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    Restaurant with Meeting Rooms
    Updated: Dec 19, 2023
    Restaurant with Meeting Rooms

    1415 E Michigan Road, Shelbyville, IN 46176

    $312,000
    0.35 AC lot
    Long‑standing business property built in 1969 on St. Rd. 44 Business Highway (BH) zoning
    Building includes multiple dining and meeting rooms, with 4 bathrooms and 4 fireplaces
    Foodservice equipment included: 2 kitchens/cook lines, flattop, fryers, grill, stove, ovens, and prep station
    Includes walk‑in cooler and walk‑in freezer, plus multiple coolers and various bar and dining seating (tables, chairs, booths)
    Also includes two additional asphalt lots available for sale for added parking
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Shelbyville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multi-Revenue Entertainment Venue
    Multi-Revenue Entertainment Venue

    4747 W State Road 46, Bloomington, IN 47404

    $1,500,000
    2.81 AC lot

    Fully renovated entertainment property with mini golf, restaurant/bar operations, live entertainment space, and short-term rental income potential.

    View details
    Restaurant and Warehouse Building
    Restaurant and Warehouse Building

    409 S Walnut Street, Bloomington, IN 47401

    $3,000,000
    0.40 AC lot

    Restaurant/cafe/bar building with multiple restrooms, kitchen, and an open rear garage/warehouse area with its own entry.

    View details
    Neighborhood Bar and Restaurant
    Neighborhood Bar and Restaurant

    7628 Southeastern Avenue, Indianapolis, IN 46239

    $675,000
    0.65 AC lot

    For sale turnkey bar and restaurant with a fully equipped kitchen, Ansul fire suppression, and outdoor seating.

    View details
    Indianapolis Bar For Sale
    Indianapolis Bar For Sale

    2023 Southeastern Avenue, Indianapolis, IN 46201

    $520,000

    Bar for sale at Southeastern and Harlan corner.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Lakefront Development Land in B-1
    Lakefront Development Land in B-1

    Orchard Avenue, Lakeview, OH 43331

    $6,500,000
    16.49 AC lot

    Large waterfront parcel on Orchard Island with B-1 zoning and multiple parcels for flexible development planning.

    View details
    Zoned B-2 Commercial Land
    Zoned B-2 Commercial Land

    21835 State Road 120, Elkhart, IN 46516

    $330,000
    1.93 AC lot

    Nearly two-acre B-2 site with an existing 1,400-sq-ft building suited for office or retail concepts.

    View details
    Dwight Commercial Development Opportunity
    Dwight Commercial Development Opportunity

    900 N Union Street, Dwight, IL 60420

    $1,200,000
    5.50 AC lot

    Restaurant, bar, and commercial land for sale in Dwight, IL.

    View details
    Waterfront Commercial Lakeview Lot
    Waterfront Commercial Lakeview Lot

    5785 S Highway 27, Somerset, KY 42503

    $939,000
    1.92 AC lot

    Commercial land with sweeping 180-degree Lake Cumberland views, suited for hospitality concepts and lake-oriented development.

    View details

    Shelbyville, IN Bars & Pubs Market Trends and Statistics

    Explore 1 bars & pubs for sale in Shelbyville, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $312,000.

    Sale prices for pubs in Shelbyville, IN start at $312,000, averaging $312,000, and reaching up to $312,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 3
    Conventional restaurants 3
    Coffee shops 1

    Demographics Overview

    Population 29K
    Population Growth (5Y) +3.5%
    Median Household Income $66,045
    College Educated 25.8%

    Taxes & Financing

    Tax Rate (average for all types) 2.29%
    Property Tax per SF $38.44 per SF
    Tax Rate vs County Average 0.06 pp above county avg
    Average Loan-to-Value 65.0%

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