Property profile

212 1St St Shirley, IN 47384

OFF-MARKET
Commercial real estate
0.43 ac lot Built 1992
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial property, located at 212 First Street in Shirley, Indiana, presents a unique investment opportunity. The 2400 square foot building, constructed in a Quonset style, sits on a sizable 0.43-acre lot, offering ample space for a variety of commercial uses. Currently configured as a church, the interior features a large sanctuary, perfect for open-plan layouts or adaptable to various business needs. In addition to the main sanctuary, the property includes a dedicated office space, a convenient storeroom for inventory or supplies, and two bathrooms for user comfort. A stairway provides access to an attic area, offering additional storage potential or the possibility of future expansion. The property's versatile design and generous lot size make it ideal for a wide range of commercial ventures, from retail and office spaces to light industrial uses or even a potential redevelopment project. The asking price of $110,000 represents a compelling value for a property of this size and potential in a desirable location. The property's existing infrastructure provides a solid foundation for immediate occupancy or future renovations, making it an attractive option for both established businesses and aspiring entrepreneurs. Its location in Shirley, Indiana, offers easy access to local amenities and transportation routes. This is a rare opportunity to acquire a substantial commercial property with significant upside potential. Serious inquiries are encouraged.

Property profile

Verified
Property type Commercial real estate
Year built 1992
Lot 0.43 ac (18,731 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

212 1St St Shirley, IN 47384
Shirley metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 212 1St St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message