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Downtown Storefront Property
For Sale
$75,000

235 W Wright Avenue, Shepherd, MI 48883

Commercial, Shepherd, MI

Property Size550 SF
Price / SF$136.36
Days on Market55

Property Features for 235 W Wright Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Exterior features Vinyl
Directions 200 FT East of the intersection of Wright Ave and Second St
Subdivision Isabella
Standard status Active
Size 550 SF

Taxes and HOA fees

Tax Description VIL OF SHEPHERD LOT 9 BLK 10
Legal Description VIL OF SHEPHERD LOT 9 BLK 10

Building Details

Building materials Frame
Roof type Membrane
Listing Agency: 43 NORTH REALTY
Listed By: Randy Morris
Added: Jul 28 Changed: Sep 6 Last Checked: Sep 20 at 4:06PM
MLS# 1948665

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 550-square-foot storefront property is located at 235 W Wright Avenue in Shepherd, Michigan. The building features frame construction, vinyl exterior finishes, a membrane roof, and one bathroom. Its compact layout is identified as suitable for retail, boutique, office, café, or service-based operations.

The property sits in downtown Shepherd among established local businesses and community attractions. The setting is associated with foot and street traffic, providing exposure within the downtown area. The asset is classified as a storefront property and is offered for sale.

Key Highlights

  • 550‑square‑foot storefront property
  • Downtown Shepherd location at 235 W Wright Avenue
  • Frame construction with vinyl exterior

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Electrical Service Garden Center Plumbing Service Grocery & Convenience Store 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

134
Businesses Nearby
1k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Mercantile Bank Shops & Services
1,284 visits/mo 0.0 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Compact retail space with a restroom, frame construction, and a membrane roof.
Where is this storefront property 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: 550‑square‑foot storefront property; Downtown Shepherd location at 235 W Wright Avenue; Frame construction with vinyl exterior
More about this property
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