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1837 E Michigan Road
Shelbyville, Indiana IN 46176
$699,000 Price
Active Status
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: 750000
Price Reduction Date: 2022-07-22T21:32:11+00:00
Property Sub Type: Retail
Property Type: Commercial Sale
Year Built: 1977
Zoning: BH


Building Size: 1800
Stories: 1


Building Utilities: Electric,Gas Connected,Municipal Sewer Connected,Municipal Water Connected
Interstate: Ramp1-3mi
Lot Size: 52,272
Road Access: Frontage Road, StateRoad
Road Frontage Type: State Road
Road Surface Type: Asphalt
Sprinkler: None


Township: Addison


Anchors Co Tenants: SeeRemarks
Cumulative Days On Market: 75
Current Use: Restaurant
Days On Market: 75
Direct Soliciting: no
Divisible: no
Documents: Aerial Photo
HVAC: Forced Air Heat/Comm. AC
Major Change Timestamp: 2022-07-22T20:40:58+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: FreeStand
Signage: Pylon
Space Available: 1800
Status Change Timestamp: 2022-05-09T19:49:05+00:00
Street Number Numeric: 1837
Supplement Count: 1
Trans Type: Sale
Virtual Tour URL Branded:


Contingency: Act with no Contingency
Current Financing: Conventional, Other
Current Price: 699000.00
Disclosure Other: As-Is
Disclosures: no
Disclosures: Not Applicable
Investment: no
Original List Price: 750000
Possession: Close of Escrow
Previous List Price: 750000
Price Change Timestamp: 2022-07-22T20:40:58+00:00
REO Relocation: no
Semi Annual Property Tax Amount: 1438
Tax Year: 2020

Zoning Info

©2022 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: Saturday, October 1st, 2022 10:57:19 PM.
Listing courtesy of Monteith-Legault Real Estate C
Listing courtesy of Monteith-Legault Real Estate C 317-498-6521

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