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$1,600,000 - 875 Union St, Shelbyville

-
Bedrooms
-
Baths
N/A
SQ. Feet
1.67
Acres

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.

Essential Information

  • MLS® #:
    3080175
  • Price:
    $1,600,000
  • Bathrooms:
    0.00
  • Acres:
    1.67
  • Year Built:
    1974
  • Type:
    Commercial Sale
  • Sub-Type:
    Retail
  • Status:
    Active

Community Information

  • Address:
    875 Union St
  • City:
    Shelbyville
  • County:
    Bedford County, TN
  • State:
    TN
  • Zip Code:
    37160

Additional Information

  • Date Listed:
    January 12th, 2026
  • Days on Market:
    61
  • Zoning:
    Commercial

Listing Details

  • Listing Office:
    Benchmark Realty, Llc

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Listing information last updated on March 15th, 2026 at 9:08am CDT.