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Mixed-Use Building with Apartments
For Sale
Contact for pricing
Pending

711 Main Street, Shelbyville, KY 40065

Main-level retail space is paired with three apartments above.

Property SizeContact for details
Days on Market143

Property Features for 711 Main Street

General Information

Standard status Pending
Property subtype Multifamily

Site & Location

Road Access Yes
Utilities to Site Yes
Listing Agency: SVN | The Martin Group/Kentucky Office
Listed By: Steve Osowicz · License #KY 216418
Source: Crexi
Added: Apr 10 Changed: Aug 29 Last Checked: Aug 29 at 2:05PM

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 SVN | The Martin Group/Kentucky Office

Investment Insights

Based on property information with market context.

Located at 711 Main Street in Shelbyville, Kentucky, this mixed-use property combines a street-level retail area with three residential units on the floors above. The apartment mix includes two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, creating a compact combination of commercial and residential space within one building.

The property has access from Washington Street and includes a small parking area at the rear. Utility responsibilities are divided between the occupants and ownership, with tenants covering electric and gas while the owner pays water. The Main Street setting and blended layout support a straightforward mixed-use configuration in downtown Shelbyville.

Key Highlights

  • Three apartment units above a Main Street retail space
  • Apartment mix includes two 1bd 1ba units and one 2bd 1ba unit
  • Retail component fronts Main Street

Property Analytics

Current Use

Give A Chance Boutique` (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage Pharmacy Storage Facility HVAC Service Grocery & Convenience Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

634
Businesses Nearby

Demographics for 40065, KY

32,729
Population
12,943
Households
2.5
Avg Household Size
37
Median Age
28%
College-Educated
85%
High-School Grad
167.5 sq mi
ZIP Area
195
Density / Sq Mi
$76,813
Median Household Income
$40,767
Median Earnings
$1,002
Median Rent
$254,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Main-level retail space is paired with three apartments above.
Where is this mixed-use property located?
The property is located at 711 Main Street Shelbyville, KY.
What are key features of this property?
This property features: Three apartment units above a Main Street retail space; Apartment mix includes two 1bd 1ba units and one 2bd 1ba unit; Retail component fronts Main Street
More about this property
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