For Sale
$399,000

1415 Michigan RdShelbyville, IN 46176

Prime Shelbyville location, vacant storefront, redevelopment potential.

Overview

Added:
Dec 11, 2024
Days on market:
125
This 4,936 square foot storefront, located at 1415 E Michigan Rd in Shelbyville, Indiana (zip code 46176), presents a unique redevelopment opportunity. Situated on a 0.35-acre lot, this vacant property boasts exceptional visibility on St. Rd. 44, benefiting from Business Highway (BH) zoning, allowing for diverse uses. Originally built in 1969, the building features multiple dining and meeting rooms, four bathrooms, four fireplaces, a walk-in cooler, a walk-in freezer, two kitchens with full commercial cooking equipment (including a flattop, fryers, grill, stove, ovens, multiple coolers, and prep station), a bar, and ample seating with tables, chairs, and booths. The property's APN is 731104100114000002. Two additional asphalt lots are available for purchase, offering potential for expanded parking. This is an ideal investment for owner-users seeking a high-profile location with significant existing infrastructure. The asking price is $399,000. The property is being sold as-is.

Highlights

  • $399,000 asking price for this vacant storefront.
  • 4,936 square foot retail building in Shelbyville, Indiana.
  • Vacant, owner-user redevelopment opportunity.
  • Located on St. Rd. 44 with high visibility, Business Highway zoning.
  • 0.35-acre lot; additional parking lots available.
  • Features multiple dining/meeting rooms, 4 bathrooms, 4 fireplaces, walk-in cooler/freezer, 2 kitchens, and ample restaurant equipment.

Property Details for 1415 Michigan Rd

Property type
Retail properties, Retail space
Square Feet
4,936 SF
Year Built
1969
Lot Size (sq. ft)
15,246 SF

Location Insight

City
Shelbyville
County
Shelby
State
Indiana
Latitude
39.5195087
Longitude
-85.7560502
1415 Michigan Rd, Shelbyville, Indiana

FAQs

What type of property is this?
Retail property - Prime Shelbyville location, vacant storefront, redevelopment potential.
Where is the retail property located?
The property is located at 1415 Michigan Rd Shelbyville, IN.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: $399,000 asking price for this vacant storefront.; 4,936 square foot retail building in Shelbyville, Indiana.; Vacant, owner-user redevelopment opportunity.
How can I contact the broker?
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1415 Michigan Rd
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