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Brick Office Building with Rentals
For Lease
$319,000

10 Taylor Street, Shelbyville, IN 46176

Commercial and residential zoning support office use alongside two rental units in a professional brick building.

Space SizeContact for details
Days on Market50

Property Features for 10 Taylor Street

General Information

Standard status Active
Property subtype Commercial
Zoning commercial, residential

Additional Details

Space Use Office

Building Details

Stories 1
Construction brick
Listing Agency: Bif Ward Real Estate Group
Listed By: Bif Ward
Source: Bifward
Added: Sep 5 Changed: Oct 14 Last Checked: Oct 23 at 3:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bif Ward Real Estate Group

Rey
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Investment Insights

Based on property information with market context.

This brick office property combines professional office space with two rental units. One unit is vacant after having been rented to the same occupant for years, while the second is leased. The office areas can be toured during business hours, and at least 24 hours’ notice is required to show the occupied rental unit.

The property is located at 10 Taylor Street in Shelbyville, Indiana, and is zoned for commercial and residential uses. The owner will require a period of possession to relocate to a new location.

Key Highlights

  • Brick office building with professional office space
  • Includes 2 rental units
  • 1 rental unit is currently vacant

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Kramer Law Offices Law Firm

Suggested Use

Top Pick Parking Lot & Garage Barber Shop Restaurant (Bike/Boat/Book/etc) Store Bakery Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

810
Businesses Nearby

Demographics for 46176, IN

28,401
Population
12,724
Households
2.2
Avg Household Size
40
Median Age
19%
College-Educated
90%
High-School Grad
169.5 sq mi
ZIP Area
168
Density / Sq Mi
$66,045
Median Household Income
$40,330
Median Earnings
$962
Median Rent
$172,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - Commercial and residential zoning support office use alongside two rental units in a professional brick building.
Where is this office building located?
The property is located at 10 Taylor Street Shelbyville, IN.
What is the lease rate?
The lease rate is $319,000.
What are key features of this property?
This property features: Brick office building with professional office space; Includes 2 rental units; 1 rental unit is currently vacant
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