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    Shelbyville Commercial Property For Sale
    Updated: Mar 8, 2021
    Shelbyville Commercial Property For Sale

    E Michigan Rd., Shelbyville, IN 46176

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    Retail Property
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    Additional Property Details Available
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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 40 Potential Opportunities for your consideration. Besides 1 Active listings in Shelbyville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 33 Off-Market properties to explore as potential leads, plus 2 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.

    Chili's Restaurant with NNN Lease
    Chili's Restaurant with NNN Lease

    2299 N Morton St, Franklin, IN 46131

    $2,528,909
    5,856 sqft

    Occupied by Chili’s under a triple-net ground lease with renewal options.

    View details
    Dutch Bros Drive-Thru NNN Investment
    Dutch Bros Drive-Thru NNN Investment

    8525 S Emerson Avenue, Indianapolis, IN 46237

    Contact for pricing
    950 sqft

    Newly constructed Dutch Bros drive-thru on an absolute NNN lease with zero landlord responsibilities and contractual rental increases.

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    Corporate-Backed Drive-Thru Restaurant Ground Lease
    Corporate-Backed Drive-Thru Restaurant Ground Lease

    2490 N Morton St, Franklin, IN 46131

    $3,000,000

    New 15-year corporate-backed Chick-fil-A ground lease with absolute NNN structure and a double-stack drive-thru concept.

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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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    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.

    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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    Corner Lot on Shelbyville Road
    Corner Lot on Shelbyville Road

    5133 Gray Road, Indianapolis, IN 46237

    $1,350,000
    8.21 AC lot

    Large corner lot suitable for various developments with approvals.

    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.

    Parker Ave
    CHARITABLE ORGANIZATION

    Parker Ave, Shelbyville, IN 46176

    $60,000
    Estimated value
    520 sqft 0.11 AC lot
    View details
    832 Elston Dr
    CHARITABLE ORGANIZATION

    832 Elston Dr, Shelbyville, IN 46176-1823

    $245,000
    Estimated value
    0.34 AC lot
    View details
    1416 Miller Ave
    CHARITABLE ORGANIZATION

    1416 Miller Ave, Shelbyville, IN 46176-3135

    $255,000
    Estimated value
    10,500 sqft 0.67 AC lot
    View details
    5394 Marietta Railroad St
    CHARITABLE ORGANIZATION

    5394 Marietta Railroad St, Shelbyville, IN 46176-9096

    $235,000
    Estimated value
    2,056 sqft 0.20 AC lot
    View details
    1128 Parker Ave
    CHARITABLE ORGANIZATION

    1128 Parker Ave, Shelbyville, IN 46176-2366

    $245,000
    Estimated value
    1,014 sqft 0.22 AC lot
    View details
    731 St
    CHARITABLE ORGANIZATION

    731 St, Shelbyville, IN 46176-2437

    $250,000
    Estimated value
    1,862 sqft 0.12 AC lot
    View details
    1402 Miller St
    CHARITABLE ORGANIZATION

    1402 Miller St, Shelbyville, IN 46176-2947

    $250,000
    Estimated value
    1.82 AC lot
    View details
    820 Noble St
    CHARITABLE ORGANIZATION

    820 Noble St, Shelbyville, IN 46176-2665

    $230,000
    Estimated value
    1,552 sqft 0.14 AC lot
    View details
    816 Elm St
    CHARITABLE ORGANIZATION

    816 Elm St, Shelbyville, IN 46176-2513

    $245,000
    Estimated value
    2,208 sqft 0.15 AC lot
    View details
    134 1st St
    FUNERAL HOME

    134 1st St, Shelbyville, IN 46176-2502

    $250,000
    Estimated value
    1,896 sqft 0.09 AC lot
    View details
    609 Franklin St
    CHARITABLE ORGANIZATION

    609 Franklin St, Shelbyville, IN 46176-1007

    $250,000
    Estimated value
    2,969 sqft 0.19 AC lot
    View details
    1206 Parker Ave
    CHARITABLE ORGANIZATION

    1206 Parker Ave, Shelbyville, IN 46176-2372

    $245,000
    Estimated value
    0.11 AC lot
    View details
    18 Harrison St
    CHARITABLE ORGANIZATION

    18 Harrison St, Shelbyville, IN 46176-1308

    $235,000
    Estimated value
    0.03 AC lot
    View details
    Parker Ave
    CHARITABLE ORGANIZATION

    Parker Ave, Shelbyville, IN 46176

    $245,000
    Estimated value
    0.11 AC lot
    View details
    317 Taylor St
    CHARITABLE ORGANIZATION

    317 Taylor St, Shelbyville, IN 46176-1955

    $260,000
    Estimated value
    1,170 sqft 0.14 AC lot
    View details
    128 1st St
    FUNERAL HOME

    128 1st St, Shelbyville, IN 46176-2502

    $240,000
    Estimated value
    2,104 sqft 0.10 AC lot
    View details
    138 1st St
    FUNERAL HOME

    138 1st St, Shelbyville, IN 46176-2502

    $235,000
    Estimated value
    1,040 sqft 0.14 AC lot
    View details
    625 Progress Pkwy
    FUNERAL HOME

    625 Progress Pkwy, Shelbyville, IN 46176-8200

    $220,000
    Estimated value
    13.69 AC lot
    View details
    136 Washington St
    CHARITABLE ORGANIZATION

    136 Washington St, Shelbyville, IN 46176-1464

    $225,000
    Estimated value
    6,356 sqft 0.30 AC lot
    View details
    1415 Washington Ave
    CHARITABLE ORGANIZATION

    1415 Washington Ave, Shelbyville, IN 46176-9004

    $245,000
    Estimated value
    2.33 AC lot
    View details
    Riley Hwy
    CHARITABLE ORGANIZATION

    Riley Hwy, Shelbyville, IN 46176

    $235,000
    Estimated value
    9.14 AC lot
    View details
    Parker Ave
    CHARITABLE ORGANIZATION

    Parker Ave, Shelbyville, IN 46176

    $240,000
    Estimated value
    0.11 AC lot
    View details
    Parker Ave
    CHARITABLE ORGANIZATION

    Parker Ave, Shelbyville, IN 46176

    $245,000
    Estimated value
    0.11 AC lot
    View details

    Shelbyville, IN Specialty Properties Market Trends and Statistics

    Explore 34 specialty properties for sale in Shelbyville, IN on our real estate platform.

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    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%

    Property Size Breakdown

    The majority of commercial real estate listings in Shelbyville fall within the 10,000 to 25,000 square foot range.

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