Shelbyville, IN
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    Shelbyville, IN Commercial Real Estate for Sale

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    Fairland, IN Waldron, IN Homer, IN
    22 listings
    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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    Retail Investment Opportunity in Shelbyville
    $2,189,415
    12,375 SF
    Retail Investment Opportunity in Shelbyville

    570 Saraina Rd, Shelbyville, IN 46176

    Prime retail investment opportunity in Shelbyville, Indiana.
    • Prime investment opportunity in Shelbyville, IN.
    • Potential for development and expansion.
    • Desirable location.
    • Lucrative income‑generating asset potential.
    • Confidential materials available for due diligence.
    Updated: Feb 5
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    Shelbyville Retail Space For Sale
    $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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    Industrial Zoned Truck Parking Land
    $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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    Prime Location Land For Sale
    $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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    Prime Land with High Visibility
    $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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    Prime Commercial Land I-74 Visibility
    $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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    Land on State Road 44
    Contact for pricing
    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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    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

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    62 Acre Industrial Development Site
    $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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    Shelbyville Land Near I-74
    $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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    Industrial Land in Shelbyville, IN
    $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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    Prime Land with High Visibility
    $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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    Industrial Land Near I-74
    $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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    Commercial Land Near I-74
    Contact for pricing
    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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    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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    Shelbyville Mixed-Use Property For Sale
    $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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    Prime Shelbyville Commercial Land Opportunity
    $450,000
    1,800 SF
    Prime Shelbyville Commercial Land Opportunity

    1.2 acre commercial lot in desired Shelbyville location.

    1837 E Michigan Road, Shelbyville, IN 46176

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    Shelbyville Land Parcel For Sale
    $120,000
    Shelbyville Land Parcel For Sale

    Two lots, previously parking, suitable for redevelopment.

    Eastern Ave, Shelbyville, IN 46176

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    Shelbyville Industrial Land Tract
    Contact for pricing
    29.58 Acres
    Shelbyville Industrial Land Tract

    Large industrial land tract with utilities in Shelbyville, Indiana.

    867 W Boomer Way, Shelbyville, IN

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    Shelbyville Land Parcel For Sale
    Contact for pricing
    13.00 Acres
    Shelbyville Land Parcel For Sale

    Over 13 acres of commercially zoned land near I-74.

    44 East Dr, Shelbyville, IN 46176

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Shelbyville, IN, we suggest to view alternatives - similar 50 Off-Market properties to explore as potential leads.

    Off-Market Properties in Shelbyville, IN

    Consider similar Off-Market properties in Shelbyville, 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.

    2518 Pkwy Dr
    OFFICE (GENERAL)
    1,428 SF Lot: 0.46 Acres
    Value Estimation by Request

    2518 Pkwy Dr, Shelbyville, IN 46176-8677

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    103 Broadway St
    COMMERCIAL (GENERAL)
    1,200 SF Lot: 0.18 Acres
    Value Estimation by Request

    103 Broadway St, Shelbyville, IN 46176-1441

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    Shelbyville, IN Commercial Real Estate Investment Opportunities Market Analysis

    Explore 72 commercial real estate for sale in Shelbyville, IN, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 93,690 square feet of properties for sale, with an estimated market value of $8,851,315.

    Sale prices for business properties in Shelbyville, IN start at $312,000, averaging $1,264,473, and reaching up to $3,500,000 — 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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    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Shelbyville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46176 $1.5M

    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%

    Property Size Breakdown

    The majority of commercial real estate listings in Shelbyville fall within the 10,000 to 25,000 square foot range.

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