Shelbyville, 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 12 Potential Opportunities for your consideration. Besides 3 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.

Indianapolis Mixed-Use Investment Opportunity

$270,000

1,300 SF

Indianapolis Mixed-Use Investment Opportunity

Mixed-use property with C3 zoning near Greenwood Park Mall.

7110 Madison Avenue, Indianapolis, IN 46227

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$695,000

1,148 SF

Whiteland Mixed-Use Property For Sale

3.63 acre mixed-use property with high visibility and traffic.

529 N Us Highway 31, Whiteland, IN 46184

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$270,000

1,300 SF

Mixed-Use Property Near Greenwood Mall

Two buildings on 0.64 acres with C3 zoning.

7110 Madison Avenue, Indianapolis, IN 46227

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Versatile Commercial Property on 3.63 Acres

$695,000

1,148 SF

Versatile Commercial Property on 3.63 Acres

Commercial property with C2 zoning, high visibility, and traffic counts.

529 N Us Highway 31, Whiteland, IN 46184

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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.

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 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

3,984 SF Lot: 0.30 Acres

Value Estimation by Request

39 Washington St, Shelbyville, IN 46176

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Shelbyville, IN Mixed-Use Properties Investment Opportunities Market Analysis

Explore 4 mixed-use properties for sale in Shelbyville, 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 Shelbyville, 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.

Neighborhood	Average Price
46176	$1.5M

Neighborhood

Average Price

46176

$1.5M

Shelbyville, IN Mixed-use Properties for Sale

Downtown Shelbyville Investment Opportunity

Three fully leased storefronts with value-add residential space.