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39 Washington St Shelbyville, IN 46176

  • Mixed-use properties
  • 3,984 SF
  • 0.30 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US31-1776437
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Elite Expressions / Hair Salon / Nail Salon

Property Details for 39 Washington St

Year built
1939
Lot size
0.30 lot acres
Property size
3,984 SF
Property type
Mixed-use properties

Description

This exceptional mixed-use property at 39 West Washington Street in Shelbyville, Indiana presents a compelling investment opportunity. The completely renovated 3,984 square foot building sits on a 0.3-acre lot and offers a unique blend of historic character and contemporary amenities. The exterior features new Hardy Plank siding, enhancing both curb appeal and longevity. Ample parking is provided by a freshly repaved lot with 24 spaces. The ground floor boasts versatile office space ideal for a variety of businesses, complemented by a comfortable two-bedroom, one-bathroom apartment. Upstairs, the property includes a studio apartment with a full bath, and another two-bedroom, one-bathroom unit. All units are in like-new condition, showcasing custom cabinetry throughout while retaining the building's historical charm. This income-producing property is priced at $999,997 and represents a rare chance to acquire a turnkey investment in a desirable Shelbyville location. The property's combination of commercial and residential spaces provides diverse income streams and significant potential for future growth. The extensive renovations ensure minimal maintenance needs, maximizing return on investment. This is an exceptional opportunity for investors seeking a stable and appreciating asset in a thriving community.


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Location Insight

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City
Shelbyville
County
Shelby
State
Indiana
Longitude
-85.77852
Latitude
39.5242
More about this property
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