Add Listing
    Shelbyville, IN
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Shelbyville, IN Retail Properties & Spaces for Sale

    Notify Me
    List
    Map
    Fairland, IN Morristown, IN Homer, IN
    Downtown Shelbyville Investment Opportunity
    $574,900
    6,960 SF

    Downtown Shelbyville Investment Opportunity

    12 S Harrison Street, 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 19, 2025
    View details
    Retail Investment Opportunity in Shelbyville
    $2,189,415
    12,375 SF

    Retail Investment Opportunity in Shelbyville

    570 Saraina Rd, Shelbyville, IN 46176

    Prime retail investment opportunity in Shelbyville, Indiana.

    • Prime investment opportunity in Shelbyville, IN.
    • Potential for development and expansion.
    • Desirable location.
    • Lucrative income‑generating asset potential.
    • Confidential materials available for due diligence.
    Updated: Feb 5
    View details
    Shelbyville Retail Space For Sale
    $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
    View details
    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
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Shelbyville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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.

    High-Visibility Commercial Property in Franklin
    $299,000
    1,954 SF

    High-Visibility Commercial Property in Franklin

    3-acre commercially zoned property with redevelopment potential on US-31.

    3480 S Us 31, Franklin, IN 46131
    View details
    Advance Auto Parts For Sale
    $1,840,085
    6,157 SF

    Advance Auto Parts For Sale

    6,157 SF Advance Auto Parts in Franklin, Indiana for sale.

    600 N Morton ST, Franklin, IN
    View details
    Historic Pixy Theater For Sale
    $750,000
    10,583 SF

    Historic Pixy Theater For Sale

    Historic 10,583 SF Pixy Theater in downtown Edinburgh.

    111 S Walnut St, Edinburgh, IN 46124
    View details
    Historic Downtown Commercial Building For Sale
    $149,900

    Historic Downtown Commercial Building For Sale

    Prime commercial building in historic downtown Edinburgh with living space.

    126 E Main Cross Street, Edinburgh, IN 46124
    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.

    Prime Location Land For Sale
    $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
    View details
    Commercial Property on State Road
    $900,000
    3,600 SF

    Commercial Property on State Road

    Investment potential for commercial development on a major thoroughfare.

    13 W Rampart Road, Shelbyville, IN 46176
    View details
    Prime Land with High Visibility
    $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
    View details
    Prime Commercial Land I-74 Visibility
    $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
    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.

    114 Lee Blvd
    SHOPPING CENTER, STRIP CENTER
    14,496 SF Lot: 1.43 Acres
    Value Estimation by Request

    114 Lee Blvd, Shelbyville, IN 46176-3403

    View details
    823 State Rd 44
    AUTO REPAIR, GARAGE
    2,880 SF Lot: 0.72 Acres
    Value Estimation by Request

    823 State Rd 44, Shelbyville, IN 46176

    View details
    860 Elston Dr
    PARKING LOT
    Lot: 3.00 Acres
    Value Estimation by Request

    860 Elston Dr, Shelbyville, IN 46176-1823

    View details
    52 Washington St
    RETAIL STORES (PERSONAL SERVICES)
    2,970 SF Lot: 0.11 Acres
    Value Estimation by Request

    52 Washington St, Shelbyville, IN 46176-1351

    View details
    2 Van Ave, Unit 4
    RETAIL STORES (PERSONAL SERVICES)
    3,190 SF Lot: 0.13 Acres
    Value Estimation by Request
    Unit 4

    2 Van Ave, Shelbyville, IN 46176-2636

    View details
    1658 State Rd 44
    RESTAURANT
    1,000 SF Lot: 0.43 Acres
    Value Estimation by Request

    1658 State Rd 44, Shelbyville, IN 46176-1844

    View details
    1010 State Rd 44
    RETAIL STORES (PERSONAL SERVICES)
    14,859 SF Lot: 3.57 Acres
    Estimated value
    $1,055,000

    1010 State Rd 44, Shelbyville, IN 46176-1770

    View details
    825 State Rd 44
    AUTO REPAIR, GARAGE
    4,234 SF Lot: 1.20 Acres
    Value Estimation by Request

    825 State Rd 44, Shelbyville, IN 46176-1758

    View details
    719 State Rd 44
    AUTO REPAIR, GARAGE
    3,528 SF Lot: 0.36 Acres
    Value Estimation by Request

    719 State Rd 44, Shelbyville, IN 46176-1756

    View details
    2503 State Rd 44th, Unit 2551
    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

    View details
    34 38th E Washington St
    RETAIL STORES (PERSONAL SERVICES)
    6,690 SF Lot: 0.10 Acres
    Value Estimation by Request

    34 38th E Washington St, Shelbyville, IN 46176

    View details
    17 Harrison St
    RETAIL STORES (PERSONAL SERVICES)
    3,428 SF Lot: 0.03 Acres
    Value Estimation by Request

    17 Harrison St, Shelbyville, IN 46176-1307

    View details
    418 Miller Ave
    RETAIL STORES (PERSONAL SERVICES)
    1,929 SF Lot: 0.08 Acres
    Value Estimation by Request

    418 Miller Ave, Shelbyville, IN 46176-1934

    View details
    1303 Harrison St
    AUTO REPAIR, GARAGE
    2,874 SF Lot: 0.51 Acres
    Value Estimation by Request

    1303 Harrison St, Shelbyville, IN 46176-2766

    View details
    857 Harrison St
    RETAIL STORES (PERSONAL SERVICES)
    3,136 SF Lot: 0.06 Acres
    Value Estimation by Request

    857 Harrison St, Shelbyville, IN 46176-2612

    View details
    1127 State Rd 44
    CAR WASH
    1,040 SF Lot: 0.83 Acres
    Value Estimation by Request

    1127 State Rd 44, Shelbyville, IN 46176-1772

    View details
    1815 450th E
    RETAIL STORES (PERSONAL SERVICES)
    280 SF Lot: 2.03 Acres
    Value Estimation by Request

    1815 450th E, Shelbyville, IN 46176-9209

    View details
    535 Hendricks St
    VEHICLE SALES, RENTALS
    1,008 SF Lot: 0.98 Acres
    Value Estimation by Request

    535 Hendricks St, Shelbyville, IN 46176-1752

    View details
    4056 Michigan Rd
    RETAIL STORES (PERSONAL SERVICES)
    1,554 SF Lot: 1.08 Acres
    Value Estimation by Request

    4056 Michigan Rd, Shelbyville, IN 46176-8934

    View details
    360 Broadway St
    PARKING LOT
    Lot: 0.13 Acres
    Value Estimation by Request

    360 Broadway St, Shelbyville, IN 46176-1777

    View details

    Shelbyville, IN Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 72 retail properties & spaces for sale in Shelbyville, IN, showcased through 4 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 Shelbyville, 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.

    List
    Map

    Top Commercial Asset Segments

    Shopping centers 5
    Storefront properties 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 median listing prices of real estate assets

    Neighborhood Average Price
    46176 $1.8M

    Taxes & Financing

    Tax Rate (average for all types) 2.29%
    Property Tax per SF $38.44 per sq ft
    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

    Popular Searches in Shelbyville, IN

    Popular Categories

    Most Searched ZIP Codes in Shelbyville, IN

    • 46176

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!