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Warehouse with Loading Docks
For Lease
$6,500/Mo

505 Walnut Street, Shirley, IN 47384

COMMERCIAL - Shirley, IN

Space Size6,500 SF
Lot Size1.20 Acres
Days on Market118

Property Features for 505 Walnut Street

General Information

Property type Commercial Lease
Property subtype Other
Parking features Off Street
Lot features City
Directions From I-70/109, north on 109 to SR 234. East to 1200 East (Main St). South to Walnut St. West to property on corner of Walnut and Meridian.
Subdivision Hancock County
Standard status Active
APN 30-04-26-401-002.001-004
Lot size 1.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description SOWERWINE L191 & PT VACATED ST
Tax Annual Amount 654
Legal Description SOWERWINE L191 & PT VACATED ST

Utilities

Cooling system Multi Units

Building Details

Year built 1989
Flooring type Concrete
Roof type Metal
Listing Agency: F.C. Tucker/Crossroads Real Estate
Listed By: Mike McKown
Added: May 8 Changed: Aug 4 Last Checked: Sep 2 at 8:06AM
MLS# 202617345

Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This warehouse space is available for lease in a larger, well-maintained building with a long-term tenant. The unit offers ample storage capacity with high ceilings, along with a high overhead door for straightforward truck access. Loading and unloading are supported by accessible loading docks, and the space is equipped with gas heat for year-round comfort.

The property is located at 505 Walnut Street in Shirley, Indiana, in Hancock County, with convenient access to Interstate 70 just minutes away for regional connectivity.

The available space is described as a 6,500 square foot warehouse unit.

Key Highlights

  • 6,500 SF commercial warehouse unit at 505 Walnut St., Shirley, IN, within a larger building
  • High ceilings and a high overhead door for easy warehouse access
  • Loading and unloading via accessible loading docks

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Auto Repair Shop Florist (Bike/Boat/Book/etc) Store Wine and Liquor Store Hair Salon Restaurant

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
Highway access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

49
Businesses Nearby
Well-served
Demand for This Use

Demographics for 47384, IN

1,936
Population
792
Households
2.4
Avg Household Size
45
Median Age
13%
College-Educated
90%
High-School Grad
31.2 sq mi
ZIP Area
62
Density / Sq Mi
$72,083
Median Household Income
$46,176
Median Earnings
$720
Median Rent
$124,400
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse suite with high ceilings, a high overhead door, and accessible loading docks in a maintained multi-tenant building.
Where is this warehouse located?
The property is located at 505 Walnut Street Shirley, IN.
What is the lease rate?
The lease rate is $6,500/Mo.
What are key features of this property?
This property features: 6,500 SF commercial warehouse unit at 505 Walnut St., Shirley, IN, within a larger building; High ceilings and a high overhead door for easy warehouse access; Loading and unloading via accessible loading docks
More about this property
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