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    Shelby, MI Commercial Real Estate for Sale

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    New Era, MI Hart, MI Mears, MI
    12 listings
    Restaurant and Retail Building
    $775,000
    4,043 SF
    Restaurant and Retail Building

    50285 Mound Road, Shelby, MI 48317

    Multi-use building on 1.59 acres with on-site parking and flexibility for restaurant, retail, or office users.
    • 4043 sq ft commercial building currently operating as Esplendido Mexican Restaurant
    • Set on 1.59 acres along Mound Road with high‑traffic exposure
    • Spacious layout with flexibility for restaurant, retail, office, or other commercial uses
    • Built in 1976 with flat roof
    • Utilities include public water; HVAC features forced‑air heat and central air with an exhaust fan (cooling)
    Updated: Apr 1
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    Restaurant Building with Outdoor Patio
    $1,070,000
    4,043 SF
    Restaurant Building with Outdoor Patio

    50285 Mound Road, Shelby, MI 48317

    4043 sq ft restaurant building on 1.59 acres with outdoor patio, tiki bar, and substantial on-site parking.
    • 4,043 SF commercial building on 1.59 acres along Mound Road
    • Built in 1976 with forced‑air heating and flat roof
    • Property is currently the Esplendido Mexican Restaurant, with a layout suited for restaurant or other commercial uses
    • Includes a spacious dining area, outdoor patio, and distinctive Tiki Bar
    • Fire suppression system and essential infrastructure are in place
    Updated: Apr 3
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    Renovated Car Wash Business Opportunity
    $269,900
    900 SF
    Renovated Car Wash Business Opportunity

    Turnkey car wash business with new equipment and village utilities.

    556 N State, Shelby, MI 49455

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    Shelby, MI Commercial Opportunity
    $150,000
    1,248 SF
    Shelby, MI Commercial Opportunity

    Commercial property for sale in high-visibility Shelby, Michigan location.

    60 W 3rd Street, Shelby, MI 49455

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    Mexican Restaurant Business
    $295,000
    Mexican Restaurant Business

    Business-only sale of Esplendido Mexican Restaurant with established branding and operating systems.

    50285 Mound Road, Shelby, MI 48317

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    Market with Bakery and Meat Department
    $125,000
    4,200 SF
    Market with Bakery and Meat Department

    Grocery-style market with produce, full bakery, and meat department, plus Mediterranean kitchen for takeout and catering.

    45701 Hayes, Shelby, MI 48315

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    30 Acres of Open Land
    $169,900
    30.00 Acres
    30 Acres of Open Land

    30-acre parcel ideal for building, agriculture, or recreation.

    VL 144th Avenue, Shelby, MI 49455

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    20 Acres Near Lake Michigan
    $119,900
    20.00 Acres
    20 Acres Near Lake Michigan

    20 acres in Oceana County, short distance from Lake Michigan.

    V/L E Baseline Road, Shelby, MI 49455

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    Shelby Car Wash For Sale
    $269,900
    Shelby Car Wash For Sale

    Car wash property for sale in Shelby, Michigan.

    556 N State, Shelby, MI 49455

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    Versatile Commercial Space on Oceana Drive
    $82,500
    5,000 SF
    Versatile Commercial Space on Oceana Drive

    5000 sq ft building on large lot, flexible use.

    2598 S Oceana Dr, Shelby, MI 49455

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    Historic Mixed-Use Property in Shelby
    $174,900
    7,900 SF
    Historic Mixed-Use Property in Shelby

    Unique mixed-use property with retail, office, apartment, and warehouse.

    162 N Michigan Avenue, Shelby, MI 49455

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    Historical Shelby House of Worship
    $239,000
    9,993 SF
    Historical Shelby House of Worship

    Historical 22,000+ SF House of Worship in Shelby, Michigan.

    68 E 3rd St, Shelby, MI 49455

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 12 Active listings in Shelby, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Unit Commercial Property on Main Thoroughfare
    $285,000
    3,240 SF
    Two-Unit Commercial Property on Main Thoroughfare

    Two-unit commercial property with updates and flexible tenant options.

    6548 S Greenville Road, Greenville, MI 48838

    View details
    66 Acres Development Opportunity
    $665,000
    66.27 Acres
    66 Acres Development Opportunity

    66-acre parcel suitable for residential, commercial, or green energy development.

    6325 S Greenville Road, Greenville, MI 48838

    View details
    Historic Church with Commercial Kitchen
    $299,000
    13,225 SF
    Historic Church with Commercial Kitchen

    Versatile church property with commercial kitchen and ample parking.

    Gowen, MI 49326

    View details
    Gowen Commercial Land For Sale
    $895,000
    Gowen Commercial Land For Sale

    Commercial land available in Gowen, Michigan.

    14190 19 mile Road NE, Gowen, MI 49326

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    Off-Market Properties in Shelby, MI

    Consider similar Off-Market properties in Shelby, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    162 Michigan Ave
    COMMERCIAL (GENERAL)
    Lot: 0.41 Acres

    162 Michigan Ave, Shelby, MI 49455-1028

    View details
    110 Bevier St
    COMMERCIAL (GENERAL)
    Lot: 1.03 Acres
    Value Estimation by Request

    110 Bevier St, Shelby, MI 49455

    View details
    97 Rankin St
    COMMERCIAL (GENERAL)
    Lot: 2.50 Acres
    Value Estimation by Request

    97 Rankin St, Shelby, MI 49455-9702

    View details
    2598 Oceana Dr
    COMMERCIAL (GENERAL)
    Lot: 0.54 Acres
    Value Estimation by Request

    2598 Oceana Dr, Shelby, MI 49455-9210

    View details
    3410 Scenic Dr
    COMMERCIAL (GENERAL)
    Lot: 143.95 Acres
    Value Estimation by Request

    3410 Scenic Dr, Shelby, MI 49455-9545

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    5450 Shelby Rd
    COMMERCIAL (GENERAL)
    Lot: 2.20 Acres
    Value Estimation by Request

    5450 Shelby Rd, Shelby, MI 49455-9243

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    4282 Shelby Rd
    COMMERCIAL (GENERAL)
    Lot: 2.59 Acres
    Value Estimation by Request

    4282 Shelby Rd, Shelby, MI 49455-8683

    View details
    179 Michigan Ave
    COMMERCIAL (GENERAL)
    Lot: 0.07 Acres
    Value Estimation by Request

    179 Michigan Ave, Shelby, MI 49455-1024

    View details
    980 Industrial Park Dr
    INDUSTRIAL (GENERAL)
    Lot: 4.48 Acres
    Value Estimation by Request

    980 Industrial Park Dr, Shelby, MI 49455-8234

    View details
    5421 Shelby Rd
    COMMERCIAL (GENERAL)
    Lot: 3.02 Acres
    Value Estimation by Request

    5421 Shelby Rd, Shelby, MI 49455-8416

    View details
    1967 Shelby Rd
    COMMERCIAL (GENERAL)
    Lot: 1.30 Acres
    Value Estimation by Request

    1967 Shelby Rd, Shelby, MI 49455-9704

    View details
    210 Michigan Ave
    COMMERCIAL (GENERAL)
    Lot: 0.19 Acres
    Value Estimation by Request

    210 Michigan Ave, Shelby, MI 49455-1007

    View details

    Shelby, MI Commercial Real Estate Investment Opportunities Market Analysis

    Explore 72 commercial real estate for sale in Shelby, MI, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 37,327 square feet of properties for sale, with an estimated market value of $2,886,300.

    Sale prices for business properties in Shelby, MI start at $82,500, averaging $360,787, and reaching up to $1,070,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 5,272
    Population Growth (5Y) +10.1%
    Median Household Income $65,640
    College Educated 29.1%

    High-Yield Neighborhoods for Investment

    Identify Shelby submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Shelby $194.4K
    Utica $566.3K

    Taxes & Financing

    Tax Rate (average for all types) 3.67%
    Property Tax per SF $92.89 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Oceana County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Shelby, MI

    • 49455
    • 48317
    • 48315

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