Live - Work Space

Shepherd, MI Live-work Space for Sale

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Corner-Lock Industrial Live/Work Building
Updated: May 26, 2025
Corner-Lock Industrial Live/Work Building

5496 W Isabella Road, Shepherd, MI 48883

$175,000
3,612 sqft 0.84 AC lot
Corner‑lock industrial building on a prominent corner lot
Tall garage doors for versatile industrial/storage use
Metal roof and block construction
Parking lot on‑site
Includes compact upstairs living quarters for a live/work setup
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Industrial Live-Work Building with Tall Doors
Updated: Dec 9, 2025
Industrial Live-Work Building with Tall Doors

5496 W Isabella Rd, Shepherd, MI 48883

$175,000
3,612 sqft
Corner industrial building with tall garage doors
Includes compact upstairs living quarters for a live/work setup
Features an artistic exterior paint job that stands out and attracts attention in photos
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

135 E Washington Street, Freeland, MI 48623

$164,900
1,584 sqft 0.27 AC lot

Main-floor retail/office space with a separate one-bedroom apartment above, plus recent exterior updates.

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Live-Work Home with Pole Barn
Live-Work Home with Pole Barn

512 Germania Avenue, Bay City, MI 48706

$195,000
2,700 sqft 0.33 AC lot

RM-1 zoned live-work property includes a barbershop studio, ample parking, and a large pole barn for storage or work.

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Mixed-Use Live-Work Building
Mixed-Use Live-Work Building

135 E Washington St, Freeland, MI 48623

$164,900

Flexible retail or office space on the main level with an upstairs one-bedroom apartment.

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Live-Work Storefront and Residence
Live-Work Storefront and Residence

1019 Garfield, Bay City, MI 48708

$114,900

Includes a commercial storefront plus a 4-bedroom, 2-bath residence with a 2-car garage and a commercial parking lot.

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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.

Spacious Commercial Building on M-65
Spacious Commercial Building on M-65

4271 N M-65, Hale, MI 48739

$480,000
5,500 sqft 4.00 AC lot

Large commercial building with living space on heavily traveled M-65.

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City Center Parking Lot Development Site
City Center Parking Lot Development Site

407 Turner Avenue NW, Grand Rapids, MI 49504

$1,475,000
7,316 sqft 0.32 AC lot

Parking lot site with 7,316 SF and 0.32-acre area, offered with development options and existing parking.

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Ludington Waterfront Development Opportunity
Ludington Waterfront Development Opportunity

W Danaher St, Ludington, MI 49431

$245,000
0.19 AC lot

Prime Ludington building site with flexible mixed-use zoning.

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Kalamazoo Land For Sale
Kalamazoo Land For Sale

209 E North Street, Kalamazoo, MI 49007

$55,000
0.16 AC lot

Land zoned Live Work 1 with downtown views.

View details

Shepherd, MI Live-Work Space Market Trends and Statistics

Explore 2 live-work space for sale in Shepherd, MI on our real estate platform. These investment opportunities span a total of 7,224 square feet of properties for sale, with an estimated market value of $350,000.

Sale prices for live-work properties in Shepherd, MI average $175,000 — 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

Creative space 2

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 $175K

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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