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    125 W Washington St Shelbyville, IN 46176

    New
    For Sale
    $250,000

    Mixed Use - Shelbyville, IN

    Type:Mixed Use
    Property size:
    4,500 SF
    Lot size:
    0.22 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 14 at 2:06 pm

    Property Features for 125 W Washington St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    Residential
    APN
    731105100017000002
    Size
    4,500 SF
    Lot size
    0.22 Acres

    Building Details

    Architectural style
    Other

    Re/Max Realty Group (317) 462-5533 [email protected]

    Listing agent Michelle Collings (317) 462-5533 License #RB14045892

    Listing date Dec 13, 2025

    MLS# 22076789 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Shelbyville Mixed-Use Restoration Opportunity

    This mixed-use property in Shelbyville, Indiana, presents an investor opportunity to restore a building located near parks, schools, shopping, and downtown amenities. The 4,500 square foot building is situated on a 0.22-acre lot and is zoned for residential use. The property offers potential for rental units, a single-family residence, office space, or mixed-use development.
    Property Profile Location Intelligence

    Current Use by Public Records

    United Steelworkers Labor Union GMP Local 32 Labor Union

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shelbyville
    County
    Shelby
    State
    Indiana
    Longitude
    -85.780098
    Latitude
    39.52418

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property near parks, schools, and downtown Shelbyville.
    Where is this mixed-use property located?
    The property is located at 125 W Washington St Shelbyville, IN.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Excellent potential for rental units, single-family residence, office space, or mixed-use opportunities.; - Ideally located near parks, schools, shopping, and downtown amenities.; - Investor Special: Restore this beautiful building to its original glow.
    (317) 462-5533
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    125 W Washington St Shelbyville, IN 46176
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    Shelbyville, IN 46176
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    125 W Washington St Shelbyville, IN 46176
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