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Versatile Commercial Space on Oceana Drive
For Sale
$75,000

2598 S Oceana Dr, Shelby, MI 49455

5000 sq ft building on large lot, flexible use.

Property Size1,700 SF
Price / SF$15
Days on Market142

Property Features for 2598 S Oceana Dr

General Information

Standard status Active
Size 1,700 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $2,022

Building Details

Building Size 1,700 SF
Year Built 1945
Listing Agency: KERMATH REALTY LLC
Listed By: Jeff Kermath · License #6502334057
Source: Elliman
Added: Apr 13 Changed: Aug 23 Last Checked: Aug 30 at 8:58PM

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 KERMATH REALTY LLC

Investment Insights

Based on property information with market context.

This property offers a blank canvas for various business aspirations or the creation of a unique personal residence with ample space for hobbies. The existing infrastructure features wood-clad, cinderblock exterior walls on a slab foundation, allowing for a customized build-out. The large lot provides ample space for parking or future expansion. The structure, approximately 5000 square feet, had a professionally installed roof in 2021. Previously a restaurant, the building was gutted and used as a warehouse and woodshop since 2021. Oceana Drive has recently been renewed, providing easy access to the building. The "rail trail" runs behind the building and could become a revenue source for a creative buyer. The location has a bike score of 52, indicating it is bikeable, and a walk score of 8, indicating car dependence.

Key Highlights

  • Large 5000 sq ft structure on a large lot, providing ample space for various uses and future expansion.
  • Blank canvas with existing infrastructure (wood‑clad, cinderblock exterior walls, slab foundation) allows for customized build‑out.
  • Professionally installed roof in 2021.

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Storage Facility Garden Center Locksmith (Bike/Boat/Book/etc) Store Real Estate Agency Hair Salon

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

23
Businesses Nearby
Well-served
Demand for This Use

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Similar Off Market Nearby

  • American Storage USA Shelby 440 S State St, Shelby, MI 49455

Frequently Asked Questions

What type of property is this?
Warehouse - 5000 sq ft building on large lot, flexible use.
Where is this warehouse located?
The property is located at 2598 S Oceana Dr Shelby, MI.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Large 5000 sq ft structure on a large lot, providing ample space for various uses and future expansion.; Blank canvas with existing infrastructure (wood‑clad, cinderblock exterior walls, slab foundation) allows for customized build‑out.; Professionally installed roof in 2021.
More about this property
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