Improved Commercial Land for Sale in Indianapolis, Indiana
5202 E Thompson Rd, Indianapolis, IN 46237
Turnkey business opportunity to acquire two renovated operations being sold together in a high-traffic Indianapolis location: Thompson Laundry + Smoke Shop at 5202 E Thompson Rd (Suites 188 & 190). Sale includes business and equipment only (no real estate). Both suites have been renovated within the last 2.5 years. The laundromat features an excellent equipment package with 29 washers and 26 dryers, plus 9 additional used washers included in the sale. The smoke shop is included as part of the package, creating additional retail synergy and customer traffic. Thompson Laundry was recognized as a Business Rate "Top 5 of 2025 Indianapolis Awards Winner" in the laundromat category based on verified Google reviews. Great opportunity for an owner-operator or investor seeking a stabilized, proven operation with upside.
Location
- Street address
- 5202 E Thompson Rd
- County
- Marion County
- Community
- Marion - Franklin
- School district
- Franklin Township Com SCH Corp
- Elevation
- 836 feet
Directions
Take Emerson Ave south from I-465 to Thompson Rd. Then go east on Thompson Rd to Thompson Commons.
Property details
- Acreage
- 4.1 acres
- Zoning
- Retail
- MLS #
- MIBOR 22092232
- Posted
Parcels
- 491034133005000300
Legal description
Laundromat & Smoke shop the Strip mall.
Details and features
Listing
- Type
- Commercial Sale
- Subtype
- Business
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 31, 2026 | New listing | $535,000 | — | MIBOR |