Warehouse Space with Loading
For Lease
$6,500/Mo
505 Walnut Street, Shirley, IN 47384
COMMERCIAL FOR LEASE, Shirley, IN
Space Size6,500 SF
Lot Size1.20 Acres
Days on Market123
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
(765) 521-9464
Listed By:
Mike McKown
(765) 524-3018
Added: May 8
Changed: Sep 2
Last Checked: Sep 7 at 9:06PM
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 6,500-square-foot warehouse unit occupies part of a larger building and includes concrete flooring, high ceilings, and a high overhead door. Gas heat supports year-round interior comfort, while multiple cooling units and a metal roof are also in place. Off-street parking serves the property.
Loading docks provide practical support for receiving and dispatch activity. The building dates to 1989 and includes a long-term tenant elsewhere in the larger structure. Located at 505 Walnut Street in Shirley, Indiana, the property is just minutes from Interstate 70, providing access to regional transportation routes.
Loading docks provide practical support for receiving and dispatch activity. The building dates to 1989 and includes a long-term tenant elsewhere in the larger structure. Located at 505 Walnut Street in Shirley, Indiana, the property is just minutes from Interstate 70, providing access to regional transportation routes.
Key Highlights
- 6,500‑square‑foot warehouse unit within a larger building
- High ceilings and a high overhead door
- Accessible loading docks for receiving and unloading
Property Analytics
Property Profile
Current Use
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
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Functional warehouse unit with concrete flooring, gas heat, overhead access, and convenient loading capability.
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‑square‑foot warehouse unit within a larger building; High ceilings and a high overhead door; Accessible loading docks for receiving and unloading
