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Kade Koch

kade@kadekochrealty.com +1(317) 697-7953

Listed by Justin Polston • Mackenzie Allen, Polston & Ass

$ 574,900

Est. payment -/mo

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Active

12 S Harrison ST #12-16, 18 Shelbyville, IN 46176

6,960 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 6,960 sqft

Price per Sqft $82

MLS Listing ID 22074405

Year Built 1900

Tax Year 2024

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type Business

Property Description

Prime investment opportunity in the heart of Downtown Shelbyville! Be a part of Shelbyville's Next Door Next Level post revitalization downtown. This offering includes two parcels with three fully leased storefronts along the revitalized brick streetscape, generating over $50,000 in annual income. The property also features 4,000+ sq ft of partially finished residential space on the second floor, offering outstanding value-add potential for lofts, short-term rentals, or office/studio conversions. High visibility, strong foot traffic, stable tenants, and flexible downtown commercial zoning make not only an easy decision to pull the trigger on if you're itching for a deal, but also a fairly rare opportunity for investors seeking income today with great and substantial upside tomorrow. ------Traffic count 25,000 per 2024 INDOT. High downtown event visibility for active and eventful downtown. Active events at this property's doorstep: Taste of Shelby County, Mistletoe Market (Holiday vendor market), Music in the Park (seasonal live music), Holiday / Christmas Parade & Downtown Festivities ,Snowman Contest & Winter Activities, Movies in the Park / Downtown Movie Nights, Shelby County Farmers Market (near downtown corridor), First Friday or Special Downtown Shopping Events (Mainstreet Shelbyville promotions), Fall & Harvest-Themed Events, Downtown Trick-or-Treating / Halloween Activities, Small Business Saturday Events, Fourth of July & Summer Festival Activities (downtown-adjacent)

Location

State IN

County Shelby

Zoning BG - Business General

Interior

Fireplace N

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N true

View City, Downtown

Roof Type Membrane,Rubber

Building

Story 3

New Construction false

Schools

School District Shelbyville Central Schools

SCHOOLSPROPERTIES

Elementary Schools 6

7

William F Loper Elementary School

Public | PK - 5
6

Coulston Elementary School

Public | PK - 5
4

Thomas a Hendricks Elementary School

Public | PK - 5
0

Apostolic Christian School

Private | KG - 12
0

Especially Kidz Health & Rehab Cnt

Public | PK - 12
0

St Joseph School

Private | PK - 5

Middle Schools 1

7

Shelbyville Middle School

Public | 6 - 8

High Schools 2

8

Shelbyville Sr High School

Public | 9 - 12
0

Blue River Career Center

Public | 9 - 12

School and business data provided by Attom Data.

Kade Koch

Broker Associate

+1(317) 697-7953

Kade Koch

12 S Harrison ST #12-16, 18 Shelbyville, IN 46176

Key Details

Location

Interior

Exterior

Building

Schools

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12 S Harrison ST #12-16, 18