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    Shelbyville, IN
    Conventional Restaurant

    Shelbyville, IN Conventional Restaurants for Sale

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    Restaurant With Commercial Kitchens
    Updated: Dec 19, 2023
    Restaurant With Commercial Kitchens

    1415 E Michigan Road, Shelbyville, IN 46176

    $279,000
    0.35 AC lot
    Restaurant property on 0.35 acres at 1415 E Michigan Road, Shelbyville, IN 46176
    Business Highway (BH) zoning
    Multiple dining and meeting rooms with 4 bathrooms and 4 fireplaces
    Two kitchens and cook lines with flattop, fryers, grill, stove, and ovens
    Includes 1 walk‑in cooler, 1 walk‑in freezer, prep station, bar, and multiple coolers
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    Shelbyville Restaurant with Highway Visibility
    Updated: Dec 20, 2023
    Shelbyville Restaurant with Highway Visibility

    1415 E Michigan Rd, Shelbyville, IN 46176

    Contact for pricing
    4,936 sqft
    Terrific visibility on St. Rd. 44, a major thoroughfare.
    Business Highway (BH) zoning allows for diverse business applications.
    Fully equipped with 2 kitchens and cook lines, including flattop, fryers, grill, stove, and ovens.
    Includes walk‑in cooler and walk‑in freezer.
    Multiple dining and meeting rooms suitable for various events.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Shelbyville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Net-Leased Restaurant Sports Bar
    Net-Leased Restaurant Sports Bar

    7040 McFarland Blvd, Indianapolis, IN 46237

    Contact for pricing
    4,000 sqft 2.37 AC lot

    Single-tenant net-leased restaurant & sports bar with minimal landlord responsibilities limited to roof and structural components.

    View details
    Historic Two-Story Mixed-Use Building
    Historic Two-Story Mixed-Use Building

    2155 N 700 W, Arlington, IN 46104

    $199,999
    0.21 AC lot

    Commercial zoning supports a storefront and restaurant layout on the first level with additional upper-floor space.

    View details
    Retail Storefront Property
    Retail Storefront Property

    2155 N 700 W, Arlington, IN 46104

    $199,999

    Retail storefront property offered for sale with GPS-friendly directions and located in Rush County.

    View details
    Established Bar & Pub with Kitchen
    Established Bar & Pub with Kitchen

    7628 Southeastern Avenue, Indianapolis, IN 46239

    $675,000
    0.65 AC lot

    Operating venue with food-service infrastructure, a pool table, and an outdoor seating area.

    View details

    Shelbyville, IN Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Shelbyville, IN on our real estate platform. These investment opportunities span a total of 4,936 square feet of properties for sale, with an estimated market value of $279,000.

    Sale prices for conventional restaurants in Shelbyville, IN average $279,000 — 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

    Conventional restaurants 4
    Coffee shops 3
    Bars & Pubs 2
    Commercial kitchens 1

    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 $279K

    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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