Restaurants

Shelbyville, IN Restaurants for Sale

Notify Me
List
Map
Fairland, IN Edinburgh, IN Morristown, IN Fountaintown, IN Gwynneville, IN Franklin, IN Arlington, IN New Palestine, IN
Restaurant With Commercial Kitchens
Updated: Dec 19, 2023
Restaurant With Commercial Kitchens

1415 E Michigan Road, Shelbyville, IN 46176

$279,000
0.35 AC lot
Restaurant property on 0.35 acres at 1415 E Michigan Road, Shelbyville, IN 46176
Business Highway (BH) zoning
Multiple dining and meeting rooms with 4 bathrooms and 4 fireplaces
Two kitchens and cook lines with flattop, fryers, grill, stove, and ovens
Includes 1 walk‑in cooler, 1 walk‑in freezer, prep station, bar, and multiple coolers
View details
Shelbyville Restaurant with Highway Visibility
Updated: Dec 20, 2023
Shelbyville Restaurant with Highway Visibility

1415 E Michigan Rd, Shelbyville, IN 46176

Contact for pricing
4,936 sqft
Terrific visibility on St. Rd. 44, a major thoroughfare.
Business Highway (BH) zoning allows for diverse business applications.
Fully equipped with 2 kitchens and cook lines, including flattop, fryers, grill, stove, and ovens.
Includes walk‑in cooler and walk‑in freezer.
Multiple dining and meeting rooms suitable for various events.
View details
Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 48 Potential Opportunities for your consideration. Besides 2 Active listings in Shelbyville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 38 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Two-Story Mixed-Use Building
Historic Two-Story Mixed-Use Building

2155 N 700 W, Arlington, IN 46104

$199,999
0.21 AC lot

Commercial zoning supports a storefront and restaurant layout on the first level with additional upper-floor space.

View details
Dutch Bros Drive-Thru NNN Investment
Dutch Bros Drive-Thru NNN Investment

8525 S Emerson Avenue, Indianapolis, IN 46237

Contact for pricing
950 sqft

Newly constructed Dutch Bros drive-thru on an absolute NNN lease with zero landlord responsibilities and contractual rental increases.

View details
Retail Storefront Property
Retail Storefront Property

2155 N 700 W, Arlington, IN 46104

$199,999

Retail storefront property offered for sale with GPS-friendly directions and located in Rush County.

View details
Established Bar & Pub with Kitchen
Established Bar & Pub with Kitchen

7628 Southeastern Avenue, Indianapolis, IN 46239

$675,000
0.65 AC lot

Operating venue with food-service infrastructure, a pool table, and an outdoor seating area.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Corner Lot for Development
Corner Lot for Development

5300 Southeastern Avenue, Indianapolis, IN 46203

$54,900
0.38 AC lot

Buildable lot with no HOA and seller financing availability in Indianapolis, zoned C1/C2.

View details
Commercial Land with MU-2 Zoning
Commercial Land with MU-2 Zoning

1739/1795 N Shadeland Avenue, Indianapolis, IN 46219

$250,000
0.58 AC lot

Two-lot commercial land parcel with MU-2 zoning and public sewer service.

View details
Interstate-Adjacent Commercial Land
Interstate-Adjacent Commercial Land

S State Road 109, Knightstown, IN 46148

$499,000
5.30 AC lot

Cleared development parcel near an interstate exit ramp, with commercial rezoning required and well and septic installation anticipated.

View details
Corner Commercial Land
Corner Commercial Land

1401 S Meridian Street, Indianapolis, IN 46225

$72,900
0.12 AC lot

Level corner parcel with frontage on two city streets and utilities already in place.

View details

Off-Market Properties in Shelbyville, IN

Consider similar Off-Market properties in Shelbyville, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1658 State Rd 44
RESTAURANT

1658 State Rd 44, Shelbyville, IN 46176-1844

$255,000
Estimated value
1,000 sqft 0.43 AC lot
View details
2103 Intelliplex Dr
RESTAURANT

2103 Intelliplex Dr, Shelbyville, IN 46176-8538

$335,000
Estimated value
7,119 sqft 1.73 AC lot
View details
420 Eastern Ave
RESTAURANT

420 Eastern Ave, Shelbyville, IN 46176-1764

$290,000
Estimated value
8,200 sqft 0.06 AC lot
View details
360 Broadway St
RESTAURANT

360 Broadway St, Shelbyville, IN 46176-1777

$235,000
Estimated value
1,040 sqft 0.13 AC lot
View details
2501 State Rd 44
RESTAURANT

2501 State Rd 44, Shelbyville, IN 46176-1884

$300,000
Estimated value
2,685 sqft 0.86 AC lot
View details
318 Harrison St
RESTAURANT

318 Harrison St, Shelbyville, IN 46176-1312

$130,000
Estimated value
3,258 sqft 0.26 AC lot
View details
1930 Morristown Rd
RESTAURANT

1930 Morristown Rd, Shelbyville, IN 46176-9408

$315,000
Estimated value
4.05 AC lot
View details
2035 Riley Hwy
RESTAURANT

2035 Riley Hwy, Shelbyville, IN 46176-9465

$335,000
Estimated value
3,303 sqft 1.08 AC lot
View details
1792 Riley Hwy
RESTAURANT

1792 Riley Hwy, Shelbyville, IN 46176-9405

$360,000
Estimated value
0.78 AC lot
View details
1646 State Rd 44
RESTAURANT

1646 State Rd 44, Shelbyville, IN 46176-1844

$280,000
Estimated value
1,955 sqft 0.46 AC lot
View details
1810 Riley Hwy
RESTAURANT

1810 Riley Hwy, Shelbyville, IN 46176-9171

$275,000
Estimated value
1.56 AC lot
View details
2541 State Rd 44
RESTAURANT

2541 State Rd 44, Shelbyville, IN 46176-1884

$350,000
Estimated value
3,466 sqft 0.95 AC lot
View details
110 Lee Blvd
RESTAURANT

110 Lee Blvd, Shelbyville, IN 46176-3403

$250,000
Estimated value
1,922 sqft 0.76 AC lot
View details
57 Locust St
RESTAURANT

57 Locust St, Shelbyville, IN 46176-2103

$280,000
Estimated value
5,394 sqft 0.14 AC lot
View details
1620 Michigan Rd
RESTAURANT

1620 Michigan Rd, Shelbyville, IN 46176-1890

$255,000
Estimated value
2,444 sqft 0.63 AC lot
View details
350 Broadway St
RESTAURANT

350 Broadway St, Shelbyville, IN 46176-1777

$320,000
Estimated value
3,003 sqft 0.32 AC lot
View details
1147 State Rd 44
RESTAURANT

1147 State Rd 44, Shelbyville, IN 46176-1772

$275,000
Estimated value
4,500 sqft 0.77 AC lot
View details
102 Lee Blvd
RESTAURANT

102 Lee Blvd, Shelbyville, IN 46176-3403

$340,000
Estimated value
5,677 sqft 1.36 AC lot
View details
1830 Marketplace Blvd
RESTAURANT

1830 Marketplace Blvd, Shelbyville, IN 46176-1976

$250,000
Estimated value
2,516 sqft 0.94 AC lot
View details
1107 State Rd 44
RESTAURANT

1107 State Rd 44, Shelbyville, IN 46176-1772

$275,000
Estimated value
2,314 sqft 0.87 AC lot
View details
632 Harrison St
RESTAURANT

632 Harrison St, Shelbyville, IN 46176-2113

$270,000
Estimated value
4,289 sqft 0.36 AC lot
View details
541 Hendricks St
RESTAURANT

541 Hendricks St, Shelbyville, IN 46176-1752

$275,000
Estimated value
2,507 sqft 0.43 AC lot
View details

Shelbyville, IN Restaurants Market Trends and Statistics

Explore 40 restaurants for sale in Shelbyville, IN on our real estate platform. These investment opportunities span a total of 4,936 square feet of properties for sale, with an estimated market value of $279,000.

Sale prices for restaurant properties in Shelbyville, IN average $279,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 4
Coffee shops 3
Bars & Pubs 2
Commercial kitchens 1

Demographics Overview

Population 29K
Population Growth (5Y) +3.5%
Median Household Income $66,045
College Educated 25.8%

High-Yield Neighborhoods for Investment

Identify Shelbyville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46176 $279K

Taxes & Financing

Tax Rate (average for all types) 2.29%
Property Tax per SF $38.44 per SF
Tax Rate vs County Average 0.06 pp above county avg
Average Loan-to-Value 65.0%

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings