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About This Home

This 0-bedroom, 0-bathroom commercial at 12 S Harrison Street in Shelbyville, IN is listed for $574,900 ($83 per sqft). Built in 1900, the home offers 6,960 sqft of living space on a 0.06 acres lot.

Agent Description

Prime investment opportunity in the heart of Downtown Shelbyville! Be a part of Shelbyville's Next Door Next Level post revitalization downtown. This offering includes two parcels with three fully leased storefronts along the revitalized brick streetscape, generating over $50,000 in annual income.

The property also features 4,000+ sq ft of partially finished residential space on the second floor, offering outstanding value-add potential for lofts, short-term rentals, or office/studio conversions. High visibility, strong foot traffic, stable tenants, and flexible downtown commercial zoning make not only an easy decision to pull the trigger on

if you're itching for a deal, but also a fairly rare opportunity for investors seeking income today with great and substantial upside tomorrow. ------Traffic count 25,000 per 2024 INDOT. High downtown event visibility for active and eventful downtown.

Active events at this property's doorstep: Taste of Shelby County, Mistletoe Market (Holiday vendor market), Music in the Park (seasonal live music), Holiday / Christmas Parade & Downtown Festivities ,Snowman Contest & Winter Activities, Movies in the Park / Downtown Movie Nights, Shelby County Farmers Market (near downtown corridor), First Friday

or Special Downtown Shopping Events (Mainstreet Shelbyville promotions), Fall & Harvest-Themed Events, Downtown Trick-or-Treating / Halloween Activities, Small Business Saturday Events, Fourth of July & Summer Festival Activities (downtown-adjacent)

Key Features

  • Built in 1900
  • 0.06 acre lot

Property Details

#12-16, 18
1900

Amenities

View

Monthly Cost Estimate

$3,075/mo

20% down · 6.5% · 30 years

Principal$416
Interest$2,491
Insurance$168

Estimates only. Actual payments may vary.

Location

12 S Harrison Street

Shelbyville, IN 46176

Property Details

Views

City

Parking

On Street

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 12 S Harrison Street is listed at $574,900 ($83/sqft). The estimated monthly payment is $2,491 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.06 acre lot.

This property is listed by Justin Polston and can be reached at 3173641106 or JPOLSTON@MACKENZIEALLENREALESTATE.COM.

JP

Justin Polston

Agent at Mackenzie Allen, Polston & Ass

(317) 364-1106

Listed by Mackenzie Allen, Polston & Ass · View on Broker Site

MLS# 22074405· Source: listhub· Updated 194 days ago

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12 S Harrison Street, Shelbyville, IN 46176

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