12 Harrison

Shelbyville, IN

$499,900

12 Harrison, Shelbyville, IN 46176

Shelbyville, IN 46176

MLS# MBR22074405

Listed 261 days ago

0 Beds
0 Baths

About this home

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)

Property Details

Type
Commercial
Year Built
1900
Lot Size
0.06 acres
Listed
261 days ago
County
Shelby
Listing Office
Mackenzie Allen, Polston & Ass
Listing Agent
Justin Polston

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$2,528/mo

Principal & interest
$2,528
Loan amount
$399,920

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Listed by Mackenzie Allen, Polston & Ass with Justin Polston. Contact JPOLSTON@MACKENZIEALLENREALESTATE.COM.

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Indiana Regional MLSMIBOR Broker Listing Cooperative

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IDX information is provided exclusively for consumers' personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the Broker Listing Cooperative listing service as of September 22, 2026 at 3:02 PM EDT. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Based on information submitted to the MLS GRID as of September 22, 2026 at 3:02 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.