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Renovated Professional Office Building
For Sale
$650,000

50515 Mound Rd, Shelby Township, MI 48317

Professional office property with updated building systems, side and rear parking, and supporting due diligence materials.

Property Size2,444 SF
Lot Size0.91 Acres
Price / SF$265.96
Days on Market40

Property Features for 50515 Mound Rd

General Information

Standard status Active
Size 2,444 SF
Lot size 0.91 Acres

Taxes and HOA fees

Annual Taxes $8,688

Building Details

Year Renovated 2010
Buildings 1
Listing Agency: Max Broock, REALTORS-Birmingham
Listed By: Benjamin Meldrum
Source: Exprealty
Added: Jul 30 Changed: Sep 5 Last Checked: Sep 7 at 12:13PM

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 Max Broock, REALTORS-Birmingham

Investment Insights

Based on property information with market context.

This professional office building contains 2,444 square feet on a 0.91-acre site at 50515 Mound Rd in Shelby Township, MI. The office was renovated in 2010, providing an updated setting for commercial occupancy. Parking is available along the side and rear of the building.

Building systems include a roof replaced in 2014, a new rooftop unit installed in 2018, and an additional furnace/AC serving the rear area that was added in 2011. A mortgage survey and Phase 1 Environmental report are on file, providing established documentation for review.

Key Highlights

  • 2,444‑square‑foot office building on 0.91 acres
  • Office renovation completed in 2010
  • Roof replaced in 2014

Property Analytics

Current Use

Bella Vita Counseling ... Counselor HR Maxim, LLC Employment Agency Doran Wealth Strategies, ... Financial Advisor

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Dental Office Spa & Massage Center Skin Care Clinic

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

207
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Professional office property with updated building systems, side and rear parking, and supporting due diligence materials.
Where is this office building located?
The property is located at 50515 Mound Rd Shelby Township, MI.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 2,444‑square‑foot office building on 0.91 acres; Office renovation completed in 2010; Roof replaced in 2014
More about this property
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