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    162 N Michigan Ave Shelby, MI 49455
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    162 N Michigan Ave, Shelby, MI 49455

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    • Commercial real estate
    • 0.41 lot acres
    Historic Mixed-Use Property in Shelby For Sale
    $174,900
    7,900 SF

    Historic Mixed-Use Property in Shelby

    Unique mixed-use property with retail, office, apartment, and warehouse.

    162 N Michigan Avenue, Shelby, MI 49455
    View Listing
    Property ID
    US43-3621056
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Treasures 2 antiques and collectibles / Home Decor Store / (Bike/Boat/Book/etc) Store

    Property Details for 162 N Michigan Ave

    Lot size
    0.41 lot acres
    Property type
    Commercial real estate
    APN
    046-114-011-00
    APU
    4611401100

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 9, 2026 — Shelby Village Holdings LLC Carolina Anzaldo Quitclaim Deed —
    Feb 13, 2026 $149,900 Rubicelia Berumen Kelli Porter Warranty Deed —
    Feb 13, 2026 — Deanna Carolina Anzaldo Rubicelia Berumen Warranty Deed —
    Apr 21, 2025 — Rubicelia Berumen Kelli Porter Deed —
    Mar 16, 2015 — Kelli J Hettmansperger Mary A Porter Intrafamily Transfer · related —
    Jul 21, 2005 — Mary A Porter Mary A Porter Intrafamily Transfer · related —

    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.


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    Location Insight

    • Map
    • Local Demand
    City
    Shelby
    County
    Oceana
    State
    Michigan
    Longitude
    -86.3634
    Latitude
    43.6114

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $3,284
    $5,000
    $76,200
    $81,200
    -
    $10,000
    $152,400
    $162,400
    View Listing
    More about this property
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