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Mixed-Use Building With Apartment
For Sale
$180,000
Pending

216 N Michigan Avenue, Shelby, MI 49455

Main-level dining and commercial kitchen improvements are paired with separate upper-level living quarters.

Property Size4,514 SF
Days on Market42

Property Features for 216 N Michigan Avenue

General Information

Standard status Pending
Size 4,514 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $2,770

Building Details

Building Size 4,514 SF
Year Built 1900
Buildings 1
Stories 2
Units 2
Listing Agency: Town Square Real Estate Group LLC
Listed By: Christopher Wenk · License #6501435305
Source: Erareardonrealty
Added: Jul 21 Changed: Aug 30 Last Checked: Aug 30 at 7:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Town Square Real Estate Group LLC

Investment Insights

Based on property information with market context.

Built in 1900, this mixed-use property combines an operating breakfast restaurant and bakery with an upper-level apartment. The main floor includes a dining area and commercial kitchen, creating an established setup for food-service use. The layout also supports other restaurant, café, or bakery concepts.

A separate two-bedroom, one-bath apartment occupies the upper level, with independent living space above the commercial operation. The property is positioned in downtown Shelby along a high-traffic corridor with visibility from the street, surrounded by local businesses, community events, and pedestrian activity. The address is 216 N Michigan Avenue, Shelby, MI 49455.

Key Highlights

  • Operating breakfast restaurant and bakery in a mixed‑use commercial building
  • Main level includes dining space and a commercial kitchen
  • Upper‑level apartment includes 2 bedrooms and 1 bath

Property Analytics

Current Use

Shelby Bakery Restaurant

Suggested Use

Top Pick HVAC Service Law Firm Auto Parts Store Locksmith (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

182
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Wesco Shops & Services
8,583 visits/mo 0.5 miles
Dollar General Shops & Services
5,965 visits/mo 0.3 miles
Carquest Auto Parts Shops & Services
627 visits/mo 0.2 miles

Demographics for 49455, MI

5,197
Population
2,733
Households
1.9
Avg Household Size
39
Median Age
21%
College-Educated
87%
High-School Grad
84.8 sq mi
ZIP Area
61
Density / Sq Mi
$65,640
Median Household Income
$35,884
Median Earnings
$697
Median Rent
$144,900
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Main-level dining and commercial kitchen improvements are paired with separate upper-level living quarters.
Where is this mixed-use property located?
The property is located at 216 N Michigan Avenue Shelby, MI.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Operating breakfast restaurant and bakery in a mixed‑use commercial building; Main level includes dining space and a commercial kitchen; Upper‑level apartment includes 2 bedrooms and 1 bath
More about this property
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