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    39 W Washington St Shelbyville, IN 46176

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    For Lease
    $1,700 /Mo ($17 SF/Yr)

    Newly renovated office or retail space in downtown Shelbyville.

    Property size:
    1,150 SF
    Lot size:
    0.29 Acres

    Property Features for 39 W Washington St

    General Information

    Size
    1,150 SF
    Lot size
    0.29 Acres

    Source: Premier Commercial Real Estate Services, Inc. Agent Kristen Berry

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Downtown Office/Retail Space

    This newly renovated space, totaling 1150 square feet, is located in an excellent downtown location across from City Hall in Shelbyville, Indiana. Ample parking is available. Several restaurants are within walking distance. The property is perfect for a professional office or retail use.
    Insight Report Location Intelligence

    Current Use by Public Records

    Elite Expressions Beauty Salon

    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
    -85.778504
    Latitude
    39.524265

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    FAQs

    What type of property is this?
    Office space - Newly renovated office or retail space in downtown Shelbyville.
    Where is this office space located?
    The property is located at 39 W Washington St Shelbyville, IN.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - Excellent downtown location, across from City Hall; - Newly renovated space; - Ample parking available
    (317) 660-1289
    Request Owner's contact information
    39 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
    39 W Washington St Shelbyville, IN 46176
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