Shelbyville, IN Mixed-use properties for sale

Updated: Nov 19, 2025

Mixed-Use Property with Storefronts

12 S Harrison Street, Shelbyville, IN 46176

$499,900

0.06 AC lot

Two parcels with three fully leased storefronts
4,000+ sq ft of partially finished residential space on the second floor
BG - Business General zoning
2024 INDOT traffic count: 25,000
1900 construction with membrane and rubber roof

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Updated: Jul 5

Mixed-Use Property with Concrete Drive

640 Miller Street, Shelbyville, IN 46176

$50,000

3,000 sqft

3,000‑square‑foot building constructed in 1945
Complete remodel required; offered in as‑is condition
Mixed‑use, multi‑unit, and rental possibilities identified
Concrete driveway beside the building
Street parking available

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Shelbyville Mixed-Use Redevelopment Opportunity

134 E Jackson St, Shelbyville, IN 46176

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61,479 sqft

Redevelop entire block in Shelbyville's Central Business District.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Renovated Two-Tenant Mixed-Use Property

428 E Washington St, Shelbyville, IN 46176

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Main level combines expansive open space with a private office and ADA restroom.

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 4 Active listings in Shelbyville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property with Pole Barn

5354 Elmwood Ave, Indianapolis, IN 46203

Contact for pricing

1.21 AC lot

Home-office configuration includes ADA access, central air, and a fenced rear area.

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Mixed-Use Property with Apartment

80 N Jackson Street, Franklin, IN 46131

$370,000

0.12 AC lot

Downtown building combines a commercial storefront with residential space, private entrances, and off-street parking.

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Mixed-Use Property with Garages

9042 E WASHINGTON ST., Indianapolis, IN 46229

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C3-zoned property combines retail space, residential areas, multiple buildings, garages, and on-site parking.

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Mixed-Use Building with Storefronts

71 E Jefferson Street, Franklin, IN 46131

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Fully rented property combining street-level storefronts with residential apartments.

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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.

Commercial Land with Road Frontage

6516 N Us Highway 31, Whiteland, IN 46184

$695,000

5.55 AC lot

SR-zoned commercial land with an existing curb cut and on-site gas and electric.

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C5-Zoned Corner Commercial Land

828 Shelby Street, Indianapolis, IN 46203

$265,000

0.14 AC lot

Corner commercial parcel with available utilities and public sewer service.

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Residential Lots in Revitalizing Neighborhood

237 Jefferson Avenue, Indianapolis, IN 46201

$60,000

0.13 AC lot

Vacant lot in up-and-coming Near-Eastside neighborhood, close to Downtown.

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Buildable Commercial Lot with Approved Plans

909 Wright Street, Indianapolis, IN 46203

$49,900

0.03 AC lot

Zoned commercial buildable lot with MDC approval for a 1-car garage and 1,200+ sq ft home.

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Off-Market Properties in Shelbyville, IN

Consider similar Off-Market properties in Shelbyville, 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.

Mixed-use properties

39 Washington St, Shelbyville, IN 46176

Value Estimation by Request

3,984 sqft 0.30 AC lot

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Shelbyville, IN Mixed-Use Properties Market Trends and Statistics

Explore 5 mixed-use properties for sale in Shelbyville, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 64,479 square feet of properties for sale, with an estimated market value of $549,900.

Sale prices for multi use buildings in Shelbyville, IN start at $50,000, averaging $274,950, and reaching up to $499,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
46176	$275K

Neighborhood

Average Price

46176

$275K