Improved Commercial Land for Sale in Shelbyville, Tennessee

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.