Building Details

Year Built 1949

Listing Agency: 43 NORTH REALTY r***@43northrealty.com Show Phone

Listed By: Randy Morris Show Phone

Source: Xome

Added: Jul 26 Changed: Aug 5 Last Checked: Aug 5 at 4:51AM

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Investment Insights

Based on property information with market context.

This retail space is located at 235 W Wright Avenue in downtown Shepherd. The property was built in 1949 and is positioned within an established small-town commercial setting.

The surrounding area includes local businesses and community attractions, supporting a downtown environment for retail, office, café, or service-oriented use. The address places the space within Shepherd’s central business area, with visibility to both pedestrian and street activity.

Key Highlights

• Downtown Shepherd location at 235 W Wright Avenue
• Built in 1949
• Positioned among established local businesses and community attractions

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Electrical Service Garden Center Plumbing Service Spa & Massage Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

117

Businesses Nearby

Explore this area Business Placement

Demographics for 48883, MI

6,842

Population

2,912

Households

2.3

Avg Household Size

42

Median Age

22%

College-Educated

94%

High-School Grad

114.9 sq mi

ZIP Area

60

Density / Sq Mi

$66,364

Median Household Income

$37,830

Median Earnings

$841

Median Rent

$154,600

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

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Frequently Asked Questions

What type of property is this?

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

Where is this retail space located?

The property is located at 235 W Wright Avenue Shepherd, MI.

What is the asking price?

The asking price for this property is $75,000.

What are key features of this property?

This property features: Downtown Shepherd location at 235 W Wright Avenue; Built in 1949; Positioned among established local businesses and community attractions