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    323 Main St Shirley, IN 47384

    For Sale
    $198,900

    High-Visibility Commercial Property, 9,768 sq ft

    Property size:
    9,768 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial property, situated at 323 Main Street in Shirley, Indiana, presents a rare opportunity for businesses seeking a prime location. Boasting nearly 10,000 square feet of space on a 0.44-acre lot, this retail building offers unparalleled visibility and accessibility. Its Main Street address ensures high traffic volume and excellent exposure to potential customers. The property is equipped with all municipal utilities, simplifying operations and reducing setup costs. The flexible zoning allows for a variety of commercial uses, including office spaces, food establishments, and light industrial operations. A detailed list of approved zoning uses is available upon request. The building is ready for immediate occupancy, allowing for a swift and efficient transition for new tenants. This adaptable space is perfect for businesses looking to establish a strong presence in a thriving commercial neighborhood. Its size and location make it an ideal investment for entrepreneurs and established companies alike. Don't miss this chance to secure a prominent commercial space in a desirable Indiana town. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 323 Main St

    General Information

    Property type
    Retail properties
    Square Feet
    9,768 SF
    Lot Size
    19,166 SF

    Building Details

    Year Built
    1900
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon Department Store Bar & Pub Wine and Liquor Store Italian Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Shirley
    County
    Hancock
    State
    Indiana
    Longitude
    -85.57688
    Latitude
    39.89187

    Nearby Similar for Sale

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    • $110,000
      0.43 Acres

      Shirley Commercial Building - Great Potential

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    FAQs

    What type of property is this?
    Retail property - High-Visibility Commercial Property, 9,768 sq ft
    Where is this retail property located?
    The property is located at 323 Main St Shirley, IN.
    What is the asking price?
    The asking price for this property is $198,900.
    (317) 462-5533
    Request Owner's contact information
    323 Main St Shirley, IN 47384
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    Shirley, IN 47384
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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
    323 Main St Shirley, IN 47384
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