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    Shepherd, MI
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    Shepherd, MI Healthcare Properties for Sale

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    Mt Pleasant, MI Saint Louis, MI Alma, MI
    Historic Mixed-Use Building
    Updated: Mar 21
    Historic Mixed-Use Building

    323 W Wright Avenue, Shepherd, MI 48883

    $489,000
    5,200 sqft · 0.68 AC lot
    Historic mixed‑use building with 5,000+ finished SF, currently generating cash flow from retail and short‑term rentals
    Main floor operating retail/wellness shop with upper floors featuring two fully functional, furnished Airbnb rental units
    Lower floor is mostly finished and includes a separate basement entrance for added layout flexibility
    Wood frame construction with a metal roof
    Large on‑site parking lot plus an open vacant side lot with yardage
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Shepherd, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Purpose-Built Senior Care Campus
    Purpose-Built Senior Care Campus

    842 W Warwick Drive, Alma, MI 48801

    $4,950,000
    34,539 sqft · 6.19 AC lot

    Move-in-ready senior housing and care facility with private suites, dedicated support areas, and life-safety systems.

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    Two-Story Office Building with Elevator
    Two-Story Office Building with Elevator

    2600 Three Leaves Drive, Mt Pleasant, MI 48858

    $2,100,000
    24,000 sqft · 7.50 AC lot

    Two-story commercial office building with elevator service and ample on-site parking for staff, patients, and visitors.

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    Turnkey Assisted Living and Residence
    Turnkey Assisted Living and Residence

    702 & 700 E Remus Road, Mt Pleasant, MI 48858

    $1,350,000
    8,264 sqft · 9.24 AC lot

    Turnkey 12-bed assisted living plus a separate residence on wooded acreage, offered together for a full operating setup.

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    Purpose-Built Healthcare Facility Campus
    Purpose-Built Healthcare Facility Campus

    842 W Warwick Drive, Alma, MI 48801

    $4,950,000
    34,539 sqft · 6.19 AC lot

    Move-in-ready healthcare campus with private suites, on-site parking, and institutional life-safety systems for care-focused operators.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Land Parcel in Ionia
    Prime Land Parcel in Ionia

    3615 S State Road, Ionia, MI 48846

    $580,000
    14.98 AC lot

    15-acre commercial land near Sparrow Ionia Hospital.

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    Versatile Land in Growing Corridor
    Versatile Land in Growing Corridor

    Flint, MI 48505

    $65,000
    19.00 AC lot

    19 acres of versatile land, ideal for developers/investors.

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    Versatile Land in Growing Corridor
    Versatile Land in Growing Corridor

    5159 Summit Street, Flint, MI 48505

    $65,000
    111 sqft · 18.66 AC lot

    18.66 acres of versatile land in Flint, MI for sale.

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    Commercial Lot Near McLaren Hospital
    Commercial Lot Near McLaren Hospital

    0000 Beecher Rd, Flint, MI 48532

    Contact for pricing

    Level commercial lot suitable for retail, office, or medical use.

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    Shepherd, MI Healthcare Properties Market Trends and Statistics

    Explore 1 healthcare properties for sale in Shepherd, MI on our real estate platform. These investment opportunities span a total of 5,200 square feet of properties for sale, with an estimated market value of $489,000.

    Sale prices for medical real estate in Shepherd, MI start at $489,000, averaging $489,000, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Spa & wellness properties 1

    Demographics Overview

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

    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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