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    Shelby, MI Retail Properties & Spaces for Sale

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    New Era, MI Hart, MI Mears, MI
    7 listings
    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
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    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
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    Renovated Car Wash Business Opportunity
    $269,900
    900 SF
    Renovated Car Wash Business Opportunity

    Turnkey car wash business with new equipment and village utilities.

    556 N State, Shelby, MI 49455

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    Shelby, MI Commercial Opportunity
    $150,000
    1,248 SF
    Shelby, MI Commercial Opportunity

    Commercial property for sale in high-visibility Shelby, Michigan location.

    60 W 3rd Street, Shelby, MI 49455

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    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

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    Shelby Car Wash For Sale
    $269,900
    Shelby Car Wash For Sale

    Car wash property for sale in Shelby, Michigan.

    556 N State, Shelby, MI 49455

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    Historic Mixed-Use Property in Shelby
    $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

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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 7 Active listings in Shelby, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

    High-Visibility Retail Store on M-66
    $475,000
    7,100 SF
    High-Visibility Retail Store on M-66

    7,724 sq ft commercial building on 2 acres.

    650 S State Street, Stanton, MI 48889

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    Commercial Land with Retail Store
    $975,000
    7,724 SF
    Commercial Land with Retail Store

    35.83 acres of commercial land with 10,124 SF buildings.

    650 S State Street, Stanton, MI 48888

    View details
    Updated Commercial Building in Crystal
    $495,000
    3,399 SF
    Updated Commercial Building in Crystal

    Remodeled commercial building with garage, shop, and office space.

    403 S Main Street, Crystal, MI 48818

    View details
    Dollar General NNN Investment Property
    $1,408,242
    9,235 SF
    Dollar General NNN Investment Property

    NNN Dollar General in Crystal, MI with 13+ years remaining.

    705 S Main St, Crystal, MI

    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.

    Pole Barn on Commercial Land
    $70,000
    1.59 Acres
    Pole Barn on Commercial Land

    1.59-acre property with a 36x46 pole barn, finished office space, and multiple roller doors for flexible use.

    305 E Lasalle Street, Crystal, MI 48816

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    Commercial Land in Stanton, MI
    $44,995
    1.60 Acres
    Commercial Land in Stanton, MI

    Undeveloped 1.6-acre commercial lot in high-traffic area.

    V/L Lot 5 S State Street, Stanton, MI 48888

    View details
    Commercial Land in Ionia, MI
    $39,900
    0.56 Acres
    Commercial Land in Ionia, MI

    Over 0.5 acre building site with frontage on M21.

    615 & 625 E Lincoln Avenue, Ionia, MI 48846

    View details
    Commercial Land on Greenville Road
    $285,000
    Commercial Land on Greenville Road

    Commercial land available on Greenville Road in Greenville, Michigan.

    6548 S Greenville Road, Greenville, MI 48838

    View details

    Off-Market Properties in Shelby, MI

    Consider similar Off-Market properties in Shelby, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    24 Mile
    Land
    Lot: 3.14 Acres
    Value Estimation by Request

    24 Mile, Shelby, MI 48316

    View details

    Shelby, MI Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 8 retail properties & spaces for sale in Shelby, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 22,334 square feet of properties for sale, with an estimated market value of $2,564,800.

    Sale prices for stores in Shelby, MI start at $125,000, averaging $427,466, 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Automotive properties 2
    Car washes 2
    Storefront properties 2
    Grocery and convenience stores 1

    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 $216.2K
    Utica $656.7K

    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)

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    Most Searched ZIP Codes in Shelby, MI

    • 49455
    • 48317
    • 48315

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