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    925 Virginia St Shelbyville, IN 46176

    For Sale
    $499,900

    Prime Shelbyville location, updated building, great parking.

    Property size:
    4,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 4,500 square foot mixed-use property is situated on a 0.14-acre lot at 925 Virginia Street in Shelbyville, Indiana, conveniently located near State Road 44 off Miller. The building has undergone significant recent renovations, boasting fresh paint throughout, brand new windows and doors, a completely new roof, and durable epoxy flooring. Modernizations also include a recently updated half bathroom and new light fixtures, enhancing both functionality and aesthetics. The interior layout is well-suited for a variety of service-based businesses, such as HVAC, plumbing, or electrical companies. The property includes ample indoor parking for six vehicles, a dedicated small office area, providing a comfortable workspace, and a convenient half bath for staff and clients. This turnkey opportunity presents a rare chance to acquire a meticulously maintained commercial space in a desirable Shelbyville location. The combination of recent upgrades, convenient access, and ample parking makes this property an ideal investment for a discerning business owner seeking a move-in ready space. Don't miss this chance to establish your business in this well-maintained and updated building. The asking price is $499,900.

    Property Features for 925 Virginia St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    4,500 SF
    Lot Size
    6,098 SF

    Building Details

    Year Built
    1952
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    RIVERA BOXING CLUB Physical Fitness Program

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Shelbyville
    County
    Shelby
    State
    Indiana
    Longitude
    -85.79028
    Latitude
    39.51439

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Shelbyville location, updated building, great parking.
    Where is this mixed-use property located?
    The property is located at 925 Virginia St Shelbyville, IN.
    What is the asking price?
    The asking price for this property is $499,900.
    (317) 694-5213
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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
    925 Virginia St Shelbyville, IN 46176
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