Property summary
This exceptional Shelbyville, IL commercial property presents a unique investment opportunity. Priced at $399,000, this 8,000 square foot mixed-use building boasts two structures on a 1.26-acre lot. Built in 2012, the property features a spacious warehouse area exceeding 5,000 square feet, ideal for retail, storage, or a repair shop. The warehouse includes a 24' x 14' overhead door with opener, and two additional roll-up doors, one of which is a dock-high loading door. Three-phase electric service is available. The main building offers a large reception area with built-in desks and cabinets, three sizable offices, a kitchenette, and a full bathroom with a shower. Upstairs, a large conference room and an additional office provide ample space for administrative functions. The adjacent parcel provides ample parking. The property's zoning is commercial, and its proximity to Lake Shelbyville makes it particularly attractive for businesses catering to recreational activities. This versatile property offers numerous possibilities for a discerning investor. The asking price is $399,000, with a price per square foot of $49.88.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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