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    Shelbyville, IN Conventional Restaurants for Sale

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    Fairland, IN Waldron, IN Homer, IN
    Shelbyville Restaurant with Highway Visibility
    $312,000
    4,936 SF
    Shelbyville Restaurant with Highway Visibility

    1415 E Michigan Road, Shelbyville, IN 46176

    Long-standing Shelbyville restaurant with high visibility and business zoning.
    • High visibility location on St. Rd. 44 (Business Highway).
    • Business Highway (BH) zoning allows for diverse uses.
    • Fully equipped with 2 kitchens and cook lines including flattop, fryers, grill, stove, ovens, multiple coolers, prep station.
    • Includes walk‑in cooler and walk‑in freezer.
    • Multiple dining and meeting rooms.
    Updated: Dec 18, 2023
    View details
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

    Turnkey Restaurant and Apartments
    $349,000
    0.16 Acres
    Turnkey Restaurant and Apartments

    Turnkey restaurant space with kitchen equipment plus three apartments above, offering combined income and operating flexibility.

    119 S Meridian Street, Sunman, IN 47041

    View details
    SINGLE_FAMILY - Sunman, IN
    $649,900
    0.35 Acres
    SINGLE_FAMILY - Sunman, IN

    Conventional restaurants · 0.35 Acres

    104 S Meridian Street, Sunman, IN 47041

    View details
    Turn-Key Restaurant Opportunity
    $520,000
    2,506 SF
    Turn-Key Restaurant Opportunity

    Fully renovated restaurant for sale in downtown Indianapolis.

    2023 Southeastern Ave, Indianapolis, IN 46201

    View details
    Restaurant Building Near University For Sale
    Contact for pricing
    2,000 SF
    Restaurant Building Near University For Sale

    Freestanding restaurant building with liquor license, near University of Indianapolis.

    4022 Shelby St, Indianapolis, IN 46227

    View details

    Shelbyville, IN Conventional Restaurants Investment Opportunities Market Analysis

    Explore 1 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 $312,000.

    Sale prices for conventional restaurants 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 2
    Conventional restaurants 2
    Coffee shops 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 $312K

    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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