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    Shepherd, MI
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    Shepherd, MI Live-work Space for Sale

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    Mount Pleasant, MI Alma, MI Saint Louis, MI
    Unique Corner-Lot Industrial Building
    $175,000
    3,612 SF
    Unique Corner-Lot Industrial Building

    5496 W Isabella Road, Shepherd, MI 48883

    Versatile industrial building with living quarters and artistic flair.
    • Versatile corner‑lock industrial building suitable for auto work, storage, or creative space.
    • Compact upstairs living quarters ideal for a live/work setup.
    • Prominent corner lot location.
    • Unique, artistic paint job recognized as a local landmark.
    • Tall garage doors for easy access and functionality.
    Updated: May 26, 2025
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    Industrial Live-Work Building with Tall Doors
    $175,000
    3,612 SF
    Industrial Live-Work Building with Tall Doors

    5496 W Isabella Rd, Shepherd, MI 48883

    Corner industrial property with tall garage doors and compact upstairs living quarters for live/work flexibility.
    • 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
    Updated: Dec 9, 2025
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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.

    Versatile Commercial Property, Houghton Lake
    $144,900
    3,744 SF
    Versatile Commercial Property, Houghton Lake

    Live, work, and invest in one convenient Houghton Lake location.

    6415 W Houghton Lake Drive, Houghton Lake, MI 48629

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    Versatile Commercial Property, Houghton Lake
    $144,900
    3,744 SF
    Versatile Commercial Property, Houghton Lake

    Live, work, and invest in one convenient Houghton Lake location.

    6415 W Houghton Lake Drive, Houghton Lake, MI 48629

    View details
    Live-Work Storefront with Garage
    $246,000
    3,670 SF
    Live-Work Storefront with Garage

    Storefront configuration with attached residential quarters, central air, soaring ceilings, and a large garage for vehicles and gear.

    201 State Street, Luther, MI 49656

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    Versatile Commercial Property with Living Space
    $250,000
    3,670 SF
    Versatile Commercial Property with Living Space

    Unique live/work property with storefront, residential quarters, and large garage.

    201 State Street, Luther, MI 49656

    View details

    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
    $480,000
    5,500 SF
    Spacious Commercial Building on M-65

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

    4271 N M-65, Hale, MI 48739

    View details
    Grand Rapids Retail Opportunity
    $1,475,000
    7,316 SF
    Grand Rapids Retail Opportunity

    Retail property in growing Grand Rapids market with development potential.

    407 Turner Avenue NW, Grand Rapids, MI 49504

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    Ludington Waterfront Development Opportunity
    $245,000
    0.19 Acres
    Ludington Waterfront Development Opportunity

    Prime Ludington building site with flexible mixed-use zoning.

    W Danaher St, Ludington, MI 49431

    View details
    Kalamazoo Land For Sale
    $55,000
    0.16 Acres
    Kalamazoo Land For Sale

    Land zoned Live Work 1 with downtown views.

    209 E North Street, Kalamazoo, MI 49007

    View details

    Shepherd, MI Live-Work Space Investment Opportunities Market Analysis

    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 start at $175,000, averaging $175,000, and reaching up to $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 1

    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)

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