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Office Building with Interstate Visibility
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2186 N Sherman Dr, Indianapolis, IN 46218

Office property with exterior signage opportunities and access to I-70 visibility.

Property Size80,480 SF
Price / SF$43.49
Days on Market195

Property Features for 2186 N Sherman Dr

General Information

Standard status Active
Size 80,480 SF
Property subtype Office, Special Purpose

Additional Details

Highway Access Yes

Building Details

Year Built 1913
Buildings 3
Stories 2
Listing Agency: Colliers - Indianapolis, Indiana
Listed By: Nick Trimpe · License #RB14035822
Source: Crexi
Added: Feb 18 Changed: Aug 31 Last Checked: Aug 31 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Indianapolis, Indiana

Investment Insights

Based on property information with market context.

This office building contains 80,480 square feet and was constructed in 1913. The property offers exterior signage possibilities and is positioned for visibility from I-70.

Located at 2186 N Sherman Dr in Indianapolis, the building sits in the southwest quadrant of Massachusetts Avenue and Sherman Drive within the Martindale Brightwood Neighborhood.

Key Highlights

  • 80,480‑square‑foot office building
  • Constructed in 1913
  • Interstate visibility via I‑70

Property Analytics

Current Use

Martin University Hardin ... Theater & Performing Art Venue Bike Parking Bicycle Rack Martin University University

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Dental Office Big Box & Wholesale Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

240
Businesses Nearby

Demographics for 46218, IN

30,400
Population
15,343
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
80%
High-School Grad
9.5 sq mi
ZIP Area
3,200
Density / Sq Mi
$34,635
Median Household Income
$29,745
Median Earnings
$1,056
Median Rent
$90,200
Median Home Value

Market

Vacancy Rate% for Office in Indianapolis, IN

17.4% 2019
17.8% 2020
19.1% 2021
19.3% 2022
22.2% 2023
22.8% 2024
21.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office property with exterior signage opportunities and access to I-70 visibility.
Where is this office building located?
The property is located at 2186 N Sherman Dr Indianapolis, IN.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 80,480‑square‑foot office building; Constructed in 1913; Interstate visibility via I‑70
(317) 713-2151 Call to check price and availability
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