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    Shepherd, MI
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    Shepherd, MI Commercial Real Estate for Sale

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    Mount Pleasant, MI Saint Louis, MI Alma, MI
    6 results
    Historic Mixed-Use Income Opportunity
    $489,000
    5,200 SF

    Historic Mixed-Use Income Opportunity

    323 W Wright Avenue, Shepherd, MI 48883

    Mixed-use property with retail and short-term rental income.

    • Prime Main Street location in a desirable area with high visibility and foot traffic.
    • Mixed‑use property with existing cash flow from retail and short‑term rentals (Airbnb).
    • Flexible configuration with potential for conversion to multifamily, student housing, or expanded commercial space.
    • Over 5000 sq ft of finished space, including a mostly finished lower floor with separate entrance.
    • Includes a vacant side lot with yardage and a large parking lot.
    Updated: Mar 21
    View details
    Unique Corner-Lot Industrial Building
    $175,000
    3,612 SF

    Unique Corner-Lot Industrial Building

    5496 W Isabella Road, Shepherd, MI 48883

    Versatile industrial building with living quarters and artistic flair.

    • Versatile corner‑lock industrial building suitable for auto work, storage, or creative space.
    • Compact upstairs living quarters ideal for a live/work setup.
    • Prominent corner lot location.
    • Unique, artistic paint job recognized as a local landmark.
    • Tall garage doors for easy access and functionality.
    Updated: May 26, 2025
    View details
    Historic Mixed-Use Income Opportunity
    $489,000
    5,000 SF

    Historic Mixed-Use Income Opportunity

    Rare mixed-use property with retail and short-term rental income.

    323 W Wright Ave, Shepherd, MI 48883
    View details
    Versatile Commercial Property on Major Road
    $140,000
    43,560 SF

    Versatile Commercial Property on Major Road

    Prime commercial property with high visibility and multiple income streams.

    4235 W Isabella Road, Shepherd, MI 48883
    View details
    $50,000
    1.34 Acres

    Land in Shepherd, Michigan

    1.34 acre commercial land in the heart of Oil City.

    5437 W ISABELLA Road, Shepherd, MI 48883
    View details
    Versatile Commercial Property on State Road
    $140,000
    43,560 SF

    Versatile Commercial Property on State Road

    Commercial property with storefronts, mobile homes, and development potential.

    4235 W Isabella, Shepherd, MI 48883
    View details
    Based on your search, we've compiled 232 Potential Opportunities for your consideration. Besides 6 Active listings in Shepherd, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 222 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Industrial Building with Acreage
    $550,000
    7,000 SF

    Industrial Building with Acreage

    Industrial building featuring warehouse, office space, and expansion potential.

    5776 Venture Way, Mt Pleasant, MI 48858
    View details
    Commercial Land with Rental Income
    $699,900
    2.63 Acres

    Commercial Land with Rental Income

    2.63 acres with frontage and existing rental income.

    4205 & 4173 S Isabella Road, Mt Pleasant, MI 48858
    View details
    Retail Space Near Soaring Eagle
    Contact for pricing
    13,885 SF

    Retail Space Near Soaring Eagle

    Prime retail space adjacent to Soaring Eagle Casino and Resort.

    2410 S Leaton Rd, Mount Pleasant, MI 48858
    View details
    Commercial Land on M20
    $159,900
    152,460 SF

    Commercial Land on M20

    Commercial land available near casino and downtown Mount Pleasant.

    9926 East Pickard Road, Mount Pleasant, MI 48858
    View details

    Off-Market Properties in Shepherd, MI

    Consider similar Off-Market properties in Shepherd, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    5356 School Rd

    5356 School Rd

    COMMERCIAL (GENERAL) • 3.05 Acres
    Value Estimation by Request
    5356 School Rd, Shepherd, MI 48883-9626
    View details
    4993 Isabella Rd

    4993 Isabella Rd

    WHOLESALE OUTLET, DISCOUNT STORE • 8,640 SF
    Value Estimation by Request
    4993 Isabella Rd, Shepherd, MI 48883-9676
    View details
    5369 Isabella Rd

    5369 Isabella Rd

    COMMERCIAL (GENERAL) • 22.77 Acres
    Value Estimation by Request
    5369 Isabella Rd, Shepherd, MI 48883-9619
    View details
    7631 Wn County Line Rd

    7631 Wn County Line Rd

    COMMERCIAL (GENERAL) • 5.00 Acres
    Value Estimation by Request
    7631 Wn County Line Rd, Shepherd, MI 48883
    View details
    5455 Isabella Rd

    5455 Isabella Rd

    WHOLESALE OUTLET, DISCOUNT STORE • 9,170 SF
    Value Estimation
    $520,000
    5455 Isabella Rd, Shepherd, MI 48883-9619
    View details
    4235 Isabella Rd

    4235 Isabella Rd

    RETAIL STORES (PERSONAL SERVICES) • 2,736 SF
    Value Estimation by Request
    4235 Isabella Rd, Shepherd, MI 48883-8617
    View details
    352 Wright Ave, Unit 9

    352 Wright Ave, Unit 9

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    352 Wright Ave, Shepherd, MI 48883-9375
    View details
    204 Wright Ave, Unit 8

    204 Wright Ave, Unit 8

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    204 Wright Ave, Shepherd, MI 48883-2502
    View details
    239 Wright Ave, Unit 7

    239 Wright Ave, Unit 7

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    239 Wright Ave, Shepherd, MI 48883-2502
    View details
    309 Wright Ave, Unit 7

    309 Wright Ave, Unit 7

    COMMERCIAL (GENERAL) • 0.13 Acres
    Value Estimation by Request
    309 Wright Ave, Shepherd, MI 48883-2515
    View details
    309 Wright Ave, Unit 7

    309 Wright Ave, Unit 7

    VACANT COMMERCIAL LAND • 0.10 Acres
    Value Estimation by Request
    309 Wright Ave, Shepherd, MI 48883-2515
    View details
    106 Wright Ave, Unit 6

    106 Wright Ave, Unit 6

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    106 Wright Ave, Shepherd, MI 48883-2500
    View details
    249 Wright Ave, Unit 4

    249 Wright Ave, Unit 4

    COMMERCIAL (GENERAL) • 0.05 Acres
    Value Estimation by Request
    249 Wright Ave, Shepherd, MI 48883-2502
    View details
    168 Wright Ave, Unit 36

    168 Wright Ave, Unit 36

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    168 Wright Ave, Shepherd, MI 48883-9079
    View details
    365 Wright Ave, Unit 3

    365 Wright Ave, Unit 3

    VACANT COMMERCIAL LAND • 0.15 Acres
    Value Estimation by Request
    365 Wright Ave, Shepherd, MI 48883
    View details
    362 Wright Ave, Unit 28

    362 Wright Ave, Unit 28

    COMMERCIAL (GENERAL) • 0.05 Acres
    Value Estimation by Request
    362 Wright Ave, Shepherd, MI 48883-5166
    View details
    258 Wright Ave, Unit 24

    258 Wright Ave, Unit 24

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    258 Wright Ave, Shepherd, MI 48883-5162
    View details
    232 Wright Ave, Unit 20

    232 Wright Ave, Unit 20

    VACANT COMMERCIAL LAND • 0.10 Acres
    Value Estimation by Request
    232 Wright Ave, Shepherd, MI 48883
    View details

    Shepherd, MI Commercial Real Estate Investment Opportunities Market Analysis

    Explore 228 commercial real estate for sale in Shepherd, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 100,932 square feet of properties for sale, with an estimated market value of $1,433,000.

    Sale prices for business properties in Shepherd, MI start at $140,000, averaging $286,600, and reaching up to $489,000 — 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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    Demographics Overview

    Population 6,755
    Population Growth (5Y) -2.3%
    Median Household Income $66,364
    College Educated 26.7%

    High-Yield Neighborhoods for Strategic Investment

    Identify Shepherd submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    48883 $247.2K

    Taxes & Financing

    Tax Rate (average for all types) 4.58%
    Property Tax per SF $89.48 per sq ft
    Average Loan-to-Value 65.0%

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