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Office Building with Vacant Space
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123 East Washington St, Shelbyville, IN 46176

BC-zoned office property with space available for business occupancy.

Property Size15,500 SF
Price / SF$64.52
Days on Market210

Property Features for 123 East Washington St

General Information

Standard status Active
Size 15,500 SF
Class C
Property subtype Office
Zoning BC
Occupancy 30%
Investment Type Owner/User
Net Operating Income $36,000

Building Details

Year Built 1965
Stories 1
Tenancy Multi
Listing Agency: Christian LLC
Listed By: Chad Christian · License #IN
Source: Crexi
Added: Feb 3 Changed: Aug 30 Last Checked: Aug 30 at 5:16AM

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 Christian LLC

Investment Insights

Based on property information with market context.

This 15,500-square-foot office building at 123 East Washington St offers vacant space for business occupancy. The property was built in 1965 and is designated BC under the stated zoning classification.

Located in Shelbyville, Indiana, the building is available for sale or lease. Its existing office configuration and available interior space provide a commercial setting for an occupant seeking a business property in the area.

Key Highlights

  • 15,500‑square‑foot office building
  • Vacant space available for business occupancy
  • BC zoning

Property Analytics

Current Use

Shelbyville News Newspaper & Magazine

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.

Location Intelligence

Trade Area within ½ mile

795
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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - BC-zoned office property with space available for business occupancy.
Where is this office building located?
The property is located at 123 East Washington St Shelbyville, IN.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 15,500‑square‑foot office building; Vacant space available for business occupancy; BC zoning
More about this property
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