1621 Michigan Rd Shelbyville, IN 46176
This exceptional restaurant opportunity is located at 1621 East Michigan Road in Shelbyville, Indiana, within the bustling Kroger Plaza Shopping Center. The property boasts a generous 5,020 square feet of space, previously occupied by Buffalo Wild Wings, making it ideally suited for a variety of restaurant concepts. The layout includes ample space for both indoor dining and a dedicated outdoor seating area, perfect for enjoying the Shelbyville climate. The building's prime corner location within the shopping center ensures high visibility and accessibility for potential customers. Abundant parking is available for both employees and patrons, providing a convenient and comfortable experience. The property's location in the Kroger Plaza Shopping Center benefits from the significant foot traffic generated by the anchor tenant and other businesses within the plaza. This turnkey space offers a significant advantage for a new restaurant looking to establish a strong presence in the Shelbyville market. The address is 1621 E Michigan Rd, Shelbyville, IN 46176. The property is classified as retail, with a restaurant subtype and multiple tenancy. This is a truly exceptional opportunity to secure a well-established and highly visible restaurant space in a thriving Shelbyville shopping center.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.