Eastern Ave Shelbyville, IN 46176

This exceptional 0.36-acre commercial land parcel, located on Eastern Avenue in Shelbyville, Indiana, presents a unique investment opportunity. Currently zoned R-1, the property (APN 731104100081000002) offers flexibility for various uses, including continued use as parking, as it previously served this purpose for the former Fiddlers Three Restaurant. The asking price is $120,000, translating to $333,333 per acre. Situated in Shelby County, Indiana, with a zip code of 46176, this property's location provides convenient access to local amenities and transportation routes. While currently zoned R-1, the Shelbyville Planning & Building Department indicates that a rezoning might be necessary for alternative uses, with Business Highway (BH) zoning potentially being the most suitable classification for redevelopment. This property is being sold in conjunction with another parcel (1415 E. Michigan Road, Blc 21956964), with both sales subject to a common closing. This presents a compelling opportunity for investors seeking a strategically located land parcel with potential for diverse development options. The property's size and zoning make it an attractive prospect for various commercial ventures, subject to necessary approvals and permits. Detailed information regarding zoning regulations and potential redevelopment scenarios is readily available from the Shelbyville Planning & Building Department.