Speedway Office

5011 West 16th Street, Speedway, IN 46224

  • For Sale $950,000
  • 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

Contacts

broker

Dan O'Neil

Berkshire Hathaway HomeServices of America

Location

Getting Around

  • Walk Score ®

    75/100 Very Walkable

  • Bike Score ®

    68/100 Bikeable
Powered by Walk Score ®
  • 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

  • Barbeque and Bourbon

    0.20 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

  • Carl G Fisher Elementary School

    0.22 miles

  • Speedway Junior High School

    0.23 miles

  • Saint Christopher School

    0.39 miles

  • Arthur C Newby Elementary School

    0.72 miles

  • James A Allison Elementary School

    0.78 miles

  • Pride Academy

    0.80 miles

  • Speedway Senior High School

    1.12 miles

  • Indianapolis Public School #67

    1.47 miles

  • Frank H Wheeler Elementary School

    1.56 miles

  • Ernie Pyle Elementary School

    1.59 miles

  • Heaven Sent Daycare Ministries

    0.46 miles

  • Dell's Caring Academy

    1.57 miles

  • Divine Blessings Childcare Ministry

    2.14 miles

  • Charity Church Child Care Center

    2.15 miles

  • Dena's Day Care Center, INC

    2.78 miles

  • Kidscape Learning Center

    3.79 miles

  • Sunrise Christian Academy Daycare and Preschool

    3.93 miles

  • St. Mary's Child Center

    4.12 miles

  • KinderCare

    4.28 miles

  • Alphabet Angels CCM

    5.13 miles

Frequently Asked Questions

How much does Speedway Office cost?

The space currently listed for sale at Speedway Office asks for $950,000.

What is the total square footage of Speedway Office?

Speedway Office totals 4,813 square feet.

When was this property built?

Speedway Office was built in 1970.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Dan O'Neil

Berkshire Hathaway HomeServices of America