1837 E Michigan Road
Shelbyville, Indiana IN 46176
$625,000 Price
Active Status
1,800 SqFt
1.200 Acres
21852924 Listing ID
Don't Miss Out On This One! The Bears Den has been a staple in Shelbyville since 1977. How would you like to be the one to take over this Iconic Restaurant in Shelbyville. Located in dense commercial area w/ high traffic count and close proximity to I-74 makes this location very appealing and desirable. The property consists of 1.2 acres, has +/- 1800 sqft of building space, and is zoned BH (Business Highway) which allows for various potential uses.
Schedule Showing
Status Active
County Shelby
Year Built 1977
Property Type Commercial Sale
Commercial Sale
Property Sub Type Retail

Primary Features

County: Shelby
Price Before Reduction: 649000
Price Reduction Date: 2023-05-10T02:56:50+00:00
Property Sub Type: Retail
Property Type: Commercial Sale
Year Built: 1977
Zoning: BH


Stories: 1


Anchors Co Tenants: See Remarks
Continue To Show: yes
Cumulative Days On Market: 366
Current Use: Restaurant
Days On Market: 366
Divisible: no
HVAC: Forced Air Heat/Comm. AC
Last Status: Pending
Major Change Timestamp: 2023-05-09T22:52:28+00:00
Major Change Type: Price Decrease
Mls Status: Active
Multiple Tenants: no
New Construction: no
Originating System Name: mibor
Parcel Number: 731104400002000002
Possible Use: See Remarks
Retail Type: Free Stand
Signage: Pylon
Status Change Timestamp: 2023-05-09T22:52:28+00:00
Street Number Numeric: 1837
Trans Type: Sale


Road Access: Frontage Road
Road Frontage Type: State Road
Road Surface Type: Asphalt
Sprinkler: None


Township: Addison


Current Financing: Conventional, Other
Disclosures: no
Disclosures: Not Applicable
Possession: Closing
Price Change Timestamp: 2023-05-09T22:52:28+00:00
Semi Annual Property Tax Amount: 1438
Special Listing Conditions: As Is
Tax Year: 2020

Zoning Info

©2023 Metropolitan Indianapolis Board of REALTORS®. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Listing information is deemed reliable, but not guaranteed.
Data last updated: Sunday, June 4th, 2023 07:50:35 PM.
Listing courtesy of Monteith-Legault Real Estate C
Listing courtesy of Monteith-Legault Real Estate C

Contact - Listing ID 21852924

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Monteith-Legault Real Estate Company

5212 S. Madison Avenue Suite K
Phone: 317-861-7261
Phone Alt: 317-442-1215

Data services provided by IDX Broker