1415 E Michigan Road Shelbyville, IN $ 410,000
1415 E Michigan Road
$ 410,000
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1415 E Michigan Road

Shelbyville, IN, 46176
$ 410,000
Baths0.0 Sq 4,936

Monthly Estimate*

$ 2,864

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Studio

Commercial Property for sale in Shelbyville, IN

for $410,000. This 4,936 square foot building was built in 1969 on a lot size of 0.35.

Great opportunity to obtain this long standing mainstay of Shelbyville with terrific visibility right on St. Rd. 44. Business Highway (BH) zoning affords many different uses at this location. Two additional asphalt lots are also available for sale that provide for more parking if needed. Highlights of the building include the following: multiple dining and meeting rooms, 4 bathrooms, 4 fireplaces, 1 walk-in cooler, 1 walk-in freezer, 2 kitchens and cook lines, flattop, fryers, grill, stove, ovens, multiple coolers, prep station, bar and various tables, chairs and booths.

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Commercial Active

Price

$ 410,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,508

Style

Business

Lot Size

0.35

Year Built

1969

Town/City

Shelbyville

County/Region

Shelby

MLS | Web ID

21956964

Features
General
Utilities Electricity Connected Gas
Possession Closing
Roof Flat Membrane Mixed Shake Wood
Zoning Business Highway
Year Built 1969
Township Addison
Levels One
Property SubType Business
Tax Year 2022
Current Use Vacant
Building Name The Fiddlers Three
County Shelby
New Construction N
Property Type Commercial Sale
Facing Direction North
Status Active
Directions I-74 to the Shelbyville exit...IN-44...left and follow State Road 44 to the property on the left side of the road.
City Shelbyville
Buyer Agent Compensation 3.0
High School District Shelbyville Central Schools
MLS Area 7308 - Shelby - Addison
Lot Size Square Feet 15246
Street Name Michigan
Middle/Junior High School Shelbyville Middle School
Days on Market 87
Standard Status Active
Tax Lot 4 5 7
Buyer Agent Compensation Type %
Legal Description Reddington Nesd Lt4 & Npt Lt 5 & Npt Lt 7
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Interior
Basement (Y/N) N
Street Suffix Road
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Exterior
Building Area Total 4936
Lot Size Acres 0.35
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* Excluded Features
List By
Carpenter, Realtors®

Broker

comer@callcarpenter.com

Email

Affordability Calculator

$3,490
Per Month
82%
18%
0%
Monthly Principal & Interest
$2,864
Monthly Property Taxes
$626
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4045152 Elementary School
4046662 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/14/2024$410,000 -2.38% Price Down
12/19/2023$420,000 Listed Price

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1415 E Michigan Road, Shelbyville, IN, 46176 is a Commercial Property for sale at $410,000 with 4,936 sqft and a lot size of 0.35. 1415 E Michigan Road is a studio with 0.0 baths and was built in 1969. The property's zip code is 46176 which is in Shelbyville, IN