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$100,000

1040 S Sherman Drive
Indianapolis, Indiana 46203

Closed / MLS #21194346 / Commercial / Mixed Use / Christian Park - Indianapolis
Listing information updated 5/1/2025 at 2:15pm
This has been a successful bar/pub for over 60 years. Currently a banquet/reception hall with positive cash flow. Building has excellent visibility on Sherman with lighted pylon sign. Other features include 2 year old furnaces, 7 year old condensor, new paint, large rear lot for expansion or parking, 1/2 new rubber roof in 2004, new sealant on parking lot, 2 garage doors, walk in cooler, etc. Restaurant, bar, auto use, church. MOVE-IN READY! **contract possible**
Lot Size:
0.92 Acres
Acreage:
0.92
Built:
1960
Current Use:
CommSglTen
Potential Use:
AutoMisc, Place of Worship, CommSglTen, Restaurant
Zoning:
C-5
Additional Information:
turnbillk@gmail.com
Tax Amount:
N/A
Tax Year:
2011
Zip Code:
46203
City:
Indianapolis
County:
Marion

Listing Office: RE/MAX Advanced Realty

Agent Contact Information: turnbillk@gmail.com

Disclaimer: The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 5/1/2025 at 2:15pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$141,715
Average Sale Price
47
Average Days On The Market
90%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 1040 S Sherman Drive, Indianapolis, IN 46203

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1040 S Sherman Drive, Indianapolis, IN 46203 is a commercial / mixed use which sold for $100,000. This commercial / mixed use has been listed on @properties IND since August 29th, 2012 and was built in 1960.