Shelby County, IN Commercial real estate for sale

$199,000

0.13 Acres

Historic Grocery Storefront Property

109 W Washington Street, Fairland, IN 46126

Longtime neighborhood store building in Fairland’s Commercial district, with a history of grocery and prepared food sales.

Historical building formerly known locally as "Mr. T's"
Longtime local store that operated for many years
Was the only grocery store in town until a couple of years ago
Previously sold pizza and offered a cold cut meat department

Updated: Jun 16

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Downtown Mixed-Use Storefront Investment

$574,900

0.06 Acres

Downtown Mixed-Use Storefront Investment

12 S Harrison Street, Shelbyville, IN 46176

Two-parcel property with three leased storefronts and partially finished second-floor space for adaptive reuse.

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 19, 2025

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$239,900

1,008 SF

Flex Office-Retail Building

Versatile building with dedicated parking, street-front exposure, and existing utilities for office, retail, or service use.

533-535 E Hendricks, Shelbyville, IN 46176

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Retail Investment Opportunity in Shelbyville

$2,189,415

12,375 SF

Retail Investment Opportunity in Shelbyville

Prime retail investment opportunity in Shelbyville, Indiana.

570 Saraina Rd, Shelbyville, IN 46176

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$1,000,000

5,000 SF

Shelbyville Retail Space For Sale

5000 sq ft retail space with expansion potential.

613 E State Road 44, 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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$425,000

979,229 SF

Shelby County Farmland Opportunity

22.5 acres of farmland in Shelby County, Indiana.

North 750 West, Fairland, IN 46126

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$550,000

3.00 Acres

Industrial Zoned Truck Parking Land

IG-zoned land in Shelbyville currently used for truck parking, with utilities available nearby.

1325 Enterprise Drive, Shelbyville, IN 46176

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Shelbyville Mixed-Use Redevelopment Opportunity

$3,500,000

61,479 SF

Shelbyville Mixed-Use Redevelopment Opportunity

Redevelop entire block in Shelbyville's Central Business District.

134 E Jackson St, Shelbyville, IN 46176

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$696,900

1.00 Acre

Prime Location Land For Sale

One acre of land in a high-traffic location.

1007 North Riley Highway, Shelbyville, IN 46176

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$1,250,000

10.00 Acres

Prime Land with High Visibility

10-acre commercial land parcel with C2 zoning in Shelbyville, IN.

West 400 North, Shelbyville, IN

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$1,450,000

10.00 Acres

Prime Commercial Land I-74 Visibility

10 acre commercial land parcel with high I-74 visibility.

W 400 N, Shelbyville, IN 46176

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$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

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0.31 Acres

Land on State Road 44

Land with high visibility, near I-74, cross-access agreement.

E State Rd 44, Shelbyville, IN

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45,000 SF

Shelbyville Warehouse on 5.7 Acres

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

1805 Miller Ave, Shelbyville, IN

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$4,009,200

61.68 Acres

62 Acre Industrial Development Site

62 acre industrial development site with utilities and highway access.

2115 W 300 N, Shelbyville, IN

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$6,110,000

94.00 Acres

Shelbyville Land Near I-74

Level land site near I-74 and Highway 9.

N west 350, Shelbyville, IN

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$1,800,000

42.92 Acres

Industrial Land in Shelbyville, IN

42.92 acres of industrial land, ideal for logistics.

N Enterprise Dr, Shelbyville, IN

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$1,900,000

10.00 Acres

Prime Land with High Visibility

10-acre commercial land parcel in fast-growing area.

W 400 N, Shelbyville, IN 46176

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$4,009,200

62.00 Acres

Industrial Land Near I-74

62 acres of industrial development land with utilities in place.

W 300 N, Shelbyville, IN 46176

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7.53 Acres

Commercial Land Near I-74

Commercial land for sale near I-74 in Shelbyville, IN.

325 Duran Dr, Shelbyville, IN

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Morristown Industrial Property with Expansion

$6,200,000

151,224 SF

Morristown Industrial Property with Expansion

155,000+ SF industrial building with expansion potential.

500 N Range Line Rd, Morristown, IN 46161

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Shelbyville Restaurant with Highway Visibility

$312,000

4,936 SF

Shelbyville Restaurant with Highway Visibility

Long-standing Shelbyville restaurant with high visibility and business zoning.

1415 E Michigan Road, Shelbyville, IN 46176

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$499,900

4,500 SF

Shelbyville Mixed-Use Property For Sale

4,500 sq ft mixed-use property with recent renovations.

925 Virginia Street, Shelbyville, IN 46176

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Shelby County, IN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Shelby County, IN, showcased through 29 active listings on our real estate platform. These investment opportunities span a total of 1,523,999 square feet of properties for sale, with an estimated market value of $27,216,215.

Sale prices for business properties in Shelby County, IN start at $239,900, averaging $2,474,201, and reaching up to $6,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.