$480,000

Welcome to 29 Public Square, a 9,888 SF historic mixed-use property in the heart of Shelbyville's historic district, offering stable in-place income with significant value-add potential. The ground floor is occupied by an established tenant with a lease term through May 2029, providing cash flow from closing. The upper level is offered as-is and is well suited for repositioning as a vibrant community destination, such as event space, co-working, creative studios, or residential units, subject to buyer verification of zoning and permitted uses. The property sits within a designated DORA (Designated Outdoor Refreshment Area), steps from the square's festivals and community events, with free public parking in the garage directly across the street. A planned data center project nearby is expected to bring increased activity and demand to the area. Historic character, an established anchor tenant, and a growing downtown make this a compelling long-term investment. Lease and financial information are available to qualified buyers upon execution of an NDA. See Broker Bay for Showing instructions.