149 W Boggstown Road

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149 W Boggstown Road

Shelbyville, IN 46176
Asking Price
$115K
Asset Type
Office
Class
Class B

What's Special

Located at 149 W Boggstown Road in Shelbyville, Indiana, this office property is situated within a mixed-use corridor characterized by a blend of commercial and residential developments. The site provides direct access to State Road 44, fostering connectivity to the downtown square and the broader Shelbyville area. Nearby amenities include various local dining options, retail centers, and essential professional services. Its proximity to Interstate 70 further facilitates regional transportation for commuters and visitors traveling from neighboring communities or the Indianapolis metropolitan area. The property is well-suited for professional service firms, including legal offices, insurance agencies, or accounting practices seeking a centralized local presence. Its layout and location accommodate small to mid-sized businesses requiring administrative space with accessible parking for staff and clients. Additionally, the asset serves as a functional location for regional satellite offices or medical-administrative operations looking to leverage the area's steady traffic and established community visibility.

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NOI
$80,000
Cap Rate
69.57%
DSCR
11.72
Strong
Cash-on-Cash
212.09%
Monthly Payment
$568.957
Annual Cash Flow
$73,172.513

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