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    Shelbyville, IL Retail Properties for Sale

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    Established Welding Business on Highway 16
    $329,000
    1.80 Acres

    Established Welding Business on Highway 16

    1970 State Highway 16, Shelbyville, IL 62565

    Turnkey welding business with equipment, inventory, and strong local reputation.

    • Turnkey welding business with equipment and inventory included (valued at over $225,000) for seamless operations.
    • Prime location on State Highway 16, directly across from Lake Shelbyville Dam, offering excellent visibility and high traffic.
    • Established business with a strong local reputation and dependable customer base built over decades.
    • Diversified revenue streams beyond traditional welding, including cylinder services, machining, wholesale materials, and mobile welding.
    • Substantial 5,900 sq ft shop with concrete floor, insulation, and natural gas heat, suitable for large projects and equipment storage.
    Updated: Oct 24, 2025
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    Shelbyville Retail Investment Opportunity
    $350,000
    4,600 SF

    Shelbyville Retail Investment Opportunity

    105 Main St, Shelbyville, IL 62565

    Turnkey Retail Building, High Occupancy

    • $350,000 asking price for a fee simple ownership.
    • 4,600 square foot retail storefront in Shelbyville, IL.
    • 100% occupied multi‑tenant property with two units.
    • $76.09 price per square foot.
    • Built in 1885.
    Updated: Dec 11, 2024
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Shelbyville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Explore Opportunities in Nearby Cities

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

    Highway 121 Retail/Restaurant Opportunity
    Contact for pricing

    Highway 121 Retail/Restaurant Opportunity

    High-traffic location with existing equipment and flexible lease options.

    381 State Highway 121, Bethany, IL 61914
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    Bethany Retail Space - Prime Location
    $1,250,000
    7,500 SF

    Bethany Retail Space - Prime Location

    High-traffic retail space, excellent visibility.

    348 State Highway 121, Bethany, IL 61914
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    Dollar General Plus - Mattoon, IL
    $2,124,439
    10,566 SF

    Dollar General Plus - Mattoon, IL

    10,566 SF, 15-Year NNN Lease, 6.60% Cap Rate

    1717 Lake Land Blvd, Mattoon, IL 61938
    View details
    Turnkey Investment Property with Expansion Potential
    $495,000

    Turnkey Investment Property with Expansion Potential

    Leased retail spaces with vacant lot for future development.

    921 Lake Land Blvd, Mattoon, IL 61938
    View details

    Shelbyville, IL Retail Properties Investment Opportunities Market Analysis

    Explore 2 retail properties for sale in Shelbyville, IL on our real estate platform. These investment opportunities span a total of 78,408 square feet of properties for sale, with an estimated market value of $329,000.

    Sale prices for stores in Shelbyville, IL start at $329,000, averaging $329,000, and reaching up to $329,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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