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Flexible Office and Retail Building
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535 East Hendricks Street, Shelbyville, IN 46176

Street-front commercial building with dedicated parking and a flexible interior layout for office, retail, or service use.

Property Size1,008 SF
Price / SF$446.43
Days on Market103

Property Features for 535 East Hendricks Street

General Information

Standard status Active
Size 1,008 SF
Class A
Property subtype Retail, Industrial
Zoning Commercial
Investment Type Owner/User

Building Details

Year Built 1977
Buildings 1
Listing Agency: EXP REALTY - IN HOMES TODAY
Listed By: The Wischmeier Group · License #RB14029982
Source: Crexi
Added: Jun 12 Changed: Sep 9 Last Checked: Sep 21 at 5:38AM

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 EXP REALTY - IN HOMES TODAY

Investment Insights

Based on property information with market context.

This well-located commercial building at 535 East Hendricks Street offers a flexible interior layout that can support office, retail, or service-based operations. The property includes dedicated parking, street-front exposure, and existing utility infrastructure to support day-to-day occupancy. Buyer to verify zoning and permitted uses for the intended business.

The building is positioned for convenient access to Downtown Shelbyville, with quick connectivity to SR 9 and I-74. Its street-front presence is designed to support walk-up and drive-by visibility, while the dedicated parking helps accommodate customers, staff, and vendors.

For tenants and owner-operators seeking an adaptable space, the mix of street frontage, on-site parking, and utility infrastructure can help reduce initial buildout constraints. The layout is suited to a range of professional services, boutique retail concepts, or small business uses, subject to confirming permitted uses with the local jurisdiction.

Key Highlights

  • Commercial building built in 1977 on E Hendricks St
  • Street‑front exposure with dedicated parking
  • Flexible interior layout suitable for office, retail, or service‑based operations

Property Analytics

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Current Use

Prairie Built Barns ... Home Decor Store Tobin's Heavy Duty ... Auto Repair Shop

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Parking Lot & Garage Pharmacy Dental Office

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

766
Businesses Nearby
85k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 71% Dining 27% Electronics 1% Home Improvements & Furnishings 1%
Dollar Tree Shops & Services
13,079 visits/mo 0.4 miles
Wendy's Dining
12,222 visits/mo 0.4 miles
Speedway Shops & Services
8,777 visits/mo 0.4 miles
Dollar General Shops & Services
8,703 visits/mo 0.1 miles
PNC Bank Shops & Services
6,439 visits/mo 0.5 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Kroger Floral Department 1601 E Michigan Rd, Shelbyville, IN 46176
  • Drake's Flower Patch 11 E South St, Shelbyville, IN 46176

Frequently Asked Questions

What type of property is this?
Storefront property - Street-front commercial building with dedicated parking and a flexible interior layout for office, retail, or service use.
Where is this storefront property located?
The property is located at 535 East Hendricks Street Shelbyville, IN.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Commercial building built in 1977 on E Hendricks St; Street‑front exposure with dedicated parking; Flexible interior layout suitable for office, retail, or service‑based operations
(404) 689-4408 Call to check price and availability
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