About This Home
This 0-bedroom, 0-bathroom commercial at 50285 Mound Road in Shelby, MI is listed for $1,070,000 ($265 per sqft). Built in 1976, the home offers 4,043 sqft of living space on a 1.59 acres lot.
Key Features
- Built in 1976
- 1.59 acre lot
Property Details
Amenities
Positioned for maximum visibility and success, this exceptional 4043 sq ft commercial building sits on 1.59 acres along bustling Mound Road, offering outstanding exposure in a high-demand corridor. Currently home to the well-known Esplendido Mexican Restaurant, the property features a versatile layout ideal for continued restaurant use or adaptable for retail, office, or other commercial ventures.
The expansive site provides abundant on-site parking with additional space for future expansion or redevelopment, making it a rare and valuable asset for both owner-users and investors. In addition to the real estate, the thriving restaurant business is available, presenting a true turnkey opportunity with immediate income potential.
This established destination is fully equipped for seamless operation. Highlights include a spacious dining area, inviting outdoor patio, and a distinctive Tiki Bar that enhances the overall customer experience. The property is outfitted with a fire suppression system and all essential infrastructure.
Whether you're looking to expand your portfolio or step into ownership of a fully operational restaurant, this high-profile opportunity delivers location and visibility. Flexible purchase options are available, including the possibility to acquire the real estate independent of the business operation.
Monthly Cost Estimate
$5,723/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
50285 Mound Road
Shelby, MI 48317
Property Details
Heating
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 50285 Mound Road is listed at $1,070,000 ($265/sqft). The estimated monthly payment is $5,723 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1976, 1.59 acre lot.
This property is listed by Maria McGuire and can be reached at 5869964059.