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12 W Mill St 5,060 SF 100% Leased Retail Building Shelburn, IN 47879 $97,900 ($19.35/SF)
Investment Highlights
- Paved onsite parking and street parking
- City Water & City Sewer
Executive Summary
The historic Shelburn bank building located right in the heart of town across for the Taco Tequilas Mexican restaurant, Post Office, Community building, and Police Station, which is waiting for you to come & turn it into the property of your dreams. With over 5,000 square feet, it can accommodate many of businesses, but it would make a fantastic apartment building, bar, or possibly a home based business with living quarters such as hair, accounting, law, etc. The town owns all parking around the building, so parking should not be a problem, there is currently covered parking under the canopy that is attached to this building. There are 2 original vaults inside the building that could be utilized. This is a very cool building with so much potential. New roofing in 2025! Sorry, no contract sales.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,060 SF
Building Class
C
Year Built
1950
Price
$97,900
Price Per SF
$19.35
Percent Leased
100%
Building Height
2 Stories
Building FAR
2.32
Lot Size
0.05 AC
Frontage
30’ on Mill Street
Amenities
- Drive Thru
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
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12 W Mill St
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