Historic Shelbyville Restaurant Space
For Lease
$12.50 SF/Yr
18 Public Square Shelbyville IN 46176, Shelbyville, IN 46176
Prime restaurant space available
Space SizeContact for details
Days on Market571
Property Features for 18 Public Square Shelbyville IN 46176
General Information
Standard status
Active
Property type
Restaurants, Other retail properties, Individual retail properties, Retail properties & Spaces
Elevators
N/A
Rate Type
Yearly
Building Details
Year Built
1869
Listing Agency:
(317) 843-8448
Listed By:
Anthony
(317) 843-8448
Added: Jan 30, 2025
Changed: Mar 16
Investment Insights
Based on property information with market context.
This 5,795-square-foot restaurant space is located in the historic DePrez Building on the revitalized Public Square in Shelbyville, Indiana. Situated in the Riverfront District, the location benefits from recent streetscape improvements that enhance walkability and pedestrian traffic. Neighboring businesses include Blessing's Opera House and the soon-to-open Alley Tap Bar. Shelbyville's "Next Door. Next Level." initiative promises continued growth and development, attracting new businesses and visitors. Ample parking is available in a nearby lot and on the street. Existing fixtures, furniture, and equipment (FF&E), excluding the fire suppression hood, are available for separate purchase with a detailed inventory available upon request. The annual lease rate is $12.50 per square foot. This location presents a unique opportunity to establish a thriving restaurant.
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.88 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Restaurant - Prime restaurant space available
Where is this restaurant located?
The property is located at 18 Public Square Shelbyville IN 46176 Shelbyville, IN.
What is the lease rate?
The lease rate is $12.50 SF/Yr.
