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Shelby County, IN Retail Properties & Spaces for Sale

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Mixed-Use Retail and Residential Building
Updated: Nov 19, 2025
Mixed-Use Retail and Residential Building

12 S Harrison Street, Shelbyville, IN 46176

$574,900
0.06 AC lot
High annual income of over $50,000 from three fully leased storefronts.
Significant value‑add potential with 4,000+ sq ft of partially finished residential space for lofts, short‑term rentals, or office/studio conversions.
Prime location in the heart of Downtown Shelbyville's revitalized brick streetscape.
High visibility and strong foot traffic.
Stable tenants and flexible downtown commercial zoning.
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Historic Grocery Storefront Property
Updated: Jun 16
Historic Grocery Storefront Property

109 W Washington Street, Fairland, IN 46126

$199,000
0.13 AC lot
Historical building formerly known locally as "Mr. T's"
Longtime local store that operated for many years
Was the only grocery store in town until a couple of years ago
Previously sold pizza and offered a cold cut meat department
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Retail Investment Opportunity in Shelbyville
Retail Investment Opportunity in Shelbyville

570 Saraina Rd, Shelbyville, IN 46176

Contact for pricing
12,375 sqft

Prime retail investment opportunity in Shelbyville, Indiana.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Flexible Office and Retail Building
Flexible Office and Retail Building

535 East Hendricks Street, Shelbyville, IN 46176

Contact for pricing
1,008 sqft

Street-front commercial building with dedicated parking and a flexible interior layout for office, retail, or service use.

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Leased Retail Portfolio
Leased Retail Portfolio

8580 N Michigan Rd, Fountaintown, IN 46130

Contact for pricing
20,000 sqft

Three retail locations are 100% leased to national-credit tenants with a 3.55-year weighted average lease term.

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Shelbyville Mixed-Use Redevelopment Opportunity
Shelbyville Mixed-Use Redevelopment Opportunity

134 E Jackson St, Shelbyville, IN 46176

Contact for pricing
61,479 sqft

Redevelop entire block in Shelbyville's Central Business District.

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Retail Pad Site in Grocery Lot
Retail Pad Site in Grocery Lot

1601 E Michigan Rd, Shelbyville, IN 46176

Contact for pricing

Retail pad located within a Kroger parking lot; dimensions vary by tenant needs.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in Shelby County, IN, we suggest exploring several alternatives: similar 65 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

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.

Prime Location Land For Sale
Prime Location Land For Sale

1007 North Riley Highway, Shelbyville, IN 46176

Contact for pricing
1.00 AC lot

One acre of land in a high-traffic location.

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Corner Commercial Development Land
Corner Commercial Development Land

S State Street, Greenfield, IN 46140

$695,000
3.51 AC lot

Commercial corner parcel with extensive road frontage and municipal utilities available for a range of development uses.

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Roadside Business Development Land
Roadside Business Development Land

7221 US 31 S, Edinburgh, IN 46124

$6,000,000
19.70 AC lot

19.7-acre roadside business site with 2,270 ft frontage and 13,551 VPD along US 31.

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3.53 Acres on Post Road
3.53 Acres on Post Road

4045 N Post Rd, Indianapolis, IN 46226

$265,200
3.53 AC lot

Land with religious and residential zoning in mixed-use area.

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Off-Market Properties in Shelby County, IN

Consider similar Off-Market properties in Shelby County, 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.

103 Washington St
RETAIL STORES (PERSONAL SERVICES)

103 Washington St, Waldron, IN 46182

Value Estimation by Request
720 sqft 0.02 AC lot
View details
114 Lee Blvd
SHOPPING CENTER, STRIP CENTER

114 Lee Blvd, Shelbyville, IN 46176-3403

Value Estimation by Request
14,496 sqft 1.43 AC lot
View details
823 State Rd 44
AUTO REPAIR, GARAGE

823 State Rd 44, Shelbyville, IN 46176

Value Estimation by Request
2,880 sqft 0.72 AC lot
View details
860 Elston Dr
PARKING LOT

860 Elston Dr, Shelbyville, IN 46176-1823

Value Estimation by Request
3.00 AC lot
View details
52 Washington St
RETAIL STORES (PERSONAL SERVICES)

52 Washington St, Shelbyville, IN 46176-1351

Value Estimation by Request
2,970 sqft 0.11 AC lot
View details
2 Van Ave, Unit 4
RETAIL STORES (PERSONAL SERVICES)

2 Van Ave, Shelbyville, IN 46176-2636

Unit 4
Value Estimation by Request
3,190 sqft 0.13 AC lot
View details
1658 State Rd 44
RESTAURANT

1658 State Rd 44, Shelbyville, IN 46176-1844

Value Estimation by Request
1,000 sqft 0.43 AC lot
View details
1010 State Rd 44
RETAIL STORES (PERSONAL SERVICES)

1010 State Rd 44, Shelbyville, IN 46176-1770

$1,055,000
Estimated value
14,859 sqft 3.57 AC lot
View details
825 State Rd 44
AUTO REPAIR, GARAGE

825 State Rd 44, Shelbyville, IN 46176-1758

Value Estimation by Request
4,234 sqft 1.20 AC lot
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719 State Rd 44
AUTO REPAIR, GARAGE

719 State Rd 44, Shelbyville, IN 46176-1756

Value Estimation by Request
3,528 sqft 0.36 AC lot
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2503 State Rd 44th, Unit 2551
SHOPPING CENTER, STRIP CENTER

2503 State Rd 44th, Shelbyville, IN 46176-1884

Unit 2551
$635,000
Estimated value
90,612 sqft 13.06 AC lot
View details
34 38th E Washington St
RETAIL STORES (PERSONAL SERVICES)

34 38th E Washington St, Shelbyville, IN 46176

Value Estimation by Request
6,690 sqft 0.10 AC lot
View details
17 Harrison St
RETAIL STORES (PERSONAL SERVICES)

17 Harrison St, Shelbyville, IN 46176-1307

Value Estimation by Request
3,428 sqft 0.03 AC lot
View details
418 Miller Ave
RETAIL STORES (PERSONAL SERVICES)

418 Miller Ave, Shelbyville, IN 46176-1934

Value Estimation by Request
1,929 sqft 0.08 AC lot
View details
1303 Harrison St
AUTO REPAIR, GARAGE

1303 Harrison St, Shelbyville, IN 46176-2766

Value Estimation by Request
2,874 sqft 0.51 AC lot
View details
8700 State Rd 9th 9
RETAIL STORES (PERSONAL SERVICES)

8700 State Rd 9th 9, Flat Rock, IN 47234-8700

Value Estimation by Request
1,800 sqft 2.50 AC lot
View details
857 Harrison St
RETAIL STORES (PERSONAL SERVICES)

857 Harrison St, Shelbyville, IN 46176-2612

Value Estimation by Request
3,136 sqft 0.06 AC lot
View details

Shelby County, IN Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Shelby County, IN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 94,862 square feet of properties for sale, with an estimated market value of $773,900.

Sale prices for stores in Shelby County, IN start at $199,000, averaging $386,950, and reaching up to $574,900 — 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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