
3934 IN-47
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3934 IN-47
3,680 SF Retail Building Sheridan, IN 46069 $295,000 ($80.16/SF)



INVESTMENT HIGHLIGHTS
- Excellent Location SR 47 Frontage
- Zoned C1 - Retail, Office, Medical, Daycare
- .77 Acres - Room for growth - 3,680 sq.ft.
EXECUTIVE SUMMARY
Premier commercial building encompassing 3,680 square feet on a 0.77-acre lot - Zoned C1. Strategically situated on State Road 47, the property offers ample parking space for more than 20 vehicles. This facility is ideally suited for an office building, medical center, daycare facility, fitness center, retail space, or professional services firm. The property features two attached overhead doors, ample additional workspace, and versatile cement pads in the backyard. The interior has recently undergone renovations to create a designated entrance area for a front desk and waiting area, along with individual office spaces and a meeting room. The completion of door and window trim is available as an option.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
---|---|---|
Taxes |
$4,696
![]() |
$1.28
![]() |
Operating Expenses |
-
![]() |
-
![]() |
Total Expenses |
$4,696
![]() |
$1.28
![]() |
TAXES & OPERATING EXPENSES (ACTUAL - 2024)
Taxes | |
---|---|
Annual | $4,696 |
Annual Per SF | $1.28 |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $4,696 |
Annual Per SF | $1.28 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
3,680 SF
Building Class
C
Year Built/Renovated
1996/2022
Price
$295,000
Price Per SF
$80.16
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.77 AC
Zoning
C1 - Office building, Medical facility, Day Care center, Fitness hub, Retail space, Resturant, Professional Services firm, etc. So much potential.
Frontage
126’ on West 47
PROPERTY TAXES
Parcel Number | 29-01-31-411-004.000-002 | Total Assessment | $197,000 |
Land Assessment | $47,400 | Annual Taxes | $4,696 ($1.28/SF) |
Improvements Assessment | $149,600 | Tax Year | 2024 Payable 2024 |
PROPERTY TAXES
Parcel Number
29-01-31-411-004.000-002
Land Assessment
$47,400
Improvements Assessment
$149,600
Total Assessment
$197,000
Annual Taxes
$4,696 ($1.28/SF)
Tax Year
2024 Payable 2024
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3934 IN-47
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