Retail

Shelbyville, IN Retail Space for Sale

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Retail Investment Opportunity in Shelbyville
Updated: Feb 5
Retail Investment Opportunity in Shelbyville

570 Saraina Rd, Shelbyville, IN 46176

Contact for pricing
12,375 sqft
Prime investment opportunity in Shelbyville, IN.
Potential for development and expansion.
Desirable location.
Lucrative income‑generating asset potential.
Confidential materials available for due diligence.
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Renovated Two-Tenant Mixed-Use Property
Updated: Apr 11
Renovated Two-Tenant Mixed-Use Property

428 E Washington St, Shelbyville, IN 46176

Contact for pricing
Renovated two‑tenant mixed‑use property
Main level includes a large open area, 1 private office or flex room, and 1 ADA restroom
Upper level features a 1‑bedroom suite, updated kitchen, family room, and 2 full baths
Dedicated steel staircase and separate upper‑level entrance
High ceilings, tall windows, exposed brick, exposed beams, and interior transom windows
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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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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in Shelbyville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Salon Property with Basement
Salon Property with Basement

6 E Mill Street, Carthage, IN 46115

$75,000
0.10 AC lot

Commercially zoned salon space with a service-oriented layout, storage area, bathroom, and original hardwood flooring.

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NNN Retail Property with Three Tenants
NNN Retail Property with Three Tenants

1302 N Main St, Indianapolis, IN 46224

Contact for pricing

Fully leased commercial building with restaurant, wine, spirits, and design uses under long-term triple-net leases.

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Retail Space Near High School
Retail Space Near High School

8050 E Southport Rd, Indianapolis, IN 46259

Contact for pricing

Retail space in a growing suburban Indianapolis market.

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Storefront Property
Storefront Property

6 E Mill Street, Carthage, IN 46115

$75,000

Commercially zoned storefront property with an established building date of 1927.

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.

52 Washington St
RETAIL STORES (PERSONAL SERVICES)

52 Washington St, Shelbyville, IN 46176-1351

$265,000
Estimated value
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
$290,000
Estimated value
3,190 sqft 0.13 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
34 38th E Washington St
RETAIL STORES (PERSONAL SERVICES)

34 38th E Washington St, Shelbyville, IN 46176

$295,000
Estimated value
6,690 sqft 0.10 AC lot
View details
17 Harrison St
RETAIL STORES (PERSONAL SERVICES)

17 Harrison St, Shelbyville, IN 46176-1307

$275,000
Estimated value
3,428 sqft 0.03 AC lot
View details
418 Miller Ave
RETAIL STORES (PERSONAL SERVICES)

418 Miller Ave, Shelbyville, IN 46176-1934

$280,000
Estimated value
1,929 sqft 0.08 AC lot
View details
857 Harrison St
RETAIL STORES (PERSONAL SERVICES)

857 Harrison St, Shelbyville, IN 46176-2612

$195,000
Estimated value
3,136 sqft 0.06 AC lot
View details
1815 450th E
RETAIL STORES (PERSONAL SERVICES)

1815 450th E, Shelbyville, IN 46176-9209

$140,000
Estimated value
280 sqft 2.03 AC lot
View details
4056 Michigan Rd
RETAIL STORES (PERSONAL SERVICES)

4056 Michigan Rd, Shelbyville, IN 46176-8934

$180,000
Estimated value
1,554 sqft 1.08 AC lot
View details
1018 500th S
RETAIL STORES (PERSONAL SERVICES)

1018 500th S, Shelbyville, IN 46176-9360

$280,000
Estimated value
12,138 sqft 2.84 AC lot
View details
315 Broadway St
RETAIL STORES (PERSONAL SERVICES)

315 Broadway St, Shelbyville, IN 46176-1776

$700,000
Estimated value
9,504 sqft 1.13 AC lot
View details
537 Hendricks St
RETAIL STORES (PERSONAL SERVICES)

537 Hendricks St, Shelbyville, IN 46176-1752

$80,000
Estimated value
0.88 AC lot
View details
154 Washington St
RETAIL STORES (PERSONAL SERVICES)

154 Washington St, Shelbyville, IN 46176-1464

$80,000
Estimated value
1,238 sqft 0.10 AC lot
View details
1215 Miller St
RETAIL STORES (PERSONAL SERVICES)

1215 Miller St, Shelbyville, IN 46176-2422

$270,000
Estimated value
980 sqft 0.24 AC lot
View details
1206 State Rd 44
RETAIL STORES (PERSONAL SERVICES)

1206 State Rd 44, Shelbyville, IN 46176-1793

$280,000
Estimated value
6,750 sqft 0.73 AC lot
View details
1501 Harrison St
RETAIL STORES (PERSONAL SERVICES)

1501 Harrison St, Shelbyville, IN 46176-2745

$270,000
Estimated value
1,600 sqft 0.29 AC lot
View details
903 Harrison St
RETAIL STORES (PERSONAL SERVICES)

903 Harrison St, Shelbyville, IN 46176-2614

$170,000
Estimated value
693 sqft 0.07 AC lot
View details
1117 Saint Joseph St
RETAIL STORES (PERSONAL SERVICES)

1117 Saint Joseph St, Shelbyville, IN 46176-3241

$260,000
Estimated value
2,000 sqft 0.58 AC lot
View details
49 Washington St
RETAIL STORES (PERSONAL SERVICES)

49 Washington St, Shelbyville, IN 46176-1350

$270,000
Estimated value
3,360 sqft 0.13 AC lot
View details
1898 Morristown Rd
RETAIL STORES (PERSONAL SERVICES)

1898 Morristown Rd, Shelbyville, IN 46176-9407

$730,000
Estimated value
9,892 sqft
View details
48 Washington St
RETAIL STORES (PERSONAL SERVICES)

48 Washington St, Shelbyville, IN 46176-1375

$285,000
Estimated value
5,666 sqft 0.08 AC lot
View details

Shelbyville, IN Retail Space Market Trends and Statistics

Explore 72 retail space for sale in Shelbyville, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 12,375 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 7
Storefront properties 2

Demographics Overview

Population 29K
Population Growth (5Y) +3.5%
Median Household Income $66,045
College Educated 25.8%

Taxes & Financing

Tax Rate (average for all types) 2.29%
Property Tax per SF $38.44 per SF
Tax Rate vs County Average 0.06 pp above county avg
Average Loan-to-Value 65.0%

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