Shoals, IN Commercial Real Estate for Sale

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Two-Access Office Building
Updated: Aug 11
Two-Access Office Building

22 Elm St, Shoals, IN 47581

$195,000
1,800 sqft
1984 office building with main‑level reception, conference room, two restrooms, and 8 offices
Basement includes additional offices, storage, and 2 walk‑out doors
Access from 2 roads, including basement entry from Oak Street
Existing layout includes office, meeting, restroom, and storage areas
Apartment conversion is identified as a potential repositioning concept
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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 1 Active listings in Shoals, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Car Wash Building
Car Wash Building

8179 W State Road 56, West Baden Springs, IN 47469

$110,000
320 sqft

Commercial building associated with a former car wash use in the downtown business district.

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Lots & Lands / Agricultural Land
Lots & Lands / Agricultural Land

231 Highway 231, Loogootee, IN 47553

$312,500
606,312 sqft

Agricultural land / Farmland · 606,312 SF

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Farmhouse with Pole Barn
Farmhouse with Pole Barn

11261 E 550 N, Loogootee, IN 47553

Contact for pricing
8.00 AC lot

Farm property with a 5-bedroom, 2-bath farmhouse, livestock barns, a fenced livestock area, pond, and a 54' x 88' pole barn.

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Commercial Car Wash Building
Commercial Car Wash Building

8179 W State Road 56, West Baden Springs, IN 47469

$110,000
0.11 AC lot

Concrete flooring and an asphalt roof remain in place within this commercial structure.

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Off-Market Properties in Shoals, IN

Consider similar Off-Market properties in Shoals, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

State Rd 450
PARKING LOT

State Rd 450, Shoals, IN 47581

$260,000
Estimated value
0.33 AC lot
View details
State Rd 450
COMMERCIAL (GENERAL)

State Rd 450, Shoals, IN 47581

$225,000
Estimated value
2,736 sqft 1.00 AC lot
View details
228 Main St
RESTAURANT

228 Main St, Shoals, IN 47581

$260,000
Estimated value
3,120 sqft 0.06 AC lot
View details
314 Main St
RETAIL STORES (PERSONAL SERVICES)

314 Main St, Shoals, IN 47581-5507

$285,000
Estimated value
3,072 sqft 0.17 AC lot
View details
14370 Riv Rd
CHARITABLE ORGANIZATION

14370 Riv Rd, Shoals, IN 47581-7203

$265,000
Estimated value
12.52 AC lot
View details
218 Main St
RETAIL STORES (PERSONAL SERVICES)

218 Main St, Shoals, IN 47581

$100,000
Estimated value
1,140 sqft 0.06 AC lot
View details
4th St At Water St
RETAIL STORES (PERSONAL SERVICES)

4th St At Water St, Shoals, IN 47581

$475,000
Estimated value
10,450 sqft 0.08 AC lot
View details
401 4th St
COMMERCIAL (GENERAL)

401 4th St, Shoals, IN 47581

$185,000
Estimated value
1,983 sqft 0.08 AC lot
View details
125 Water St, Unit 127
OFFICE (GENERAL)

125 Water St, Shoals, IN 47581

Unit 127
$500,000
Estimated value
3,136 sqft 0.19 AC lot
View details
201 Main St
FINANCIAL BUILDING

201 Main St, Shoals, IN 47581-5506

$380,000
Estimated value
4,838 sqft 0.17 AC lot
View details
6515 Us Hwy 50
COMMERCIAL (GENERAL)

6515 Us Hwy 50, Shoals, IN 47581

$80,000
Estimated value
1,376 sqft 0.12 AC lot
View details
Us Hwy 150
VACANT COMMERCIAL LAND

Us Hwy 150, Shoals, IN 47581

$245,000
Estimated value
0.08 AC lot
View details
2nd St
VACANT COMMERCIAL LAND

2nd St, Shoals, IN 47581

$230,000
Estimated value
0.33 AC lot
View details
2nd St
VACANT COMMERCIAL LAND

2nd St, Shoals, IN 47581

$240,000
Estimated value
0.18 AC lot
View details
2nd St
VACANT COMMERCIAL LAND

2nd St, Shoals, IN 47581

$240,000
Estimated value
0.17 AC lot
View details
Us Hwy 150th At 2nd St St
VACANT COMMERCIAL LAND

Us Hwy 150th At 2nd St St, Shoals, IN 47581

$240,000
Estimated value
0.33 AC lot
View details
232 Main St
COMMERCIAL (GENERAL)

232 Main St, Shoals, IN 47581

$255,000
Estimated value
4,000 sqft 0.06 AC lot
View details
232 Main St
RETAIL STORES (PERSONAL SERVICES)

232 Main St, Shoals, IN 47581

$250,000
Estimated value
2,280 sqft 0.06 AC lot
View details
State Rd 150th Sherfick School Rd Rd
INDUSTRIAL (GENERAL)

State Rd 150th Sherfick School Rd Rd, Shoals, IN 47581

$245,000
Estimated value
4.54 AC lot
View details
7910 Coal Holw Rd
MANUFACTURING (LIGHT)

7910 Coal Holw Rd, Shoals, IN 47581-7334

$540,000
Estimated value
12,958 sqft 7.86 AC lot
View details
431 High St
FUNERAL HOME

431 High St, Shoals, IN 47581

$275,000
Estimated value
7,053 sqft 0.17 AC lot
View details
10239 Red School Rd
PARKING GARAGE, PARKING STRUCTURE

10239 Red School Rd, Shoals, IN 47581

$125,000
Estimated value
4,480 sqft 2.48 AC lot
View details
7899 Us Hwy 50
RETAIL STORES (PERSONAL SERVICES)

7899 Us Hwy 50, Shoals, IN 47581-2277

$1,540,000
Estimated value
9,346 sqft 1.68 AC lot
View details

Shoals, IN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Shoals, IN on our real estate platform. These investment opportunities span a total of 1,800 square feet of properties for sale, with an estimated market value of $195,000.

Sale prices for business properties in Shoals, IN average $195,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 2,828
Population Growth (5Y) -26.6%
Median Household Income $56,864
College Educated 17.1%

High-Yield Neighborhoods for Investment

Identify Shoals submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
47581 $195K

Taxes & Financing

Tax Rate (average for all types) 1.78%
Property Tax per SF $34.22 per SF
Tax Rate vs County Average 0.17 pp above county avg
Average Loan-to-Value 65.0%

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