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29 E Washington St 15,090 SF Retail Building Shelbyville, IN 46176 $1,175,000 ($77.87/SF)
Investment Highlights
- Three covered drive-thru lanes provide versatility for service-oriented businesses or alternate uses.
- Highly visible downtown location with frontage on Washington Street in Shelbyville’s central retail corridor.
- Two-story structure comprising retail and office-friendly layouts supported by a finished basement space.
- Situated near restaurants, amenities, and government offices within a walkable business district.
Executive Summary
• Great Location with High Visibility and Access from Washington Street on the Main Public Square
• 15,166 SF 2-Story Building (Including 5,077 SF of mostly finished basement) on 0.606 AC
• 3 Drive-Thru Lanes under a Canopy
• Potential Income from Drive-Thru ATM Lease
• 5-Year Deed Restriction Against any Bank or Credit Union Use
• New Pricing: $1,175,000
• 15,166 SF 2-Story Building (Including 5,077 SF of mostly finished basement) on 0.606 AC
• 3 Drive-Thru Lanes under a Canopy
• Potential Income from Drive-Thru ATM Lease
• 5-Year Deed Restriction Against any Bank or Credit Union Use
• New Pricing: $1,175,000
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
15,090 SF
Building Class
B
Year Built
1975
Price
$1,175,000
Price Per SF
$77.87
Tenancy
Single
Building Height
2 Stories
Building FAR
0.58
Lot Size
0.60 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Frontage
264’ on Washington St
Moderately walkable
70/100
Moderately drivable
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 73-11-05-100-287.000-002 | Improvements Assessment | $1,018,400 (2025) |
| Land Assessment | $96,100 (2025) | Total Assessment | $1,114,500 (2025) |
Property Taxes
Parcel Number
73-11-05-100-287.000-002
Land Assessment
$96,100 (2025)
Improvements Assessment
$1,018,400 (2025)
Total Assessment
$1,114,500 (2025)
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Contact the Sale Advisor
29 E Washington St