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1608 Madison St, Shelbyville, TN, 37160
Renovated Commercial Property on Hwy 41A

1608 Madison St Shelbyville, TN 37160

For Sale
$1,280,000

Turnkey commercial property with high traffic and flexible layout.

Property Size14,300 SF
Lot Size0.84 Acres
Price / SF$89.51
Days on Market351

Property Features for 1608 Madison St

General Information

Standard status Active
Size 14,300 SF
Lot size 0.84 Acres
Property subtype Commercial

Building Details

Year Built 1986
Listing Agency: CRAIG AND WHEELER REALTY & AUCTION
Listed By: BENJAMIN R.CRAIG
Source: Corcoran
Added: Aug 14, 2025 Changed: Jul 6 Last Checked: Jul 30 at 6:44AM

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 CRAIG AND WHEELER REALTY & AUCTION

Investment Insights

Based on property information with market context.

This renovated commercial property, encompassing 14,300 square feet, is located in a high-traffic area on Highway 41A, minutes from Downtown Shelbyville Square. The property offers turnkey-ready spaces suitable for a variety of businesses. It is ideal for a strip center, restaurant, or any business requiring flexible space. The property includes a full commercial kitchen and dining area, suitable for a restaurant or catering business. An event space seats up to 175 people and features a full bar, state-of-the-art lighting, and sound equipment, making it suitable for large or small events, concerts, and parties. A loading dock facilitates deliveries and logistics. The property is located at a busy four-way stop with a red light, ensuring high visibility. It is suitable for a wide variety of businesses, including a restaurant, sports bar, event space, retail store, grocery store, liquor store, professional offices, or even a convenience or full-service gas station. The property offers a flexible leasehold improvement opportunity for customization.

Key Highlights

  • High‑traffic location on Hwy 41A at a busy four‑way stop ensuring maximum exposure.
  • Fully renovated 14,300 +/- SF commercial property, turnkey‑ready.
  • Multipurpose layout suitable for a wide variety of businesses.

Property Analytics

Property Profile Location Intelligence

Current Use

The Brass Lantern Shopping Center & Mall Gracie’s Cafe and Creamery Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Grocery & Convenience Store Bakery Garden Center

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Restaurant - Turnkey commercial property with high traffic and flexible layout.
Where is this restaurant located?
The property is located at 1608 Madison St Shelbyville, TN.
What is the asking price?
The asking price for this property is $1,280,000.
What are key features of this property?
This property features: High‑traffic location on Hwy 41A at a busy four‑way stop ensuring maximum exposure.; Fully renovated 14,300 +/- SF commercial property, turnkey‑ready.; Multipurpose layout suitable for a wide variety of businesses.
More about this property
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