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Multi-Suite Commercial Storefront
New
For Sale
$449,900

114 E Highland Ave, Shelbyville, TN 37160

Four distinct spaces support separate business operations, tenant occupancy, or a mix of both.

Property Size2,494 SF
Lot Size0.17 Acres
Price / SF$180.39
Days on Market4

Property Features for 114 E Highland Ave

General Information

Standard status Active
Size 2,494 SF
Lot size 0.17 Acres
Property subtype Commercial

Building Details

Year Built 1994
Listing Agency: WOODRUFF REALTY & AUCTION
Listed By: AMANDA SEIBERS
Source: Corcoran
Added: Oct 22 Changed: Oct 24 Last Checked: Oct 24 at 3:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WOODRUFF REALTY & AUCTION

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Investment Insights

Based on property information with market context.

This 2,494-square-foot commercial storefront on a 0.17-acre lot is arranged as four individual spaces, each with its own entrance. The layout supports occupancy by one business, multiple operators, or a combination of owner use and leasing. The building was constructed in 1994.

Located at 114 E Highland Ave in Shelbyville, the property offers a multi-space configuration within the city. Its separate access points allow each of the four spaces to be approached independently.

Key Highlights

  • 2,494‑square‑foot commercial building on a 0.17‑acre lot
  • Four separate spaces, each with an individual entrance
  • Built in 1994

Property Analytics

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Open Analytics

Current Use

Black & Blue Textile Manufacturer

Suggested Use

Top Pick Parking Lot & Garage Computer & Electronic Repair Gym & Fitness Center Storage Facility Garden Center Catering Service

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

Location Intelligence

Trade Area within ½ mile

691
Businesses Nearby
174k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 51% Shops & Services 26% Groceries 20% Home Improvements & Furnishings 2%
Kroger Groceries
35,442 visits/mo 0.2 miles
Chick-fil-A Dining
22,895 visits/mo 0.1 miles
Burger King Dining
14,894 visits/mo 0.3 miles
Speedway Shops & Services
14,404 visits/mo 0.4 miles
Kroger Fuel Center Shops & Services
10,285 visits/mo 0.2 miles

Demographics for 37160, TN

36,976
Population
14,130
Households
2.6
Avg Household Size
37
Median Age
16%
College-Educated
83%
High-School Grad
233.3 sq mi
ZIP Area
158
Density / Sq Mi
$58,899
Median Household Income
$34,759
Median Earnings
$924
Median Rent
$257,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • Creative Touch Florist — 511 A Madison St, Shelbyville, TN 37160
  • All Seasons Florist — 747 N Main St, Shelbyville, TN 37160
  • Kroger Floral Department — 1010 N Main St, Shelbyville, TN 37160

Frequently Asked Questions

What type of property is this?
Storefront property - Four distinct spaces support separate business operations, tenant occupancy, or a mix of both.
Where is this storefront property located?
The property is located at 114 E Highland Ave Shelbyville, TN.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 2,494‑square‑foot commercial building on a 0.17‑acre lot; Four separate spaces, each with an individual entrance; Built in 1994
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