Shelbyville Retail Investment
875 Union St Shelbyville, TN 37160
875 Union St, Shelbyville, TN, 37160
$1,525,000
For Sale
$1,525,000
Retail building with upside potential in Shelbyville, Tennessee.
Property Size18,595 SF
Lot Size1.67 Acres
Price / SF$82.01
Days on Market187
Property Features for 875 Union St
General Information
- Standard status
- Active
- Size
- 18,595 SF
- Lot size
- 1.67 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1974
Listing Agency
BENCHMARK REALTY, LLC
(615) 809-2323
Listed by
ADAM BEACH
Source
Corcoran
Added: Jan 13 Checked: Jul 19 at 4:41 am
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 BENCHMARK REALTY, LLC
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
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
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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 $1,525,000.
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.
