Skip to content

3040 N Sherman Drive

Indianapolis, IN 46218

ActiveListed Oct 21, 2026 · 2 days on market

Key facts

Living area
2,094 sqft
Lot
0.15 acres
Type
Commercial Sale · Retail
MLS #
22132309
County
Marion
Total building area
2,094 sqft

About this home

Now is the time to bring your Manifestations into Reality and start the Business you have been thinking about! This space has so many options. Your main focus will be on cosmetics to bring your Vision to Life. Currently used as a Barbershop and Hair Salon, but there are so many other things that would go well in the space. The property has two entrances, so if you need separation, you have it. Large two story storage room in the back with a rear entrance garage door. Turn around drive in the back, if you need to be able to accept deliveries. Plenty of Parking in the lot. Two Bathrooms already in place. Brightwood Park has experienced a lot of change in the last few years including a brand new Fire Station and Library. Down the street from Washington Park. Many of the homes in the area have been rehabbed. Your NEW business would be the perfect addition. Dog Grooming, Daycare, Office Space, etc. Roof was recently re-coated. Water Heater replaced in 2023.

Description provided by the listing brokerage.

Interior

Security
Closed Circuit Camera(s)Fire Alarm

Exterior

Roof
Rubber
Parking and garage
Guest

Systems

Heating
Forced Air
Cooling
Window Unit(s)
Utilities
Electricity ConnectedNatural Gas AvailableSewer ConnectedWater Connected

Lot and HOA

Zoning
C3 D5

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$1,290 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,374per month, estimated
Principal and interest $1,185Property tax $108Insurance $82
20% · $47,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

Talk to a lender we trust
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$235,000
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.