Shelby County, IN Mixed-use properties for sale

Downtown Shelbyville Investment Opportunity

$574,900

6,960 SF

Downtown Shelbyville Investment Opportunity

12 S Harrison Street, Shelbyville, IN 46176

Three fully leased storefronts with value-add residential space.

High annual income of over $50,000 from three fully leased storefronts.
Significant value‑add potential with 4,000+ sq ft of partially finished residential space for lofts, short‑term rentals, or office/studio conversions.
Prime location in the heart of Downtown Shelbyville's revitalized brick streetscape.
High visibility and strong foot traffic.
Stable tenants and flexible downtown commercial zoning.

Updated: Nov 19, 2025

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Shelbyville Mixed-Use Redevelopment Opportunity

$3,500,000

61,479 SF

Shelbyville Mixed-Use Redevelopment Opportunity

134 E Jackson St, Shelbyville, IN 46176

Redevelop entire block in Shelbyville's Central Business District.

Redevelopment opportunity for an entire block in Shelbyville's Central Business District
Potential for mixed‑use development
Currently generating $12,000 a month in income
Located in a growing market
Comprises five properties

Updated: Feb 3

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$499,900

4,500 SF

Shelbyville Mixed-Use Property For Sale

4,500 sq ft mixed-use property with recent renovations.

925 Virginia Street, Shelbyville, IN 46176

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 3 Active listings in Shelby County, IN, we suggest exploring several alternatives: similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Whiteland Development Opportunity on US 31

$695,000

5.55 Acres

Whiteland Development Opportunity on US 31

5.5 acre parcel on high-visibility corridor, ideal for development.

6516 N Us Highway 31, Whiteland, IN 46184

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Whiteland Land with Development Potential

$1,695,000

10.50 Acres

Whiteland Land with Development Potential

Over 10 acres with residential and commercial zoning.

6540 N Us Highway 31, Whiteland, IN 46184

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$799,000

4.06 Acres

Greenwood Commercial Land For Sale

4.055 acre commercial parcel in active Greenwood corridor.

585 North Emerson Avenue, Greenwood, IN 46143

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Residential Lots Overlooking Pleasant Run

$80,000

1.97 Acres

Residential Lots Overlooking Pleasant Run

1.97+/- acre residential lots with utilities in Indianapolis, IN.

0 Bluff Road, Indianapolis, IN 46217

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Off-Market Properties in Shelby County, IN

Consider similar Off-Market properties in Shelby County, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Manufacturing properties

5,160 SF

Value Estimation by Request

316 Wood St, Morristown, IN 46161

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Mixed-use properties

3,984 SF Lot: 0.30 Acres

Value Estimation by Request

39 Washington St, Shelbyville, IN 46176

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Shelby County, IN Mixed-Use Properties Investment Opportunities Market Analysis

Explore 5 mixed-use properties for sale in Shelby County, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 72,939 square feet of properties for sale, with an estimated market value of $4,574,800.

Sale prices for multi use buildings in Shelby County, IN start at $499,900, averaging $1,524,933, and reaching up to $3,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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