For Sale

Speedway Office

5011 West 16th Street, Speedway, IN 46224

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.

Key features

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

  • For Sale $950,000
  • Property Type Office - General Office
  • Property Size 4,813 SF
  • Units 1
  • Lot Size 0.56 Acre
  • Parking Spaces Avail. 20
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 1970
  • Year Renovated 2004
  • Date Updated Jan 23, 2025

Getting Around

  • Walk Score ®

    Very Walkable (75)

  • Bike Score ®

    Bikeable (68)
Powered by Walk Score ®

Location

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

Points of Interest

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 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

Cheap Tow Truck LLC

1.92 miles

Family Ties Hand Carwash

3.19 miles

Givens Hand Car Wash

3.43 miles

1513 North Senate Avenue

4.34 miles

1813 North Capitol Avenue

4.42 miles

XTRA Lease Indianapolis

4.58 miles

Crew Car Wash

4.66 miles

BlueIndy

4.82 miles

635 West Hampton Drive

5.25 miles

Le Peep

0.23 miles

Wine Vault

0.32 miles

Charlie Brown's Pancake & Steakhouse

0.43 miles

Famous Tomato

0.46 miles

1911 Grill

0.46 miles

Big Woods Speedway

0.49 miles

Mug-n-Bun Dining Room

0.54 miles

Mug-n-Bun

0.56 miles

Wingstop

0.64 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

Speedway Police Department

0.37 miles

Community Health Pavilion Speedway

0.49 miles

IU Health Emergency Center

0.57 miles

West Health Center

1.25 miles

Speedway Fire Station 202

1.26 miles

Assurance Health Psychiatric Hospital

1.66 miles

Resolute

1.81 miles

Indianapolis Fire Station 30

1.84 miles

CVS Pharmacy

2.03 miles

5011 West 16th Street Listing Summary

  • What is the asking price at Speedway Office?

    Speedway Office is currently listed for sale at Contact for pricing.

  • What is the total size of Speedway Office?

    Speedway Office has a total of 4,813 square feet.

  • What is the year built for Speedway Office?

    The year built for Speedway Office is 1970.

Contact Speedway Office
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