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2598 Oceana Dr 4,900 SF Retail Building Shelby, MI 49455 $82,500 ($16.84/SF)
Investment Highlights
- 5,000± SF blank-canvas building on slab foundation with wood-clad cinderblock construction; ideal for commercial build-out or spacious personal use
- New roof installed in 2021; former restaurant converted to warehouse/woodshop, with rail trail behind offering creative revenue opportunities
- Large lot with expansion potential, ample parking, and direct access from recently renewed Oceana Dr
Executive Summary
Blank canvas for your business aspirations or for creating a unique personal residence with tons of space for your toys, and hobbies. The existing infrastructure (wood-clad, cinderblock exterior walls) on slab foundation allow for a build-out of your liking. The large lot offers ample space for parking, or future expansion. The structure is approximately 5000 square feet, and had a professionally installed roof put on in 2021. Since it's glory days as a restaurant, the building was gutted and used as a warehouse and woodshop since 2021. Oceana Dr has recently been renewed allowing easy access to the building. The ''rail trail'' runs behind the building and could become a revenue source for a creative buyer.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,900 SF
Building Class
C
Year Built
1945
Price
$82,500
Price Per SF
$16.84
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.56 AC
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 046-020-100-20 | Improvements Assessment | $14,300 |
| Land Assessment | $31,900 | Total Assessment | $46,200 |
Property Taxes
Parcel Number
046-020-100-20
Land Assessment
$31,900
Improvements Assessment
$14,300
Total Assessment
$46,200
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Joel Soelberg
2598 Oceana Dr
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