Advertise
    Shelby, MI
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Shelby, MI Restaurants for Sale

    Notify Me
    List
    Map
    New Era, MI Hart, MI Mears, MI
    Restaurant and Retail Building
    $775,000
    4,043 SF
    Restaurant and Retail Building

    50285 Mound Road, Shelby, MI 48317

    Multi-use building on 1.59 acres with on-site parking and flexibility for restaurant, retail, or office users.
    • 4043 sq ft commercial building currently operating as Esplendido Mexican Restaurant
    • Set on 1.59 acres along Mound Road with high‑traffic exposure
    • Spacious layout with flexibility for restaurant, retail, office, or other commercial uses
    • Built in 1976 with flat roof
    • Utilities include public water; HVAC features forced‑air heat and central air with an exhaust fan (cooling)
    Updated: Apr 1
    View details
    Restaurant Building with Outdoor Patio
    $1,070,000
    4,043 SF
    Restaurant Building with Outdoor Patio

    50285 Mound Road, Shelby, MI 48317

    4043 sq ft restaurant building on 1.59 acres with outdoor patio, tiki bar, and substantial on-site parking.
    • 4,043 SF commercial building on 1.59 acres along Mound Road
    • Built in 1976 with forced‑air heating and flat roof
    • Property is currently the Esplendido Mexican Restaurant, with a layout suited for restaurant or other commercial uses
    • Includes a spacious dining area, outdoor patio, and distinctive Tiki Bar
    • Fire suppression system and essential infrastructure are in place
    Updated: Apr 3
    View details
    Mexican Restaurant Business
    $295,000
    Mexican Restaurant Business

    Business-only sale of Esplendido Mexican Restaurant with established branding and operating systems.

    50285 Mound Road, Shelby, MI 48317

    View details
    Market with Bakery and Meat Department
    $125,000
    4,200 SF
    Market with Bakery and Meat Department

    Grocery-style market with produce, full bakery, and meat department, plus Mediterranean kitchen for takeout and catering.

    45701 Hayes, Shelby, MI 48315

    View details
    Versatile Commercial Space on Oceana Drive
    $82,500
    5,000 SF
    Versatile Commercial Space on Oceana Drive

    5000 sq ft building on large lot, flexible use.

    2598 S Oceana Dr, Shelby, MI 49455

    View details
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in Shelby, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turn-Key Restaurant Opportunity in Grand Blanc
    $300,000
    1,200 SF
    Turn-Key Restaurant Opportunity in Grand Blanc

    Restaurant with full kitchen, liquor license, and loyal customers.

    12235 S Saginaw Street, Grand Blanc, MI 48439

    View details
    Restored Fenton Commercial Building
    $995,000
    1,734 SF
    Restored Fenton Commercial Building

    Renovated 1,734 SF commercial building in Fenton's business district.

    16237 Jennings Road, Fenton, MI 48430

    View details
    Turnkey Commercial Opportunity in Fenton
    $1,300,000
    2,375 SF
    Turnkey Commercial Opportunity in Fenton

    Operating business and real estate for sale in Fenton.

    1, N Leroy St, Fenton, MI 48430

    View details
    Grand Blanc Turn-Key Restaurant
    $350,000
    2,100 SF
    Grand Blanc Turn-Key Restaurant

    Turn-key restaurant with liquor license in downtown Grand Blanc.

    12235 S Saginaw St, Grand Blanc, MI 48439

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Grand Blanc Commercial Land Opportunity
    $450,000
    2.66 Acres
    Grand Blanc Commercial Land Opportunity

    2.66 acres in Grand Blanc, unlimited potential, close to expressway.

    610 E Grand Blanc Rd, Grand Blanc, MI 48439

    View details
    Commercial Land with High Visibility
    $100,000
    Commercial Land with High Visibility

    Prime commercial land with excellent access and development potential.

    5082 Miller Rd, Flint, MI 48507

    View details
    Commercial Land in Davisburg
    $399,900
    6.25 Acres
    Commercial Land in Davisburg

    6.25 acre commercial land parcel in downtown Davisburg.

    Davisburg, MI 48350

    View details
    Commercial Land in Davisburg
    $399,900
    6.25 Acres
    Commercial Land in Davisburg

    6.25 acre commercial land in downtown Davisburg.

    Davisburg, MI 48350

    View details

    Shelby, MI Restaurants Investment Opportunities Market Analysis

    Explore 5 restaurants for sale in Shelby, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 17,286 square feet of properties for sale, with an estimated market value of $2,052,500.

    Sale prices for restaurant properties in Shelby, MI start at $82,500, averaging $513,125, and reaching up to $1,070,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 4

    Demographics Overview

    Population 5,272
    Population Growth (5Y) +10.1%
    Median Household Income $65,640
    College Educated 29.1%

    High-Yield Neighborhoods for Investment

    Identify Shelby submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Shelby $82.5K
    Utica $713.3K

    Taxes & Financing

    Tax Rate (average for all types) 3.67%
    Property Tax per SF $92.89 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Oceana County

    New Delisted

    Total CRE Inventory on Market (SF)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Restaurants for Sale Near Shelby, MI

    Popular Searches in Shelby, MI

    Popular Categories

    Most Searched ZIP Codes in Shelby, MI

    • 48317
    • 48315
    • 49455

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!