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The property sits on N Sherman Drive, a north-south commercial corridor through Indianapolis's near east side, about 4 miles from downtown. Current window tinting business paying $2,500 per month (NNN). 2 bedroom house at rear, currently vacant, rented in the past $1,200 per month. The Martindale-Brightwood area is seeing its largest proposed investment in decades. Proposed Metrobloks, data center campus at 2505 N Sherman Dr, the former Sherman Drive-In site. Local media report the project at $500 million. According to Metrobloks, the 15.5-acre campus will include two buildings and four data halls, about 154,000 SF of data center space, and 71.4 MW of critical... IT capacity, served by a 100 MW power supply next to a 138kV substation. Metrobloks has also announced a $2.5 million commitment to affordable housing and street, park and infrastructure improvements in the neighborhood. Construction crews, contractors and technical staff coming to the corridor create demand for service, retail and auto-oriented users. A C-4 corner with three-sided access is well placed to serve them. Not Allowed uses per rezoning commitments: Motel, Vocational/techinical training facility, adult entertainment, adult entertainment retail, indoor spectator venue, night club/cabaret, firearm sales, liquor store, auto fueling station Permitted per Municode Codification (Marion County IN) Chapter 743 Table: single family detached, two family dwelling, triplex or fourplex, single family attached dwellings, multifamily dwellings 5+, Live/work unit, group home, retail, restaurants, offices, auto sales, banks, salons, dry cleaners, fitness, auto, tire and parts sales, car wash, convenience retail (without fuel sales), day care and child care, veterinary clinic / pet services, contractor or showroom type commercial uses

MIBOR REALTOR® Association, MLS#: 22136208
Listed By: Ellsbury Group, David Orton

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Parking Features

  • Common

Road Frontage Type

  • City Street

Road Surface Type

  • Asphalt

Roof

  • Mixed

Utilities

  • Electricity Connected
  • Water Connected
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Listed By:
Ellsbury Group
David Orton

Data Source: MIBOR REALTOR® Association

MLS#: 22136208

Data Source Copyright: © 2026 MIBOR REALTOR® Association All rights reserved.

© 2026 Provided by MIBOR REALTOR® Association

This property was listed on 11/12/2026 and last updated as of 11/12/2026 10:17:07 PM. OSI IDX updated the data from MIBOR REALTOR® Association on 11/14/2026 at 7:13 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.