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Shelby County, IN Commercial Real Estate for Sale

22 results
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Downtown Shelbyville Investment Opportunity
$574,900
6,960 SF

Downtown Shelbyville Investment Opportunity

12 S Harrison St, Shelbyville, IN 46176

Three fully leased storefronts with value-add residential space.

  • High annual income of over $50,000 from three fully leased storefronts.
  • Significant value‑add potential with 4,000+ sq ft of partially finished residential space for lofts, short‑term rentals, or office/studio conversions.
  • Prime location in the heart of Downtown Shelbyville's revitalized brick streetscape.
  • High visibility and strong foot traffic.
  • Stable tenants and flexible downtown commercial zoning.
Updated: Nov 21, 2025
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Versatile Commercial Shop with Storage
$695,000
10,390 SF

Versatile Commercial Shop with Storage

308 N Morrison St, Morristown, IN 46161

6,400 SF commercial shop with office and storage on 0.88 acres.

  • 6,400 sq ft commercial shop with 800 sq ft office and 3,990 sq ft storage space.
  • 3.38 acres of land with nearly all solid gravel parking.
  • Multiple overhead doors with openers and 4 potential bays.
  • Meticulously maintained with LED lights, compressed air, and 2 surveillance alarm system.
  • 440 electric in the shop area.
Updated: Oct 16, 2025
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Shelbyville Retail Space - High Growth Area
$500,000
1.43 Acres

Shelbyville Retail Space - High Growth Area

Prime Retail Building, 5000 sq ft, Seller Financing

613 State Road 44, Shelbyville, IN 46176
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Shelbyville Office Building - Prime Location
$275,000
1,428 SF

Shelbyville Office Building - Prime Location

Modern Office Space, Versatile Layout, High Visibility

2518 Parkway Dr, Shelbyville, IN 46176
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Prime Shelbyville Office Building
$208,000
3,185 SF

Prime Shelbyville Office Building

Five offices, great location, all furniture included.

21 Taylor St, Shelbyville, IN 46176
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Shelbyville Mixed-Use Commercial Space
$499,900
4,500 SF

Shelbyville Mixed-Use Commercial Space

Prime Shelbyville location, updated building, great parking.

925 Virginia St, Shelbyville, IN 46176
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Shelbyville Retail & Residential Combo
$339,025
4,352 SF

Shelbyville Retail & Residential Combo

Versatile Property, Downtown Shelbyville

534 Miller Ave, Shelbyville, IN 46176
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Shelbyville Office Building - Prime Location
$289,000
3,263 SF

Shelbyville Office Building - Prime Location

High-traffic vet clinic, 3200+ sq ft.

2914 State Road 44, Shelbyville, IN 46176
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400, Shelbyville, IN 46176
$1,450,000
10.00 Acres

400, Shelbyville, IN 46176

Commercial real estate • 10.00 Acres

400, Shelbyville, IN 46176
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Shelbyville Commercial Property - High Visibility
$399,000
4,936 SF

Shelbyville Commercial Property - High Visibility

Established Business, Ample Space, Great Location

1415 Michigan Rd, Shelbyville, IN 46176
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10-Acre Commercial Land, Shelbyville, IN
$1,900,000
10.00 Acres

10-Acre Commercial Land, Shelbyville, IN

High-visibility I-74 & Fairland Rd. location.

400, Shelbyville, IN 46176
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Shelbyville Retail Space - High Traffic Area
$597,000
1,800 SF

Shelbyville Retail Space - High Traffic Area

Prime 1.2-acre lot, 1800 sq ft building. Great investment opportunity!

1837 Michigan Rd, Shelbyville, IN 46176
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Shelbyville Mixed-Use Commercial Space
$324,900
5,552 SF

Shelbyville Mixed-Use Commercial Space

Spacious Workshop, Office & Storage

3453 Smithland Freedom St, Shelbyville, IN 46176
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Shelbyville Flex Space Outparcel
Contact for pricing
0.40 Acres

Shelbyville Flex Space Outparcel

High-traffic flex space, ideal for retail or industrial use.

0 Michigan Rd, Waldron, IN 46176
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Morristown Industrial Property
Contact for pricing
151,224 SF

Morristown Industrial Property

151,224 SF Warehouse, Owner/User

500 Range Line Rd, Morristown, IN 46161
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Shelbyville Medical Office Building
$1,190,000
5,940 SF

Shelbyville Medical Office Building

Net-leased medical office, high ROI.

2500 Parkway Dr, Shelbyville, IN 46176
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Shelbyville Storefront - Redevelopment Opportunity
$399,000
4,936 SF

Shelbyville Storefront - Redevelopment Opportunity

Prime Shelbyville location, vacant storefront, redevelopment potential.

1415 Michigan Rd, Shelbyville, IN 46176
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Turnkey Church and Parsonage on Acres
$799,900

Turnkey Church and Parsonage on Acres

Turnkey church and parsonage on 7.5 acres in Fairland, Indiana.

6145 N 400 W, Fairland, IN 46126
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Retail Building Near I-74
$650,000

Retail Building Near I-74

3,058 SF building for sale near I-74 interchange.

34 W Rampart St, Shelbyville, IN 46176
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Morristown Manufacturing Building with Expansion Potential
$6,200,000
151,224 SF

Morristown Manufacturing Building with Expansion Potential

155,000 SF manufacturing building with expansion land available for sale.

Morristown, IN 46161
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Shelbyville Warehouse on 5.7 Acres
Contact for pricing
45,000 SF

Shelbyville Warehouse on 5.7 Acres

45,000 SF warehouse with ample parking and convenient location.

1805 Miller Ave, Shelbyville, IN 46176
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155,000 SF Manufacturing Building
$6,200,000
151,224 SF

155,000 SF Manufacturing Building

Manufacturing building with expansion land and proximity to interstates.

500 N Range Line Rd, Morristown, IN 46161
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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Shelby County, IN, we suggest to view alternatives - similar 1636 Off-Market properties to explore as potential leads.

Explore Off-Market Properties in Shelby County, IN

Consider similar Off-Market properties in Shelby County, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

809 Harrison St

809 Harrison St

Neighborhood centers • 6,610 SF
Value Estimation by Request
809 Harrison St, Shelbyville, IN 46176
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2525 In-44

2525 In-44

Restaurants • 108,060 SF
Value Estimation by Request
2525 In-44, Shelbyville, IN 46176
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Shelby County, IN Commercial Real Estate Investment Opportunities Market Analysis

Explore 1183 commercial real estate investment opportunities in Shelby County, IN with 22 listings featured on our commercial real estate marketplace. The current inventory includes 87,575,952 square feet of properties with an estimated value of $220,938,625.

Estimated prices for commercial real estate in Shelby County, IN begin at $49,900, with an average of $349,034 and extend to $4,400,000.

In Shelby County, IN, current investment values show:

  • Retail properties positioned at $331,420
  • Industrial properties measuring $409,644
  • Office Properties & Spaces assessed at $322,091
  • Other commercial real estate calculated at $306,760
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