Shelby County, IN Retail properties & Spaces for sale

Downtown Mixed-Use Storefront Investment

$574,900

0.06 Acres

Downtown Mixed-Use Storefront Investment

12 S Harrison Street, Shelbyville, IN 46176

Two-parcel property with three leased storefronts and partially finished second-floor space for adaptive reuse.

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.

Updated: Nov 19, 2025

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$418,000

0.19 Acres

Turnkey Convenience Store and Kitchen

110 W Washington Street, Waldron, IN 46182

Fully renovated convenience store with a beer and wine license and an equipped commercial kitchen for on-site food service.

Mixed‑use property with fully operational convenience store plus grocery business, including both real estate and established business
Beer and wine license in place for the convenience store
Fully equipped commercial kitchen for pizza and fried chicken service, with cooking equipment owned and paid off (excluding the fountain machine under contract)
Major updates: new water heater installed in 2023, and new furnace and A/C unit installed in 2024
Interior recently upgraded to a clean, modern retail environment

Updated: Mar 13

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Retail Investment Opportunity in Shelbyville

$2,189,415

12,375 SF

Retail Investment Opportunity in Shelbyville

Prime retail investment opportunity in Shelbyville, Indiana.

570 Saraina Rd, Shelbyville, IN 46176

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$1,000,000

5,000 SF

Shelbyville Retail Space For Sale

5000 sq ft retail space with expansion potential.

613 E State Road 44, Shelbyville, IN 46176

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Shelbyville Mixed-Use Redevelopment Opportunity

$3,500,000

61,479 SF

Shelbyville Mixed-Use Redevelopment Opportunity

Redevelop entire block in Shelbyville's Central Business District.

134 E Jackson St, Shelbyville, IN 46176

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 5 Active listings in Shelby County, IN, we suggest exploring several alternatives: similar 67 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.

$696,900

1.00 Acre

Prime Location Land For Sale

One acre of land in a high-traffic location.

1007 North Riley Highway, Shelbyville, IN 46176

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$1,900,000

10.00 Acres

Prime Land with High Visibility

10-acre commercial land parcel in fast-growing area.

W 400 N, Shelbyville, IN 46176

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$1,450,000

10.00 Acres

Prime Commercial Land I-74 Visibility

10 acre commercial land parcel with high I-74 visibility.

W 400 N, Shelbyville, IN 46176

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Contact for pricing

0.16 Acres

Centrally Zoned Commercial Lot

Vacant commercial lot in Arlington, positioned beside a general store and post office for flexible business or residential use.

2192 N 700 W, Arlington, IN 46104

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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.

RETAIL STORES (PERSONAL SERVICES)

720 SF Lot: 0.02 Acres

Value Estimation by Request

103 Washington St, Waldron, IN 46182

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SHOPPING CENTER, STRIP CENTER

14,496 SF Lot: 1.43 Acres

Value Estimation by Request

114 Lee Blvd, Shelbyville, IN 46176-3403

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AUTO REPAIR, GARAGE

2,880 SF Lot: 0.72 Acres

Value Estimation by Request

823 State Rd 44, Shelbyville, IN 46176

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PARKING LOT

Lot: 3.00 Acres

Value Estimation by Request

860 Elston Dr, Shelbyville, IN 46176-1823

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RETAIL STORES (PERSONAL SERVICES)

2,970 SF Lot: 0.11 Acres

Value Estimation by Request

52 Washington St, Shelbyville, IN 46176-1351

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RETAIL STORES (PERSONAL SERVICES)

3,190 SF Lot: 0.13 Acres

Value Estimation by Request

Unit 4

2 Van Ave, Shelbyville, IN 46176-2636

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RESTAURANT

1,000 SF Lot: 0.43 Acres

Value Estimation by Request

1658 State Rd 44, Shelbyville, IN 46176-1844

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RETAIL STORES (PERSONAL SERVICES)

14,859 SF Lot: 3.57 Acres

Estimated value

$1,055,000

1010 State Rd 44, Shelbyville, IN 46176-1770

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AUTO REPAIR, GARAGE

4,234 SF Lot: 1.20 Acres

Value Estimation by Request

825 State Rd 44, Shelbyville, IN 46176-1758

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AUTO REPAIR, GARAGE

3,528 SF Lot: 0.36 Acres

Value Estimation by Request

719 State Rd 44, Shelbyville, IN 46176-1756

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SHOPPING CENTER, STRIP CENTER

90,612 SF Lot: 13.06 Acres

Estimated value

$635,000

Unit 2551

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

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RETAIL STORES (PERSONAL SERVICES)

6,690 SF Lot: 0.10 Acres

Value Estimation by Request

34 38th E Washington St, Shelbyville, IN 46176

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RETAIL STORES (PERSONAL SERVICES)

3,428 SF Lot: 0.03 Acres

Value Estimation by Request

17 Harrison St, Shelbyville, IN 46176-1307

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RETAIL STORES (PERSONAL SERVICES)

1,929 SF Lot: 0.08 Acres

Value Estimation by Request

418 Miller Ave, Shelbyville, IN 46176-1934

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AUTO REPAIR, GARAGE

2,874 SF Lot: 0.51 Acres

Value Estimation by Request

1303 Harrison St, Shelbyville, IN 46176-2766

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RETAIL STORES (PERSONAL SERVICES)

1,800 SF Lot: 2.50 Acres

Value Estimation by Request

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

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RETAIL STORES (PERSONAL SERVICES)

3,136 SF Lot: 0.06 Acres

Value Estimation by Request

857 Harrison St, Shelbyville, IN 46176-2612

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CAR WASH

1,040 SF Lot: 0.83 Acres

Value Estimation by Request

1127 State Rd 44, Shelbyville, IN 46176-1772

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RETAIL STORES (PERSONAL SERVICES)

280 SF Lot: 2.03 Acres

Value Estimation by Request

1815 450th E, Shelbyville, IN 46176-9209

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Shelby County, IN Retail Properties & Spaces Investment Opportunities Market Analysis

Explore 72 retail properties & spaces for sale in Shelby County, IN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 85,814 square feet of properties for sale, with an estimated market value of $7,264,315.

Sale prices for stores in Shelby County, IN start at $574,900, averaging $1,816,078, and reaching up to $3,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.