Shelbyville Retail Investment
For Sale
$1,525,000
875 Union Street, Shelbyville, TN 37160
Retail building with upside potential in Shelbyville, Tennessee.
Property Size18,595 SF
Price / SF$82.01
Days on Market260
Property Features for 875 Union Street
General Information
Standard status
Active
Size
18,595 SF
Property subtype
Commercial
Building Details
Year Built
1974
Listing Agency:
BENCHMARK REALTY, LLC
(615) 995-1403
Listed By:
Adam Beach
(615) 995-1403
Source:
Benchmarkrealtytn
Added: Dec 7, 2025
Changed: Aug 23
Last Checked: Aug 22 at 7:33AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
269
Businesses Nearby
Explore this area
Business Placement
Demographics for 37160, TN
36,976
Population
14,130
Households
2.6
Avg Household Size
37
Median Age
16%
College-Educated
83%
High-School Grad
233.3 sq mi
ZIP Area
158
Density / Sq Mi
$58,899
Median Household Income
$34,759
Median Earnings
$924
Median Rent
$257,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
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 Street 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.
