Shelbyville, IN Retail properties for sale

Downtown Shelbyville Investment Opportunity

$574,900

6,960 SF

Downtown Shelbyville Investment Opportunity

12 S Harrison St, Shelbyville, IN 46176

Three fully leased storefronts with value-add residential space.

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 21, 2025

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Shelbyville Retail Space - High Growth Area

$500,000

1.43 Acres

Shelbyville Retail Space - High Growth Area

613 State Road 44, Shelbyville, IN 46176

Prime Retail Building, 5000 sq ft, Seller Financing

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$339,025

4,352 SF

Shelbyville Retail & Residential Combo

Versatile Property, Downtown Shelbyville

534 Miller Ave, Shelbyville, IN 46176

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Shelbyville Retail Space - High Traffic Area

$597,000

1,800 SF

Shelbyville Retail Space - High Traffic Area

Prime 1.2-acre lot, 1800 sq ft building. Great investment opportunity!

1837 Michigan Rd, Shelbyville, IN 46176

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Shelbyville Storefront - Redevelopment Opportunity

$399,000

4,936 SF

Shelbyville Storefront - Redevelopment Opportunity

Prime Shelbyville location, vacant storefront, redevelopment potential.

1415 Michigan Rd, Shelbyville, IN 46176

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$650,000

Retail Building Near I-74

3,058 SF building for sale near I-74 interchange.

34 W Rampart St, Shelbyville, IN 46176

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Explore Opportunities in Nearby Cities

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

$339,000

8,973 SF

Arlington Commercial Building For Sale

Commercial building suitable for restaurant, retail, grocery store, or apartments.

2155 N 700 w, Arlington, IN 46104

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Arlington Convenience Store & Restaurant

$339,000

9,600 SF

Arlington Convenience Store & Restaurant

Thriving Business, High Traffic Area

2155 700, Arlington, IN 46104

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$149,900

0.11 Acres

Downtown Edinburgh Retail Gem

Historic building, retail & living space

126 Main Cross St, Edinburgh, IN 46124

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$750,000

10,583 SF

Historic Pixy Theater: Edinburgh, IN

Downtown Edinburgh landmark building, 10,583 sq ft.

111 Walnut St, Edinburgh, IN 46124

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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.

$900,000

0.51 Acres

Commercial Property on State Road

Investment potential for commercial development on a major thoroughfare.

13 W Rampart Rd, Shelbyville, IN 46176

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Explore 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.

DePrez Building

Prime restaurant space available

Value Estimation by Request

18 Public Square Shelbyville, IN 46176, Shelbyville, IN 46176

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809 Harrison St

Neighborhood centers • 6,610 SF

Value Estimation by Request

809 Harrison St, Shelbyville, IN 46176

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2525 In-44

Restaurants • 108,060 SF

Value Estimation by Request

2525 In-44, Shelbyville, IN 46176

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1802 In-44

Individual retail properties • 135,960 SF

Value Estimation by Request

1802 In-44, Shelbyville, IN 46176

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1621 Michigan Rd

Restaurants • 5,020 SF

Value Estimation by Request

1621 Michigan Rd, Shelbyville, IN 46176

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1010 In-44

Individual retail properties • 14,794 SF

Value Estimation by Request

1010 In-44, Shelbyville, IN 46176

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1590 Riley Hwy

CONVENIENCE STORE • 2,000 SF

Value Estimation

$290,000

1590 Riley Hwy, Shelbyville, IN 46176-9405

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114 Lee Blvd

SHOPPING CENTER, STRIP CENTER • 14,496 SF

Value Estimation

$385,000

114 Lee Blvd, Shelbyville, IN 46176-3403

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1304 Miller St

RETAIL STORES (PERSONAL SERVICES) • 3,672 SF

Value Estimation

$290,000

1304 Miller St, Shelbyville, IN 46176-2425

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310 Broadway St

RETAIL STORES (PERSONAL SERVICES) • 4,136 SF

Value Estimation

$285,000

310 Broadway St, Shelbyville, IN 46176-1777

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56 Franklin St

RETAIL STORES (PERSONAL SERVICES) • 9,580 SF

Value Estimation

$295,000

56 Franklin St, Shelbyville, IN 46176-1339

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102 Lee Blvd

RESTAURANT • 5,677 SF

Value Estimation

$305,000

102 Lee Blvd, Shelbyville, IN 46176-3403

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1832 State Rd 44

RETAIL STORES (PERSONAL SERVICES) • 4,000 SF

Value Estimation

$330,000

1832 State Rd 44, Shelbyville, IN 46176-1814

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414 Miller Ave

RETAIL STORES (PERSONAL SERVICES) • 455 SF

Value Estimation

$275,000

414 Miller Ave, Shelbyville, IN 46176-1934

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301 Es St

RETAIL STORES (PERSONAL SERVICES) • 0.12 Acres

Value Estimation

$250,000

301 Es St, Shelbyville, IN 46176-2152

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1837 Michigan Rd

RESTAURANT • 1,296 SF

Value Estimation

$250,000

1837 Michigan Rd, Shelbyville, IN 46176-1834

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1631 State Rd 44

RESTAURANT • 3,794 SF

Value Estimation

$320,000

1631 State Rd 44, Shelbyville, IN 46176-1843

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719 State Rd 44

AUTO REPAIR, GARAGE • 3,528 SF

Value Estimation

$290,000

719 State Rd 44, Shelbyville, IN 46176-1756

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Shelbyville, IN Retail Properties Investment Opportunities Market Analysis

Explore 297 retail properties for sale in Shelbyville, IN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 7,271,979 square feet of properties for sale, with an estimated market value of $51,654,925.

Prices for stores in Shelbyville, IN start at $55,000, averaging $339,835, and reaching up to $2,830,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

Shelbyville, IN Retail Properties for Sale

Downtown Shelbyville Investment Opportunity

Three fully leased storefronts with value-add residential space.