875 Union St Shelbyville, TN 37160
Retail building with upside potential in Shelbyville, Tennessee.
Property size:
18,595 SFLot size:
1.67 AcresProperty Features for 875 Union St
General Information
- Standard status
- Active
- Size
- 18,595 SF
- Lot size
- 1.67 Acres
Building Details
- Year built
- 1974
Source:
Corcoran
Listing Agency: BENCHMARK REALTY, LLC Listing Agent: Adam Beach
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Shelbyville Retail Investment Opportunity
This retail investment opportunity is located in the heart of Shelbyville, Tennessee. The retail building is well-located and currently fully occupied, with the exception of a 4,388 square foot storage space situated at the rear of the property. This vacant space offers immediate upside through lease-up or alternative use. The property benefits from a stable existing tenant base. A new roof has recently been installed, reducing near-term capital expenditure concerns and enhancing long-term asset durability. Significant opportunity for rent growth exists, as current rents remain below market. Investors have a clear path to rent improvement through renewals, repositioning, or future leasing strategies. Combined with the vacant storage component, this asset offers both in-place cash flow and value-add potential. Strategically positioned along Union Street, the property enjoys strong visibility and convenient access to Shelbyville’s commercial corridors, making it an attractive long-term hold for investors seeking stable income with upside. The property size is 18,595 square feet.
Location Intelligence
Current Use by Public Records
Shelbyville Bjj Academy
Training Center
Definite Wellness Shelbyville
Gym & Fitness Center
Little Eagles Nest
High School
Revenue Department-Sales Tax ...
Local Government Office
Cutting Edge Optical
Ophthalmologist
Location Insight
- Map
- Local Demand
- City
- Shelbyville
- County
- Bedford
- State
- Tennessee
- Longitude
- -86.474241
- Latitude
- 35.49566
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FAQs
What type of property is this?
Retail space - Retail building with upside potential in Shelbyville, Tennessee.
Where is this retail space located?
The property is located at 875 Union St Shelbyville, TN.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: - Significant opportunity for rent growth due to below-market rents.; - Value-add potential through lease-up or alternative use of the 4,388 SF vacant storage space.; - Stable in-place cash flow from existing tenants.
