5450 W Shelby Road Shelby, MI $ 650,000
5450 W Shelby Road
$ 650,000
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5450 W Shelby Road

Shelby, MI, 49455
$ 650,000
Bedrooms-- Baths--

Monthly Estimate*

$ 4,002

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Commercial Property for sale in Shelby, MI

for $650,000. This building was built in 2019 on a lot size of 2.2.

Great self-storage investment producing consistent monthly cash flow with minimal owner involvement. Conveniently located between US-31 and Stony/Silver Lakes, this property provides high visibility and easy access. It has experienced steady occupancy growth year after year and is ready for the next phase of expansion. Current ownership recommends constructing 1 more building and adding fencing to attract RV & boat storage. Built in 2019 & 2022, the buildings features industry-standard Trachte all-steel construction for durability and low maintenance. The property is already set up for easy remote management and all tenants are on monthly autopay. The seller is willing to train the new owner. Priced at an attractive 8% cap rate, with value-add opportunity, this is an investment that is hard to beat.

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Commercial Active

Price

$ 650,000

Property Type

Commercial

Taxes

$ 9,165

Style

Business

Lot Size

2.2

Year Built

2019

Town/City

Shelby

County/Region

Oceana

MLS | Web ID

25046339

Features
Interior
Interior Amenities Broadband
Total Stories 1
Basement (Y/N) N
Heating Y/N N
Total Baths 0
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General
Sewer None
Heating None
Utilities Electricity Available None
Roof Metal
Construction Materials Metal Siding
Year Built 2019
Township Benona Twp
Property Subtype Business
Tax Year 2024
Gross Income 72000.0
Business Type Storage
County Oceana
Net Operating Income 60000.0
Operating Expense 12000.0
New Construction N
Property Type Commercial Sale
Full Baths 0
Status Active
Directions From US31 and Shelby Rd head west on Shelby Rd to North on 58th to access driveway running west to property.
City Shelby
High School District Shelby
Number Of Units Total 63
MLS Area MasonOceanaManistee - O
Lot Size Units Acres
Lot Size Square Feet 95832.0
Listing Terms Conventional Cash
Land Lease Y/N N
Tax Annual Amount 9165.38
Lease Renewal Y/N N
MLS Area Minor MasonOceanaManistee - O
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 208117
Legal Description SEC 13 T14N R18W -2.2 A M/L- S 1/4 OF E 1/2 OF SW 1/4 OF NW 1/4 EXC E 373 FT THOF SUBJ TO ESMT 2024/3048
Senior Community None
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Exterior
Water Source None
Inclusions Real Estate
Lot Size Area 2.2
Foundation Details Slab
Number of Buildings 2
Spa N
Building Area Total 12000.0
Lot Dimensions 287x330 m/l
Lot Size Acres 2.2
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 5450
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* Excluded Features
List By
Wickstra Realty, Inc.

Broker

calvin@wickstra.com

Email

Affordability Calculator

$4,766
Per Month
84%
16%
0%
Monthly Principal & Interest
$4,002
Monthly Property Taxes
$764
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
249206 Elementary School
250503 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/12/2025$650,000 -13.33% Price Down
9/10/2025$750,000 Listed Price

Map


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5450 W Shelby Road, Shelby, MI, 49455 is a Commercial Property for sale at $650,000 with a lot size of 2.2. 5450 W Shelby Road was built in 2019. The property's zip code is 49455 which is in Shelby, MI