Realmo

Buy
- For Sale
- Post a Listing
Property Types
- Retail
  
  Automotive
  
  Gas Station
- Residential Income
  
  Multifamily
  
  Duplex
  
  Short Term Rental
- Hospitality
  
  Bed & Breakfast
- Land
  
  Residential
  
  Commercial
  
  Recreation
  
  Waterfront
  
  Hunting
Rent
Analytics
- Analytics Center
- Value Estimation
- Cap Rate
- Ownership Records
- Zoning Insight
- Location Intelligence
- Business Placement
- Recently Sold
- Off-Market Leads

Advertise Sign In

For Sale
- Retail
  - Automotive
  - Gas Station
- Residential Income
- Hospitality
  - Bed & Breakfast
- Land
  - Residential
  - Commercial
  - Recreation
  - Waterfront
  - Hunting
For Lease
Analytics Center
Value Estimation
Cap Rate
Ownership Records
Zoning Insight
Location Intelligence
Business Placement
Recently Sold
Off-Market Leads
Advertise
Find Brokers

Shelbyville, MI

Shelbyville, MI Commercial Real Estate for Sale

List

Map

Wayland, MI Martin, MI Middleville, MI Allegan, MI Otsego, MI Hopkins, MI Dorr, MI Plainwell, MI

Prime Land Near Gun Lake

Updated: Aug 8, 2025

Prime Land Near Gun Lake

1130 128th Avenue, Shelbyville, MI 49344

$2,850,000

18.00 AC lot

Prime location directly off 128th Avenue, adjacent to Gun Lake Casino.
Outstanding visibility and access for commercial development between Grand Rapids and Kalamazoo.
High traffic location due to proximity to the casino.
18‑acre parcel suitable for big‑box store, campground, or multi‑use business site.
Minutes from US‑131 for easy regional access.

As-Is AirBnB Bed & Breakfast

Updated: Apr 7

As-Is AirBnB Bed & Breakfast

Shelbyville, MI 49344

$175,000

Bed and breakfast building built in 2001
Located across the street from Gun Lake boat launch and launch site
Township approval for AirBnB
Offered for sale in as‑is condition for cash

Master-Planned Retail Land Site

Master-Planned Retail Land Site

1089 129th Ave, Shelbyville, MI 49348

Contact for pricing

1,600 sqft 5.23 AC lot

A 5.23-acre parcel with 465 feet of frontage on 129th, plus existing farmhouse, barns, and a 1,600 SF commercial building.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in Shelbyville, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 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.

Remodeled Corner Retail Building

Remodeled Corner Retail Building

203 N Main Street, Wayland, MI 49348

$379,000

1,813 sqft

Freestanding remodeled retail building on a corner lot with furnace/AC, roof, and water heater updates from a prior remodel.

Industrial Land with Rail Access

Industrial Land with Rail Access

1080 133rd Ave, Wayland, MI 49348

Contact for pricing

123.52 AC lot

Ample road frontage with municipal sewer and water nearby, plus rail running along the western edge.

Commercial and Industrial Land Tract

Commercial and Industrial Land Tract

3148 12th St, Wayland, MI 49348

Contact for pricing

Proposed annexation land package totaling approximately 467.45 acres across 29 parcels along 12th Street and related ROW.

Industrial Development Land

Industrial Development Land

1115 Reno Dr, Wayland, MI 49348

Contact for pricing

Development-ready industrial-zoned land with utilities available onsite and sewer required.

Off-Market Properties in Shelbyville, MI

Consider similar Off-Market properties in Shelbyville, 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.

780 127th Ave

COMMERCIAL (GENERAL)

780 127th Ave, Shelbyville, MI 49344-9542

$480,000

Estimated value

3,939 sqft 35.98 AC lot

127th Ave

VACANT COMMERCIAL LAND

127th Ave, Shelbyville, MI 49344

$275,000

Estimated value

0.45 AC lot

419 126th Ave

ARENA, CONVENTION CENTER

419 126th Ave, Shelbyville, MI 49344-9704

$460,000

Estimated value

9,794 sqft 39.00 AC lot

11798 9th Mile Rd

RESTAURANT

11798 9th Mile Rd, Shelbyville, MI 49344-9601

$320,000

Estimated value

1,582 sqft 0.42 AC lot

1108 129th Ave

WAREHOUSE, STORAGE

1108 129th Ave, Shelbyville, MI 49344-9577

$720,000

Estimated value

10,650 sqft 2.00 AC lot

1108 129th Ave

VACANT COMMERCIAL LAND

1108 129th Ave, Shelbyville, MI 49344-9577

$440,000

Estimated value

4,000 sqft 2.68 AC lot

12669 Marsh Rd

RETAIL STORES (PERSONAL SERVICES)

12669 Marsh Rd, Shelbyville, MI 49344-9482

$70,000

Estimated value

1,320 sqft 0.42 AC lot

Sterling Dr

VACANT COMMERCIAL LAND

Sterling Dr, Shelbyville, MI 49344

$60,000

Estimated value

0.52 AC lot

1069 126th Ave

RESTAURANT

1069 126th Ave, Shelbyville, MI 49344-9521

$275,000

Estimated value

3,915 sqft 6.50 AC lot

101 124th Ave

AUTO REPAIR, GARAGE

101 124th Ave, Shelbyville, MI 49344-9759

$355,000

Estimated value

3,840 sqft 0.80 AC lot

11925 Marsh Rd

SHOPPING CENTER, STRIP CENTER

11925 Marsh Rd, Shelbyville, MI 49344-9461

$425,000

Estimated value

7,462 sqft 1.86 AC lot

110 124th Ave

WAREHOUSE, STORAGE

110 124th Ave, Shelbyville, MI 49344-9766

$450,000

Estimated value

13,174 sqft 1.40 AC lot

7005 Marsh Rd

BARBER, HAIR SALON

7005 Marsh Rd, Shelbyville, MI 49344

$90,000

Estimated value

720 sqft 0.63 AC lot

124th Ave

COMMERCIAL (GENERAL)

124th Ave, Shelbyville, MI 49344

Value Estimation by Request

952 124th Ave

RETAIL STORES (PERSONAL SERVICES)

952 124th Ave, Shelbyville, MI 49344-9746

$165,000

Estimated value

4,340 sqft 0.65 AC lot

43 122nd Ave

LIGHT INDUSTRIAL

43 122nd Ave, Shelbyville, MI 49344-9710

$240,000

Estimated value

29,638 sqft 5.20 AC lot

2380 Patterson

MINI-WAREHOUSE, STORAGE

2380 Patterson, Shelbyville, MI 49344-9752

$115,000

Estimated value

1,716 sqft 0.24 AC lot

127 124th Ave

STORE, RETAIL OUTLET

127 124th Ave, Shelbyville, MI 49344-9744

$380,000

Estimated value

8,000 sqft 3.33 AC lot

2434 Maraleighde Dr

MINI-WAREHOUSE, STORAGE

2434 Maraleighde Dr, Shelbyville, MI 49344

$55,000

Estimated value

11,360 sqft 3.71 AC lot

124th Ave

VACANT COMMERCIAL LAND

124th Ave, Shelbyville, MI 49344

$285,000

Estimated value

3.12 AC lot

2701 12th St

OFFICE BUILDING

2701 12th St, Shelbyville, MI 49344-9502

$685,000

Estimated value

9,308 sqft 6.63 AC lot

Shelbyville, MI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Shelbyville, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 1,600 square feet of properties for sale, with an estimated market value of $3,025,000.

Sale prices for business properties in Shelbyville, MI start at $175,000, averaging $1,512,500, and reaching up to $2,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

Demographics Overview

Population 4,139

Population Growth (5Y) +21.0%

Median Household Income $76,420

College Educated 16.9%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
49344	$2M

Taxes & Financing

Tax Rate (average for all types) 2.90%

Property Tax per SF $96.97 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Allegan County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Allegan County

Retail

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings

Contact Us