Restaurant Building with
For Sale
$775,000
50285 Mound Road, Shelby, MI 48317
COM/IND/BUS OPP, Shelby, MI
Property Size4,043 SF
Lot Size1.59 Acres
Price / SF$191.69
Days on Market157
Property Features for 50285 Mound Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Patio and Porch features
Patio
Exterior features
Deck/Patio
Lot features
Main Street
Subdivision
Shelby Twp (50007)
Standard status
Active
APN
23-07-20-278-026
Size
4,043 SF
Lot size
1.59 Acres
Taxes and HOA fees
Tax Annual Amount
12946
Utilities
Heating system
Forced Air
Cooling system
Central Air, Exhaust Fan (Cooling)
Water source
Public
Building Details
Year built
1976
Roof type
Flat
Listing Agency:
RE/MAX Advisors · RE/MAX International
(586) 725-1900
Listed By:
Maria McGuire · License #6504242665
(586) 996-4059
Added: Apr 1
Changed: Sep 1
Last Checked: Sep 4 at 3:06AM
MLS# 50203079
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Investment Insights
Based on property information with market context.
This 4,043-square-foot restaurant building sits on a 1.59-acre parcel and includes an outdoor patio. The property was built in 1976 and is equipped with central air, exhaust-fan cooling, and forced-air heating. A flat roof and public water service complete the building’s core physical features.
Located at 50285 Mound Road in Shelby, Michigan, the property offers a substantial land component for on-site parking and other site improvements. The existing Esplendido Mexican Restaurant business is also available for purchase, providing an opportunity to acquire the operating business together with the real estate.
Located at 50285 Mound Road in Shelby, Michigan, the property offers a substantial land component for on-site parking and other site improvements. The existing Esplendido Mexican Restaurant business is also available for purchase, providing an opportunity to acquire the operating business together with the real estate.
Key Highlights
- 4,043‑square‑foot restaurant building on 1.59 acres
- Existing Esplendido Mexican Restaurant business also for sale
- Outdoor patio and deck area
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
210
Businesses Nearby
21k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar Tree
Shops & Services
9,776 visits/mo
0.5 miles
BP
Shops & Services
8,557 visits/mo
0.4 miles
Comerica Bank
Shops & Services
1,717 visits/mo
0.3 miles
Marathon
Shops & Services
572 visits/mo
0.4 miles
Demographics for 48317, MI
27,864
Population
12,936
Households
2.2
Avg Household Size
39
Median Age
32%
College-Educated
90%
High-School Grad
12.0 sq mi
ZIP Area
2,322
Density / Sq Mi
$72,465
Median Household Income
$41,895
Median Earnings
$1,227
Median Rent
$248,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant property with central air, forced-air heating, public water, and an outdoor patio area.
Where is this conventional restaurant located?
The property is located at 50285 Mound Road Shelby, MI.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 4,043‑square‑foot restaurant building on 1.59 acres; Existing Esplendido Mexican Restaurant business also for sale; Outdoor patio and deck area
