# 5202 E Thompson Road, Indianapolis, IN 46237

> **TL;DR:** commercial, $535,000 ($97/sqft), 5,500 sqft. Est. $2,318/mo. Listed 11 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $535,000 |
| Price/sqft | $97 |
| Square Feet | 5,500 |
| Lot Size | 178,596 sqft (4.10 acres) |
| Property Type | Commercial (Business) |
| Status | For Sale |
| Days on Market | 11 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,318 |
| **Total** | **$2,318** |

## Property Highlights

- 4.10 acre lot

## Description

### Agent Description
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

- **Address:** 5202 E Thompson Road, Indianapolis, IN 46237
- **County:** Marion
- **Coordinates:** 39.695597, -86.079982
- **Google Maps:** https://www.google.com/maps?q=39.695597,-86.079982

## Listing Agent

- **Name:** Wayez Mall
- **Brokerage:** Compass Indiana, LLC
- **Phone:** 3176178289
- **Email:** wayez.mall@compass.com

## Primary Photo

![5202 E Thompson Road - Primary Photo](http://lh.rdcpix.com/760c48688e30b5873ba8276ae4ea3ff7l-f172653080r.jpg)

*53 total photos available on [listing page](https://www.propertysimple.com/listing/5202-e-thompson-road-indianapolis-in-46237-22092232)*

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**MLS#:** 22092232 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/5202-e-thompson-road-indianapolis-in-46237-22092232)

---

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