Three-Building Mixed-Use
For Sale
$2,800,000
29 Public Square, Shelbyville, IN 46176
Commercial Sale, Shelbyville, IN
Property SizeContact for details
Lot Size0.06 Acres
Days on Market132
Property Features for 29 Public Square
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMERCIAL
Parking features
On Street
Middle school
Shelbyville Middle School
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
731105100141000002
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Orig T Wash Pt Lt 2 29-31 Public Square
Tax Annual Amount
24288
Legal Description
Orig T Wash Pt Lt 2 29-31 Public Square
Utilities
Utilities
Cable Available
Building Details
Year built
1900
Listing Agency:
Carpenter, REALTORS(R)
(317) 738-3737
Listed By:
Claudia Heidelberger
(800) 630-1727
Added: Jun 4
Changed: Oct 8
Last Checked: Oct 13 at 1:06AM
MLS# 22106192
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.
Three mixed-use commercial buildings in downtown Shelbyville comprise a portfolio with apartments, office space, and retail space. The properties require substantial construction work, and vacant areas need improvement and leasing before they are ready for occupancy. The offering includes a mix of uses across the buildings, with commercial zoning. On-street parking serves the properties.
Key Highlights
- Three mixed‑use commercial buildings in downtown Shelbyville
- Includes apartment, office, and retail space
- Substantial construction and lease‑up work remains
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
784
Businesses Nearby
60k
Monthly Visits Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Downtown Shelbyville holdings combine apartment, office, and retail space under commercial zoning.
Where is this mixed-use property located?
The property is located at 29 Public Square Shelbyville, IN.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Three mixed‑use commercial buildings in downtown Shelbyville; Includes apartment, office, and retail space; Substantial construction and lease‑up work remains
