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$ 1,070,000
Est. payment /mo
Active
50285 Mound Road Shelby, MI 48317
4,043 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 4,043 sqft
Price per Sqft $264
Subdivision Mi
MLS Listing ID 50203249
Year Built 1976
Annual Tax Amount $12,946
Lot Size 1.590 Acres
Acres 1.59
Lot Dimensions 155 x irreg
Property Sub-Type Commercial/Industrial
Property Description
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.
Location
State MI
County Macomb
Area Shelby Twp (50007)
Zoning Commercial
Interior
Heating Forced Air
Cooling HVAC
Exterior
Parking Features 21+ Spaces
Roof Type Flat
Building
Foundation Slab
Water Public Water
Structure Type Concrete/Block,Full Masonry
Others
Ownership Private
SqFt Source Public Records
Energy Description Natural Gas
Financing Cash,Conventional
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Listed by RE/MAX Advisors