1837 Michigan Rd Shelbyville, IN 46176
- Turn key restaurants
- 1,296 SF
- 1.20 lot acres
Current Use by Public Records
- Bear's Den / American Restaurant
Property Details for 1837 Michigan Rd
- Year built
- 1954
- Lot size
- 1.20 lot acres
- Property size
- 1,296 SF
- Property type
- Turn key restaurants
- APN
- 73-11-04-400-002.000-002
- APU
- 731104400002000002
Description
This exceptional commercial property, located at 1837 E Michigan Road in Shelbyville, Indiana, presents a unique investment opportunity. Boasting a substantial 1.2-acre lot, this property offers significant potential for a variety of business ventures. The existing 1,800 square foot building has served as the well-established Bears Den restaurant since 1977, demonstrating its suitability for a food service establishment or similar high-traffic business. The property's Business Highway zoning allows for a wide range of uses, making it an attractive option for entrepreneurs seeking a high-visibility location. Its prime location in a desirable Shelbyville area ensures excellent accessibility and exposure to a large customer base. The substantial lot size provides ample space for expansion, outdoor seating, or additional development. This turnkey opportunity combines a proven location with the flexibility to adapt to a diverse range of business plans. The property is priced at $597,000 and is ready for immediate occupancy. Don't miss this chance to acquire a valuable commercial asset in a thriving Shelbyville community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Shelbyville
- County
- Shelby
- State
- Indiana
- Longitude
- -85.7511
- Latitude
- 39.518
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
