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Shepherd, MI

Shepherd, MI Commercial Real Estate for Sale

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Mt Pleasant, MI Saint Louis, MI Alma, MI Riverdale, MI Elwell, MI Breckenridge, MI Vestaburg, MI Midland, MI

6 properties

Mixed-Use Building with Rental Units

Updated: Mar 21

Mixed-Use Building with Rental Units

323 W Wright Avenue, Shepherd, MI 48883

$489,000

5,200 sqft 0.68 AC lot

5,200‑square‑foot mixed‑use building in Shepherd, MI
Operating retail and wellness shop on the main floor
Two furnished short‑term rental units on the upper floors
Mostly finished lower level with separate basement entrance
0.68‑acre property with an open side lot and yard space

Retail Space with Vinyl Exterior

Updated: Jul 28

Retail Space with Vinyl Exterior

235 W Wright Avenue, Shepherd, MI 48883

$75,000

550 sqft

550 SF retail space
Frame construction
Vinyl exterior
Membrane roof
Bathroom included

Corner Flex Space With Garage Doors

Corner Flex Space With Garage Doors

5496 W Isabella Road, Shepherd, MI 48883

$175,000

3,612 sqft 0.84 AC lot

Block construction and upstairs quarters support a live/work configuration.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Downtown Retail Space

Downtown Retail Space

235 W Wright Avenue, Shepherd, MI 48883

$75,000

550 sqft

Built in 1949, this storefront is situated among established local businesses and community attractions.

Restaurant Building with Patio

Restaurant Building with Patio

5480 W Isabella Road, Shepherd, MI 48883

Contact for pricing

Restaurant building offers wine tasting and pizzeria setup with seating for about 86 and a fenced patio for 12.

Commercial Land with Utilities at Road

Commercial Land with Utilities at Road

5369 Isabella Rd., Shepherd, MI 48883

Contact for pricing

22.50 AC lot

Zoned commercial 22.5-acre site with a mix of cleared and wooded acreage and natural gas and electric available at the road.

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 6 Active listings in Shepherd, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 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.

Assisted Living Facility with Residence

Assisted Living Facility with Residence

702700 Remus Road, Mt Pleasant, MI 48858

$1,350,000

8,264 sqft

Operating senior-care business accompanied by a separate residence, wooded acreage, and heated outbuilding improvements.

Commercial Land with Gravel Driveway

Commercial Land with Gravel Driveway

9926 E Pickard Road, Mount Pleasant, MI 48858

$159,900

3.50 AC lot

Commercial land with an installed crushed gravel driveway, public water, and cable availability.

Wooded Acreage with Hunting Cabin

Wooded Acreage with Hunting Cabin

Mount Pleasant, MI 48858

$319,900

39.00 AC lot

40 acres with cabin, creek, excellent hunting potential.

Commercial Land for Development

Commercial Land for Development

E Pickard Road lot: #4, Mt Pleasant, MI 48858

$121,000

5.00 AC lot

A zoned commercial site offering acreage for planned business uses near Mt. Pleasant.

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

COMMERCIAL (GENERAL)

5356 School Rd, Shepherd, MI 48883-9626

Value Estimation by Request

3.05 AC lot

4993 Isabella Rd

WHOLESALE OUTLET, DISCOUNT STORE

4993 Isabella Rd, Shepherd, MI 48883-9676

$510,000

Estimated value

8,640 sqft 2.00 AC lot

5369 Isabella Rd

COMMERCIAL (GENERAL)

5369 Isabella Rd, Shepherd, MI 48883-9619

$120,000

Estimated value

22.77 AC lot

7631 Wn County Line Rd

COMMERCIAL (GENERAL)

7631 Wn County Line Rd, Shepherd, MI 48883

$235,000

Estimated value

5.00 AC lot

5455 Isabella Rd

WHOLESALE OUTLET, DISCOUNT STORE

5455 Isabella Rd, Shepherd, MI 48883-9619

$410,000

Estimated value

9,170 sqft 1.78 AC lot

4235 Isabella Rd

RETAIL STORES (PERSONAL SERVICES)

4235 Isabella Rd, Shepherd, MI 48883-8617

$100,000

Estimated value

2,736 sqft 1.00 AC lot

352 Wright Ave, Unit 9

COMMERCIAL (GENERAL)

352 Wright Ave, Shepherd, MI 48883-9375

Unit 9

Value Estimation by Request

204 Wright Ave, Unit 8

COMMERCIAL (GENERAL)

204 Wright Ave, Shepherd, MI 48883-2502

Unit 8

Value Estimation by Request

239 Wright Ave, Unit 7

COMMERCIAL (GENERAL)

239 Wright Ave, Shepherd, MI 48883-2502

Unit 7

Value Estimation by Request

309 Wright Ave, Unit 7

COMMERCIAL (GENERAL)

309 Wright Ave, Shepherd, MI 48883-2515

Unit 7

$200,000

Estimated value

0.13 AC lot

309 Wright Ave, Unit 7

VACANT COMMERCIAL LAND

309 Wright Ave, Shepherd, MI 48883-2515

Unit 7

Value Estimation by Request

0.10 AC lot

106 Wright Ave, Unit 6

COMMERCIAL (GENERAL)

106 Wright Ave, Shepherd, MI 48883-2500

Unit 6

$220,000

Estimated value

249 Wright Ave, Unit 4

COMMERCIAL (GENERAL)

249 Wright Ave, Shepherd, MI 48883-2502

Unit 4

Value Estimation by Request

0.05 AC lot

168 Wright Ave, Unit 36

COMMERCIAL (GENERAL)

168 Wright Ave, Shepherd, MI 48883-9079

Unit 36

$195,000

Estimated value

365 Wright Ave, Unit 3

VACANT COMMERCIAL LAND

365 Wright Ave, Shepherd, MI 48883

Unit 3

Value Estimation by Request

0.15 AC lot

362 Wright Ave, Unit 28

COMMERCIAL (GENERAL)

362 Wright Ave, Shepherd, MI 48883-5166

Unit 28

Value Estimation by Request

0.05 AC lot

258 Wright Ave, Unit 24

COMMERCIAL (GENERAL)

258 Wright Ave, Shepherd, MI 48883-5162

Unit 24

$205,000

Estimated value

232 Wright Ave, Unit 20

VACANT COMMERCIAL LAND

232 Wright Ave, Shepherd, MI 48883

Unit 20

Value Estimation by Request

0.10 AC lot

Shepherd, MI Commercial Real Estate Market Trends and Statistics

Explore 72 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 9,912 square feet of properties for sale, with an estimated market value of $814,000.

Sale prices for business properties in Shepherd, MI start at $75,000, averaging $203,500, 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 Investment

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

Neighborhood	Average Price
48883	$246.3K

Taxes & Financing

Tax Rate (average for all types) 4.58%

Property Tax per SF $89.48 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Isabella County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Isabella County

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