Shelbyville, IN Commercial Real Estate for Lease and Sale

Explore 17 listings of Shelbyville commercial real estate to find the best space for your business.

Flex Building with Outdoor Storage Available in Shelbyville

1510 Amos Rd, Shelbyville, IN
Property

Industrial

8,608 SF
For Sale

$1,150,000
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E . SR 44

E . SR 44, Shelbyville, IN
Property

VacantLand
For Sale

Subject to Offer
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1621 East Michigan Road

1621 East Michigan Road, Shelbyville, IN
Property

Retail

5,020 SF
Availability

1 Space

5,020 SF
For Lease Contact for pricing
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2660 N Riley Highway

2660 North Riley Highway, Shelbyville, IN
Property

Retail

20,000 SF
Availability

1 Space

20,000 SF
Year Built

1910
For Lease Contact for pricing
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21 West Taylor Street

21 West Taylor Street, Shelbyville, IN
Property

Office

4,260 SF
For Sale

$223,500
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Rivergate Shopping Center

1802 East State Road 44, Shelbyville, IN
Property

Retail

135,960 SF
Availability

1 Space

6,000 SF
For Lease Contact for pricing
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2235 Marketplace Blvd, Shelbyville

2235 Marketplace Boulevard, Shelbyville, IN
Property

Office
Availability

1 Space

19,478 SF
For Lease Contact for pricing
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Walgreens (Dollar Tree Sublease)

1010 East Road 44, Shelbyville, IN
Property

Retail

14,794 SF
For Sale

$3,105,000
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Junction Plaza

1624 IN-44, Shelbyville, IN
Property

Retail

73,784 SF
Availability

4 Spaces

21,500 SF
For Lease

$13.75/SF/YR
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809 S. Harrison St.

809 S. Harrison St., Shelbyville, IN
Property

Retail

6,610 SF
Availability

1 Space

5,143 SF
For Lease Contact for pricing
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0 Saraina Rd.

0 Saraina Rd., Shelbyville, IN
Property

VacantLand

174,240 SF
For Sale

$399,000
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405 North Harrison Street

405 North Harrison Street, Shelbyville, IN
Property

Industrial

21,086 SF
Year Built

1936
For Sale

$450,000
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29 E Washington St

29 E Washington St, Shelbyville, IN
Property

Office

15,166 SF
Year Built

1975
For Sale Contact for pricing
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2235 Marketplace Blvd, Shelbyville

2235 Marketplace Boulevard, Shelbyville, IN
Property

VacantLand
For Sale Contact for pricing
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W 300 North

W 300 North, Shelbyville, IN
Property

VacantLand
For Sale

$4,009,200
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0 Michigan Rd- I-74 Frontage

0 Michigan Rd- I-74 Frontage, Shelbyville, IN
Property

VacantLand
For Sale

$2,658,000
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1010 E State Road 44

1010 E State Road 44, Shelbyville, IN
Property

Retail

14,859 SF
Availability

1 Space

14,820 SF
Year Built

2006
For Lease

$18.00/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Shelbyville commercial real estate market incorporates 19,426 square feet of office space across 4 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Shelbyville commercial real estate market includes 251,027 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Shelbyville market, there is a total of 21,086 square feet of industrial property.

The listing inventory in Shelbyville incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Shelbyville is represented by Retail space, which accounts for 72,483 square feet of available listings. Office space available in Shelbyville adds up to 19,478 square feet.

Meanwhile, most of the listings of commercial property for sale in Shelbyville are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Shelbyville, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $18 per square foot.

The average size of a commercial property in Shelbyville depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Shelbyville, the average size of an office property is 9,713 square feet.
Retail properties here incorporate an average of 41,838 square feet.
Industrial space in Shelbyville is in buildings that are, on average 21,086 square feet in size.

Shelbyville, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Shelbyville currently add up to 91,961 square feet. The market offers 2 active office listing(s), which amount to 19,478 square feet and account for 25% of commercial spaces on the market. Local retail availability includes 72,483 square feet across 6 retail space(s).

Property Type	Count of Listings	Total SF
Office	2	19,478
Retail	6	72,483

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Shelbyville, IN. Currently, there is 238,154 square feet of commercial property for sale here , which includes 2 office building(s) for sale , 1 retail investment opportunity listing(s) , and 2 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	2	19,426
Retail	1	14,794
Industrial	2	29,694
Other	5	174,240

Shelbyville, IN Commercial Real Estate for Lease and Sale

Flex Building with Outdoor Storage Available in Shelbyville

E . SR 44

1621 East Michigan Road

2660 N Riley Highway

21 West Taylor Street

Rivergate Shopping Center

2235 Marketplace Blvd, Shelbyville

Walgreens (Dollar Tree Sublease)

Junction Plaza

809 S. Harrison St.

0 Saraina Rd.

405 North Harrison Street

29 E Washington St

2235 Marketplace Blvd, Shelbyville

W 300 North

0 Michigan Rd- I-74 Frontage

1010 E State Road 44

Frequently Asked Questions

Shelbyville, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Shelbyville, IN Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Shelbyville, IN?

What factors affect the price of commercial real estate in Shelbyville, IN?

What are the best areas for commercial real estate in Shelbyville, IN?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Shelbyville, IN?

Shelbyville, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us