.14 miles

  • Relax Inn

    2.25 miles

  • Gateway Motel

    2.29 miles

  • La Vallita Mexican Grocery

    0.66 miles

  • Kohl's

    1.01 miles

  • Speedway Shopping Center

    1.05 miles

  • TJ Maxx

    1.08 miles

  • Ross

    1.11 miles

  • Burlington

    1.15 miles

  • Walmart Neighborhood Market

    1.16 miles

  • Kroger

    1.25 miles

  • El Rancho Grande

    1.53 miles

  • Carniceria La Campos

    1.66 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Dan O'Neil

Berkshire Hathaway HomeServices of America