12 S Harrison Street # 12-16 # 12-16, 18 Shelbyville, IN $ 574,900
12 S Harrison Street # 12-16 # 12-16, 18
$ 574,900
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12 S Harrison Street # 12-16 # 12-16, 18

Shelbyville, IN, 46176
$ 574,900
Bedrooms-- Baths-- Sq 6,960

Monthly Estimate*

$ 3,540

12 S Harrison Street # 12-16 # 12-16, 18, Shelbyville, IN 46176 - Image 1
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12 S Harrison Street # 12-16 # 12-16, 18, Shelbyville, IN 46176 - Image 3
12 S Harrison Street # 12-16 # 12-16, 18, Shelbyville, IN 46176 - Image 4
12 S Harrison Street # 12-16 # 12-16, 18, Shelbyville, IN 46176 - Image 5
12 S Harrison Street # 12-16 # 12-16, 18, Shelbyville, IN 46176 - Image 6
12 S Harrison Street # 12-16 # 12-16, 18, Shelbyville, IN 46176 - Image 7
12 S Harrison Street # 12-16 # 12-16, 18, Shelbyville, IN 46176 - Image 8
12 S Harrison Street # 12-16 # 12-16, 18, Shelbyville, IN 46176 - Image 9
12 S Harrison Street # 12-16 # 12-16, 18, Shelbyville, IN 46176 - Image 10
12 S Harrison Street # 12-16 # 12-16, 18, Shelbyville, IN 46176 - Image 11
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12 S Harrison Street # 12-16 # 12-16, 18, Shelbyville, IN 46176 - Image 13
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Commercial Property for sale in Shelbyville, IN

for $574,900. This 6,960 square foot building was built in 1900 on a lot size of 0.06.

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)

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Commercial Active

Price

$ 574,900

Property Type

Commercial

Taxes

$ 6,072

Style

Business

Lot Size

0.06

Year Built

1900

Town/City

Shelbyville

County/Region

Shelby

MLS | Web ID

22074405

Features
General
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Closing
Roof Membrane Rubber
Zoning BG - Business General
Year Built 1900
View City Downtown
Stories Count 3
Township Addison
Unit Number 12-16 18
Property Subtype Business
Tax Year 2024
Current Use Restaurant Retail Vacant
Building Name Sanders
Additional Parcels Description ORIG T HARRISON PT LOT 8 (COMM BLDG)
County Shelby
Insurance Expense 3000
New Construction N
Property Type Commercial Sale
Possible Use Residential Restaurant Retail
Status Active
Directions GPS Friendly
City Shelbyville
High School District Shelbyville Central Schools
MLS Area 7308 - Shelby - Addison
Lot Size Square Feet 2576
Current Financing Conventional
Additional Parcels Y/N Y
Standard Status Active
Tax Lot 8
Legal Description Orig T Harrison Pt Lot 8 12 & 16 S Harrison St (Jewelry Store) (Former Hallmark Store)Dance Studio ***AND ORIG T HARRISON PT LOT 8 (COMM BLDG) 18 S HARRISON NOTES: CITY HAS ADDRESS AS 1216 ERRONEOU
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Exterior
Parking Features On Street
Building Area Total 6960
Lot Size Acres 0.06
Road Frontage Type City Street
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* Excluded Features
List By
Mackenzie Allen, Polston & Ass

Broker

JPOLSTON@MACKENZIEALLENREALESTATE.COM

Email

Affordability Calculator

$4,046
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,540
Monthly Property Taxes
$506
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4045152 Elementary School
4045181 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/21/2025$574,900 Listed Price

Map


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12 S Harrison Street # 12-16 # 12-16, 18, Shelbyville, IN, 46176 is a Commercial Property for sale at $574,900 with 6,960 sqft and a lot size of 0.06. 12 S Harrison Street # 12-16 # 12-16, 18 was built in 1900. The property's zip code is 46176 which is in Shelbyville, IN