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    15133 Hall Rd Shelby Township, MI 48315

    Sponsored
    For Sale
    Contact for pricing

    Prime Shelby Twp location, 6,932 SF vacant restaurant.

    Property size:
    6,932 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,932 square foot restaurant and bar space is available for sale or lease in the thriving Shelby Township, Michigan market. Located at 15133 Hall Rd, this vacant property sits on a 1.539-acre lot and offers a prime opportunity for a new restaurant or bar concept. The property benefits from its strategic outlot position adjacent to a Meijer, ensuring high visibility and convenient access for customers. Hall Road (M-59), also known as the "Golden Corridor," is a bustling retail and dining destination in Metro Detroit, boasting significant economic impact. The area is densely populated with numerous national retailers, including Costco, Starbucks, Portillo's, Jollibee, Marshalls & Home Goods, Lowe's, Target, and Total Wine & More, creating a strong customer base and high foot traffic. This location provides excellent visibility and accessibility, making it an ideal spot for a successful restaurant or bar venture. The property's size and location offer significant potential for growth and profitability in a highly desirable commercial area. The property is classified as retail, with a subtype of restaurant and bar. The property is currently vacant, presenting a blank canvas for a new business to establish itself.

    Property Features for 15133 Hall Rd

    General Information

    Property type
    Restaurants
    Square Feet
    6,932 SF
    Lot Size
    67,039 SF

    HighLights

    • 6,932 SF restaurant/bar space for sale or lease in Shelby Township, MI.
    • Located on a 1.53‑acre lot at 15133 Hall Rd, a high‑traffic retail corridor.
    • Prime outlot location adjacent to a Meijer, with excellent visibility and accessibility.
    • Surrounded by strong national retailers, ensuring high foot traffic and a large customer base.
    • Currently vacant, offering a blank canvas for a new restaurant or bar concept.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shelby Township
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9748929
    Latitude
    42.6283345

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    FAQs

    What type of property is this?
    Restaurant - Prime Shelby Twp location, 6,932 SF vacant restaurant.
    Where is this restaurant located?
    The property is located at 15133 Hall Rd Shelby Township, MI.
    What are key features of this property?
    This property features: 6,932 SF restaurant/bar space for sale or lease in Shelby Township, MI.; Located on a 1.53-acre lot at 15133 Hall Rd, a high-traffic retail corridor.; Prime outlot location adjacent to a Meijer, with excellent visibility and accessibility.
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    15133 Hall Rd Shelby Township, MI 48315
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    Shelby Township, MI 48315
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15133 Hall Rd Shelby Township, MI 48315
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