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    212 1St St Shirley, IN 47384

    For Sale
    $110,000

    Versatile Quonset Building, .43 Acres

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional commercial property, located at 212 First Street in Shirley, Indiana, presents a unique investment opportunity. The 2400 square foot building, constructed in a Quonset style, sits on a sizable 0.43-acre lot, offering ample space for a variety of commercial uses. Currently configured as a church, the interior features a large sanctuary, perfect for open-plan layouts or adaptable to various business needs. In addition to the main sanctuary, the property includes a dedicated office space, a convenient storeroom for inventory or supplies, and two bathrooms for user comfort. A stairway provides access to an attic area, offering additional storage potential or the possibility of future expansion. The property's versatile design and generous lot size make it ideal for a wide range of commercial ventures, from retail and office spaces to light industrial uses or even a potential redevelopment project. The asking price of $110,000 represents a compelling value for a property of this size and potential in a desirable location. The property's existing infrastructure provides a solid foundation for immediate occupancy or future renovations, making it an attractive option for both established businesses and aspiring entrepreneurs. Its location in Shirley, Indiana, offers easy access to local amenities and transportation routes. This is a rare opportunity to acquire a substantial commercial property with significant upside potential. Serious inquiries are encouraged.

    Property Features for 212 1St St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    18,731 SF

    Building Details

    Year Built
    1992
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Henry
    State
    Indiana
    Longitude
    -85.57507
    Latitude
    39.8904

    Nearby Comparable

    • $198,900
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      Shirley Main Street Retail Space

      High-Visibility Commercial Property, 9,768 sq ft
      323 Main St, Shirley, IN 47384
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    • $650,000

      Multifamily Investment Opportunity in Shirley

      Partially renovated multifamily property with immediate income-generating potential in Shirley.
      100 Lee St, Shirley, IN 47384
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    Nearby Similar for Sale

    • $650,000

      Multifamily Investment Opportunity in Shirley

      Partially renovated multifamily property with immediate income-generating potential in Shirley.
      100 Lee St, Shirley, IN 47384
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    • $198,900
      9,768 SF

      Shirley Main Street Retail Space

      High-Visibility Commercial Property, 9,768 sq ft
      323 Main St, Shirley, IN 47384
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Versatile Quonset Building, .43 Acres
    Where is this commercial real estate located?
    The property is located at 212 1St St Shirley, IN.
    What is the asking price?
    The asking price for this property is $110,000.
    (765) 529-2211
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    212 1St 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
    212 1St St Shirley, IN 47384
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