Listing Agency: Norton Premier Real Estate

Listed By: Christina Norton · License #RB16000482 Show Phone

Source: Crexi

Added: Apr 12 Changed: Sep 2 Last Checked: Sep 1 at 10:29PM

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Investment Insights

Based on property information with market context.

The property includes a 2,700-square-foot building on 2.5 acres. The 1,800-square-foot main level provides an entry area, counter, bathroom, and three open rooms, along with a 300-square-foot covered deck and a glass garage door. The upper level contains a 900-square-foot studio apartment with its own entrance, kitchen, and bathroom.

Exterior improvements include a gravel lot, 10 individual post electric hookups, more than an acre of grass area, and a large concrete pad for additional space. A wood perimeter fence surrounds the property, with new gates on two sides. The site is located on State Road 9 between Shelbyville and Hope.

Key Highlights

• 2.5 acres with a 2,700‑square‑foot building
• 1,800‑square‑foot main level with three open areas, counter, entry area, and bathroom
• 900‑square‑foot upstairs studio apartment with kitchen, bathroom, and private entrance

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Auto Repair Shop Garden Center Bar & Pub

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

5

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 47234, IN

1,428

Population

681

Households

2.1

Avg Household Size

43

Median Age

15%

College-Educated

89%

High-School Grad

33.5 sq mi

ZIP Area

43

Density / Sq Mi

$99,479

Median Household Income

$53,811

Median Earnings

$179,300

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

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Frequently Asked Questions

What type of property is this?

Storefront property - Two-level building includes open commercial areas, a covered deck, and a separate upstairs living space.

Where is this storefront property located?

The property is located at 8700 S State Road 9 Flat Rock, IN.

What are key features of this property?

This property features: 2.5 acres with a 2,700‑square‑foot building; 1,800‑square‑foot main level with three open areas, counter, entry area, and bathroom; 900‑square‑foot upstairs studio apartment with kitchen, bathroom, and private entrance