$2,199,000
For Sale

5211 W 10th Street

Speedway, IN 46224
5497 sqft | 2.65 acres | #22053576
Listing OfficeRE/MAX Advanced Realty
Browse 28 photos
Type:Purchase
Structure:Retail
Zone:Commercial

Description

Welcome to the heart of Speedway - where small-town charm meets world-famous racing heritage! Nestled just steps from the iconic Indianapolis Motor Speedway and the beloved MugnBun Drive-In, this property offers the rare blend of historic character, walkability, and cultural richness that defines Speedway living. Enjoy the aroma of fresh root beer floats and hand-breaded tenderloins drifting through your windows during race season, and be part of a tight-knit community that celebrates both tradition and progress. Whether you're a homebuyer seeking timeless Midwestern charm or an investor looking to tap into one of Indy's most unique neighborhoods, this is your chance to own a piece of the trackside legacy. Highlights include: -Prime location - walk to Mug-n-Bun, IMS, & Main Street -Easy access to downtown Indy & I465 -Steps from parades, festivals, and race-day excitement -Own property in one of Indiana's most culturally rich zip codes This is your rare opportunity to own a booming, iconic restaurant business on nearly 2.50 acres in the heart of Speedway. The legendary Mug-N-Bun Drive-In has been a local institution for decades, known for its loyal customer base, timeless menu, and proven track record of solid income. The offering includes four parcels of land, featuring: -A classic drive-up restaurant -A sit-down dining facility -A fully equipped pizza shop -An on-site residence for owner-occupancy or rental potential This is a turnkey acquisition: the purchase includes the real estate, established business, all furniture, fixtures, and equipment - everything needed to continue or expand this iconic operation. Located just minutes from the Indianapolis Motor Speedway, this property is perfectly positioned to benefit from race-day crowds, neighborhood traffic, and the vibrant culture of Speedway. Whether you're an experienced restaurateur or an investor looking for a high-visibility, income-generating asset - this could be the one.

  • Property Details
      • Utility FeaturesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
      • School DistrictSchool Town of Speedway
      • Original List Price$2,199,000
      • Property TypePurchase
      • MLS #22053576
      • MLS #22053576
      • Cost2199000
      • CountyMarion
      • Property SubtypeRetail
      • Acres2.65
      • Square Feet5497
      • Year Built1960

Location

Chad Everts | E-Rocks Real EstateReal Estate Group
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