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Listed price in listed location currency (USD).
$1,700,000

000

MLS® 3080175

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes 
Days Active 19
Approx. Age 1974
MLS® Number 3080175

Property Address: 875 Union St, Shelbyville, TN, 37160-2607

Average square foot calculated using Size range provided by listing agent.

Description

Retail investment opportunity in the heart of Shelbyville, TN. This well-located retail building is fully occupied*, with the exception of a **4, 388 SF storage space** situated at the rear of the property, offering immediate upside through lease-up or alternative use. The property is supported by a stable existing tenant base and has recently benefited from a **brand new roof**, reducing near-term capital expenditure concerns and enhancing long-term asset durability. A key highlight of this property is the **significant opportunity for rent growth**. Current rents remain below market, providing investors with a clear path to **rent improvement** through renewals, repositioning, or future leasing strategies. Combined with the vacant storage component, this asset offers both **in-place cash flow and value-add potential**. Strategically positioned along Union Street, the property enjoys strong visibility and convenient access to Shelbyville’s commercial corridors, making it an attractive long-term hold for investors seeking stable income with upside.
MLS® Number3080175
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1974
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 2, 2026List Date
$1,700,000List Price
Jan 2, 2026End Date
-Sold Price

Leased

Oct 6, 2025List Date
Contact for Price
Feb 18, 2023End Date
-Sold Price

Leased

Jun 30, 2022List Date
Contact for Price
  • Commute

Commute

Starting Address
Destination Address
875 Union St, Shelbyville, TN

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