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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1621 Michigan Rd Shelbyville, IN 46176

5,020 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 5,020 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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