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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

18 Public Square Shelbyville, IN 46176 Shelbyville, IN 46176

Built 1869
Property ID
Property summary
AI-generated overview

Prime restaurant space located on the Public Square in downtown Shelbyville. The space lies within the historic J.G. DePrez building which is also home to Shelbyville's premier event center, Blessing's Opera House, and the soon-to-be Alley Tap Bar. Both of these tenants are a great compliment to any restaurant. In 2022, Shelbyville completed the renovation of the Public Square with new streetscape, lighting and public areas making it more walkable and pedestrian friendly. During warmer months, the Public Square is host to various community events bringing in residents and visitors from all over. *Note: All FF&E currently in the space and/or in the space at anytime while touring, with the exception of the fire suppression hood, is not included in the lease rate but is available for purchase. A list of items is available upon request. The list is subject to change at anytime* Location Description Located just southeast of Indianapolis, Shelbyville is one of the best kept secrets in central Indiana. Shelbyville blends the charm and comforts of small-town living while providing various opportunities, amenities and a short drive to an urban center. Looking toward the future, The City of Shelbyville has embarked on a new campaign, Next Door. Next Level., aiming to attract new businesses, encourage development and growth for the city and bring in visitors from all over. Come join the rich history and heritage of the City of Shelbyville as they grow. Highlights Restaurant space in the heart of Shelbyville Located within the Riverfront District Historic building with tremendous charm and character Parking lot and on-street parking

Property profile
Verified
Property type Retail properties & Spaces
Year built 1869
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
Current use
Occupant on record · Public records
  • Pudder's Restaurant
  • Blessings Opera House Wedding Service
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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