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    Shelby, MI Retail Space for Sale

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    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
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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
    View details
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Shelby, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Retail-Office Building with Detached Garage
    $800,000
    3,943 SF
    Retail-Office Building with Detached Garage

    Mixed-use flexible building with on-site parking and a 1.5-car detached garage with loft for storage or workspace.

    45199 Cass Avenue, Utica, MI 48317

    View details
    Mixed-Use Retail and Office Space
    $1,600,000
    4,350 SF
    Mixed-Use Retail and Office Space

    Recently constructed retail and office space near downtown Rochester, MI.

    311 W University Dr, Rochester, MI

    View details
    Main Street Mixed-Use Opportunity
    $649,777
    Main Street Mixed-Use Opportunity

    Mixed-use property with office and rental potential in Rochester.

    815 N Main St, Rochester, MI 48307

    View details
    Established Jewelry Business Opportunity
    $69,900
    1,600 SF
    Established Jewelry Business Opportunity

    Operating jewelry business for sale with safes and displays.

    8771 Hall Rd, Utica, MI 48317

    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.

    Prime PUD-Zoned Land Opportunity
    $1,599,000
    900 SF
    Prime PUD-Zoned Land Opportunity

    2.07 acres of PUD-zoned land in a growing corridor.

    3229 State Road 207, Elkton, FL 32033

    View details

    Shelby, MI Retail Space Market Trends and Statistics

    Explore 2 retail space for sale in Shelby, MI on our real estate platform. These investment opportunities span a total of 8,086 square feet of properties for sale, with an estimated market value of $1,845,000.

    Sale prices for retail space in Shelby, MI start at $775,000, averaging $922,500, 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
    Utica - 48317 $922.5K

    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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