1837 E Michigan Rd Shelbyville, IN 46176
Property Lookup
Property profile & analytics
1837 E Michigan Rd Shelbyville, IN 46176
- Turn key restaurants
- 1,296 SF
- 1.20 lot acres
Property ID
US31-2266104
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Bear's Den / Restaurant
Property Details for 1837 E 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 Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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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
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,687
$77,700
$54,500
$132,200
-
$77,700
$54,500
$132,200
