Speedway, IN 46224,5211 W 10th ST
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Speedway, IN 46224,5211 W 10th ST
Speedway, IN 46224,5211 W 10th ST
Speedway, IN 46224,5211 W 10th ST
Speedway, IN 46224,5211 W 10th ST
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Kade Koch

Kade Koch

+1(317) 697-7953
Listed by Keith Turnbill • RE/MAX Advanced Realty
$ 2,199,000
Est. payment /mo
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Active

5211 W 10th ST Speedway, IN 46224

5,497 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,497 sqft

Price per Sqft $400

MLS Listing ID 22053576

Year Built 1960

Tax Year 2024

Lot Size 2.650 Acres

Acres 2.65

Property Sub-Type Retail

Property 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.

Location

State IN

County Marion

Zoning I2

Interior

Fireplace N

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Building

New Construction false

Schools

School District School Town Of Speedway

MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Arthur C. Newby Elementary School

    Public | KG - 6

  • 6

    Frank H. Wheeler Elementary School

    Public | KG - 6

  • 6

    Carl G. Fisher Elementary School

    Public | KG - 6

  • 5

    James A. Allison Elementary School

    Public | KG - 6

  • 5

    Ernie Pyle School 90

    Public | PK - 6

  • 4

    Chapelwood Elementary School

    Public | KG - 6

  • 4

    McClelland Elementary School

    Public | PK - 6

  • 4

    Rhoades Elementary School

    Public | PK - 6

  • 4

    Carl Wilde School 79

    Public | KG - 6

  • 4

    Indiana Math & Science Academy

    Public | KG - 12

  • 3

    Lew Wallace School 107

    Public | PK - 6

  • 3

    Meredith Nicholson School 96

    Public | KG - 6

  • 3

    Maplewood Elementary School

    Public | PK - 6

  • 3

    Garden City Elementary School

    Public | PK - 6

  • 2

    Imagine Ind Life Science West

    Public | KG - 8

  • 1

    North Wayne Elementary School

    Public | KG - 6

  • 1

    Westlake Elementary School

    Public | KG - 6

  • 1

    Clarence Farrington School 61

    Public | KG - 6

  • 1

    Stephen Collins Foster School 67

    Public | KG - 6

  • 0

    Chapel Hill Christian School

    Private | PK - 3

Middle Schools 5
  • 10

    Speedway Junior High School

    Public | 7 - 8

  • 4

    Chapel Hill 7th & 8th Grade Center

    Public | 7 - 8

  • 0

    Northwest Community Jr High School

    Public | 7 - 8

  • 0

    Cardinal Ritter High School

    Private | 7 - 12

  • 0

    Basic Preparatory Academy

    Private | 7 - 12

High Schools 8
  • 10

    Speedway High School

    Public | 9 - 12

  • 4

    Ben Davis University High School

    Public | 10 - 12

  • 2

    Ben Davis High School

    Public | 10 - 12

  • 1

    Northwest Community High School

    Public | 9 - 12

  • 0

    Covenant Christian High School

    Private | 9 - 12

  • 0

    Ben Davis Ninth Grade Center

    Public | 9 - 9

  • 0

    Achieve Virtual Education Academy

    Public | 9 - 12

  • 0

    Gambold Preparatory Magnet High School

    Public | 9 - 10

School and business data provided by Attom Data.
Kade Koch

Kade Koch

Broker Associate

+1(317) 697-7953

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5211 W 10th ST