162 Michigan AveShelby, MI 49455

Property Details for 162 Michigan Ave

Lot size

0.41 AC

Property type

Other commercial real estate

APN

046-114-011-00

APU

4611401100

Description

This unique 7,900 square foot industrial property, situated on a 0.41-acre lot at 162 N Michigan in downtown Shelby, Michigan, presents a remarkable investment opportunity. The building boasts a substantial retail space and office area on the main floor, ideal for a variety of commercial uses. Upstairs, a spacious apartment features high ceilings, hardwood floors, and recently updated furnace and water heater. This upper level also includes a sizable area previously used as a Masons Lodge, offering significant additional space for various purposes. The property's versatility is further enhanced by an attached warehouse, complete with a drive-in door, perfect for storage, workshop use, or expansion of existing operations. The building's prime corner location ensures high visibility and convenient access to all amenities. Its proximity to Silver Lake and Lake Michigan provides easy access to the area's abundant outdoor recreational opportunities. The combination of commercial space, residential living, and ample storage makes this property a truly exceptional find. The property is priced at $184,900. This is a rare chance to acquire a historic building with significant potential in a desirable location. The possibilities are endless for a creative and ambitious buyer.

• Alternative Use

  Use

  Valuation

  Residential

  $3,733,738

  Hospitality

  $3,420,084

  Educational

  $2,845,470

  Medical

  $2,943,330

  Retail

  $4,426,286

Location Insight

City

Shelby

County

Oceana

State

Michigan

Latitude

43.6114

Longitude

-86.3634

Property Tax & Assessments

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