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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 Market56

Property Features for 535 East Hendricks Street

General Information

Standard status Active
Size 1,008 SF
Property subtype Retail, Industrial

Building Details

Year Built 1977
Listing Agency: EXP REALTY - IN HOMES TODAY
Listed By: The Wischmeier Group · License #RB14029982
Source: Crexi
Added: Jun 12 Changed: Jul 10 Last Checked: Aug 5 at 10:18AM

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

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 Real Estate Agency

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

817
Businesses Nearby
Under-served
Demand for This Use

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Similar Off Market Nearby

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