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Mixed-Use Property with Storefronts
For Sale
$499,900

12 S Harrison Street, Shelbyville, IN 46176

Commercial Sale, Shelbyville, IN

Property SizeContact for details
Lot Size0.06 Acres
Days on Market294

Property Features for 12 S Harrison Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning BG - Business General
Parking features On Street
View City
Elementary school district Shelbyville Central Schools
Middle school district Shelbyville Central Schools
High school district Shelbyville Central Schools
Directions GPS Friendly
Subdivision 7308 - Shelby - Addison
Standard status Active
APN 731105100282000002
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Orig T Harrison Pt Lot 8 12 & 16 S Harrison St (Jewelry Store) (Former Hallmark Store)Dance Studio ***AND ORIG T HARRISON PT LOT 8 (COMM BLDG) 18 S HARRISON NOTES: CITY HAS ADDRESS AS 1216 ERRONEOUS
Legal Description Orig T Harrison Pt Lot 8 12 & 16 S Harrison St (Jewelry Store) (Former Hallmark Store)Dance Studio ***AND ORIG T HARRISON PT LOT 8 (COMM BLDG) 18 S HARRISON NOTES: CITY HAS ADDRESS AS 1216 ERRONEOUS

Building Details

Year built 1900
Floors in Building 3
Roof type Rubber, Membrane
Listing Agency: Mackenzie Allen, Polston & Ass
Listed By: Justin Polston · License #RB14043542
Added: Nov 19, 2025 Changed: Sep 1 Last Checked: Sep 9 at 9:06AM
MLS# 22074405

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property comprises two parcels with three fully leased storefronts at street level. The building dates to 1900 and has a membrane and rubber roof. On-street parking serves the property.

The second floor contains more than 4,000 square feet of partially finished residential space. The existing upper-level area is identified for possible loft, short-term rental, or office and studio conversion. The property is located in downtown Shelbyville along a brick streetscape with recurring community events nearby, including seasonal markets, live music, parades, movie nights, and holiday programming. A 2024 INDOT traffic count reports 25,000 vehicles.

Key Highlights

  • Two parcels with three fully leased storefronts
  • 4,000+ sq ft of partially finished residential space on the second floor
  • BG - Business General zoning

Property Analytics

Current Use

Boba Cafe Cafe & Coffee Shop

Suggested Use

Top Pick Parking Lot & Garage Barber Shop Restaurant (Bike/Boat/Book/etc) Store Bakery Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

25,000 VPD
Traffic count
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

784
Businesses Nearby
60k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 80% Dining 18% Electronics 2% Home Improvements & Furnishings 1%
Speedway Shops & Services
8,777 visits/mo 0.2 miles
Dollar General Shops & Services
8,703 visits/mo 0.4 miles
PNC Bank Shops & Services
6,439 visits/mo 0.1 miles
KFC Dining
5,408 visits/mo 0.5 miles
BP Shops & Services
4,600 visits/mo 0.4 miles

Demographics for 46176, IN

28,401
Population
12,724
Households
2.2
Avg Household Size
40
Median Age
19%
College-Educated
90%
High-School Grad
169.5 sq mi
ZIP Area
168
Density / Sq Mi
$66,045
Median Household Income
$40,330
Median Earnings
$962
Median Rent
$172,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three leased storefronts occupy a downtown brick streetscape under BG - Business General zoning.
Where is this mixed-use property located?
The property is located at 12 S Harrison Street Shelbyville, IN.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two parcels with three fully leased storefronts; 4,000+ sq ft of partially finished residential space on the second floor; BG - Business General zoning
More about this property
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