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Two-Access Office Building
For Sale
$195,000

22 Elm St, Shoals, IN 47581

Office property with reception, conference, restroom, storage, and multiple office areas across two levels.

Property Size1,800 SF
Price / SF$108.33
Days on Market20

Property Features for 22 Elm St

General Information

Standard status Active
Size 1,800 SF

Additional Details

Road Access Yes

Building Details

Year Built 1984
Listing Agency: Honey Bee Realty Co. LLC
Listed By: Mark Graber · License #RB14038047
Source: Kmsrealestategroup
Added: Aug 11 Changed: Aug 30 Last Checked: Aug 30 at 7:25AM

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 Honey Bee Realty Co. LLC

Investment Insights

Based on property information with market context.

This office building, constructed in 1984, is arranged across a main level and basement. The main floor includes a reception area, conference room, two restrooms, and eight offices. Additional office areas and storage are located below, along with two walk-out doors providing access to Oak Street.

The property has entrances from two roads, with the second access point serving the basement level. Its existing layout includes administrative, meeting, restroom, and storage areas suitable for continued office use. The source information also identifies office rentals or apartment conversion as potential repositioning concepts.

Key Highlights

  • 1984 office building with main‑level reception, conference room, two restrooms, and 8 offices
  • Basement includes additional offices, storage, and 2 walk‑out doors
  • Access from 2 roads, including basement entry from Oak Street

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Storage Facility Catering Service Big Box & Wholesale Store Hair Salon Florist Nail Salon

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

122
Businesses Nearby

Demographics for 47581, IN

3,534
Population
1,555
Households
2.3
Avg Household Size
45
Median Age
12%
College-Educated
89%
High-School Grad
141.4 sq mi
ZIP Area
25
Density / Sq Mi
$56,864
Median Household Income
$36,167
Median Earnings
$606
Median Rent
$124,900
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 building - Office property with reception, conference, restroom, storage, and multiple office areas across two levels.
Where is this office building located?
The property is located at 22 Elm St Shoals, IN.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 1984 office building with main‑level reception, conference room, two restrooms, and 8 offices; Basement includes additional offices, storage, and 2 walk‑out doors; Access from 2 roads, including basement entry from Oak Street
More about this property
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