Shelbyville Land Parcel For
For Sale
Contact for pricing
Eastern Ave, Shelbyville, IN 46176
Two lots, previously parking, suitable for redevelopment.
Property SizeContact for details
Days on Market994
Property Features for Eastern Ave
General Information
Standard status
Active
Property subtype
Land
Zoning
R-1
Listing Agency:
Carpenter Realtors
Listed By:
Stan Comer, ABR, GRI · License #RB14021312
(800) 630-1727
Source:
Crexi
Added: Feb 6, 2024
Changed: Oct 25
Last Checked: Oct 26 at 3:38PM
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 Carpenter Realtors
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Investment Insights
Based on property information with market context.
Two lots are being sold together and are subject to a common closing with 1415 E. Michigan Road. These lots previously served as parking for the former Fiddlers Three Restaurant. According to Shelbyville Planning & Building, both lots are zoned R-1 and can continue to be used for parking. Any change in use would require a re-zone, with Business Highway (BH) appearing to be the most appropriate class, and redevelopment under those guidelines.
Key Highlights
- Two adjacent lots being sold together.
- Currently zoned R‑1 and approved for parking use.
- Served as parking for a former restaurant.
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Location Intelligence
Trade Area within ½ mile
333
Businesses Nearby
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Business Placement
Demographics for 46176, IN
28,401
Population
12,724
Households
2.2
Avg Household Size
40
Median Age
19%
College-Educated
90%
High-School Grad
169.5 sq mi
ZIP Area
168
Density / Sq Mi
$66,045
Median Household Income
$40,330
Median Earnings
$962
Median Rent
$172,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Two lots, previously parking, suitable for redevelopment.
Where is this commercial land located?
The property is located at Eastern Ave Shelbyville, IN.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Two adjacent lots being sold together.; Currently zoned R‑1 and approved for parking use.; Served as parking for a former restaurant.
