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Renovated Office Units
For Lease
$500/Mo

124 West Franklin Street, Shelbyville, IN 46176

Flexible office layout with shared reception, kitchen facilities, two bathrooms, and substantial storage.

Space SizeContact for details
Days on Market318

Property Features for 124 West Franklin Street

General Information

Standard status Active
Property subtype Commercial Lease / Mixed Use
Zoning Office

Amenities

Central Air
Forced Air

Building Details

Stories 1
Listing Agency: Runnebohm Realty, LLC
Listed By: Annette Nasby · License #RB15000538
Source: Compass
Added: Oct 17, 2025 Changed: Aug 30 Last Checked: Aug 30 at 4:55AM

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 Runnebohm Realty, LLC

Investment Insights

Based on property information with market context.

Located at 124 West Franklin Street in Shelbyville, Indiana, this 3,840-square-foot office property provides multiple workspace areas within a recently renovated interior. The configuration includes a shared reception area, kitchen, two bathrooms, and ample storage for business records and supplies.

Office units are available for lease, with terms described as negotiable. Interior systems include central air and forced-air heating, providing year-round climate control for occupants. The property is classified for office use and offers a practical setting for businesses seeking dedicated workspace beyond a home office.

Key Highlights

  • 3,840‑square‑foot office property at 124 West Franklin Street
  • Recently renovated interior with multiple office areas
  • Shared reception area for office occupants

Property Analytics

Current Use

Shelbyville Foot Clinic Physician Groups Recover Together Medical Clinic

Suggested Use

Top Pick Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store Barber Shop Carpet & Flooring Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$0.23 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

697
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
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Frequently Asked Questions

What type of property is this?
Office units - Flexible office layout with shared reception, kitchen facilities, two bathrooms, and substantial storage.
Where is this office units located?
The property is located at 124 West Franklin Street Shelbyville, IN.
What is the lease rate?
The lease rate is $500/Mo.
What are key features of this property?
This property features: 3,840‑square‑foot office property at 124 West Franklin Street; Recently renovated interior with multiple office areas; Shared reception area for office occupants
More about this property
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