323 Main StShirley, IN 47384

  • Retail space
  • 9,768 SF
For Sale
$198,900 View listing

Property Details for 323 Main St

Year built
1900
Construction
WOOD
Lot size
0.32 AC
Property size (Sq ft)
9,768 SF
Property type
Retail space
APN
30-04-26-403-008.001-004
APU
300426403008001004

Description

This exceptional commercial property, situated at 323 Main Street in Shirley, Indiana, presents a rare opportunity for businesses seeking a prime location. Boasting nearly 10,000 square feet of space on a 0.44-acre lot, this retail building offers unparalleled visibility and accessibility. Its Main Street address ensures high traffic volume and excellent exposure to potential customers. The property is equipped with all municipal utilities, simplifying operations and reducing setup costs. The flexible zoning allows for a variety of commercial uses, including office spaces, food establishments, and light industrial operations. A detailed list of approved zoning uses is available upon request. The building is ready for immediate occupancy, allowing for a swift and efficient transition for new tenants. This adaptable space is perfect for businesses looking to establish a strong presence in a thriving commercial neighborhood. Its size and location make it an ideal investment for entrepreneurs and established companies alike. Don't miss this chance to secure a prominent commercial space in a desirable Indiana town. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,791,441
    6.5%
    $1,653,638
    7%
    $1,535,521
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,056,982
    Geo Method
    $3,056,982
  • Alternative Use

    Use
    Valuation
    Residential
    $1,394,906
    Hospitality
    $1,277,726
    Educational
    $1,063,053
    Medical
    $1,099,613
    Retail
    $1,653,638

Location Insight

City
Shirley
County
Hancock
State
Indiana
Latitude
39.8918
Longitude
-85.5769
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,692
$23,400
$47,300
$70,700
-
$23,400
$47,300
$70,700

FAQs

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