Christian LLC
Listed by Christian LLC
$3,500,000
Shelbyville Central Business District
Details
Property Type Mixed Use, Office
Sub Type Religious/Church, Restaurant
Square Footage 61,479
NOI $120,000
Occupancy 25%
Buildings 5
Sale Condition For sale by owner
Mixed Use | 0.00% CAP | 61,479 SqFt
Marketing description
This is an excellent opportunity to redevelop an entire block in Shelbyville's sought-after Central Business District. These five properties have amazing potential for mixed-use development. Tap into this growing market. Currently generating $12,000 a month in income.
Shelbyville has made significant updates to the infrastructure...
Investment highlights
- Four properties all on a single block.
- New city infrastructure improvements.
- Great location for opportune mixed-use development.
- 34 E Jackson St, Shelbyville, IN
- Property Type: Retail
- Size: 8,073
- 25 S Noble St, Shelbyville, IN
- Property Type: Retail
- Size: 4,000
- 123 E Washington St, Shelbyville, IN
- Property Type: Office
- Size: 15,500
- 137 E Washington St, Shelbyville, IN
- Property Type: Specialty
- Size: 29,906
- 159 E Washington St, Shelbyville, IN
- Property Type: Retail
- Size: 4,000
Listing Contacts
Christian LLC
Listed by Christian LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$120,000.00
$10,000.00/mo
Valuation Metrics
0
DSCR
3.43%
Cap Rate
3.43%
ROI
Broker Selected Comps View More Comps
Property History
Tax History
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