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    2604 Shelden St Warsaw, IN 46580

    Sponsored
    For Lease
    $10 SF/Yr ($14,612 /Mo)

    Prime Warsaw Office & Retail Space

    Lot size:
    16,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Located at 2604-2616 Shelden Street in Warsaw, Indiana, the Shelden Street Shoppes offers exceptional leasing opportunities. This single-story, 16,700 square foot building, constructed in 2004, is zoned PUD and situated in Kosciusko County (zip code 46580). The property boasts a variety of uses, including retail, office, and restaurant space, currently featuring multiple tenancies. A total of 8,440 square feet is currently vacant and available for lease, divisible into spaces ranging from a minimum of 2,100 square feet to a maximum contiguous space of 4,200 square feet. Ample parking is provided with 78 spaces available for tenants and their clients. This prime location in Warsaw offers excellent visibility and accessibility, making it an ideal space for businesses seeking a high-traffic area. The property's versatile layout and ample square footage provide flexibility for a range of business needs. Interested parties are encouraged to inquire about available spaces and lease terms. This is a unique opportunity to secure a prominent location in a thriving Indiana community.

    Property Features for 2604 Shelden St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,700 SF
    Total Rate
    14612.5

    Building Details

    Year Built
    2004
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    #2612
    Size
    2,140 SF
    Rate per SF
    $10
    Space
    #2616
    Size
    4,200 SF
    Rate per SF
    $10
    Space
    #2606
    Size
    2,100 SF
    Rate per SF
    $10

    HighLights

    • 16,700 SF retail center with six suites.
    • Located on Warsaw's rapidly developing north side.
    • Adjacent to a Walmart Supercenter.
    • Excellent pylon signage visible from State Road 15.
    • 78 parking spaces available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Warsaw
    County
    Kosciusko
    State
    Indiana
    Longitude
    -85.8555841
    Latitude
    41.2736961

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    FAQs

    What type of property is this?
    Restaurant - Prime Warsaw Office & Retail Space
    Where is this restaurant located?
    The property is located at 2604 Shelden St Warsaw, IN.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 16,700 SF retail center with six suites.; Located on Warsaw's rapidly developing north side.; Adjacent to a Walmart Supercenter.
    Request Owner's contact information
    2604 Shelden St Warsaw, IN 46580
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    Warsaw, IN 46580
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2604 Shelden St Warsaw, IN 46580
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