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    Shepherd, MI Mixed-use Properties for Sale

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    Historic Mixed-Use Income Opportunity
    $489,000
    5,200 SF

    Historic Mixed-Use Income Opportunity

    323 W Wright Avenue, Shepherd, MI 48883

    Mixed-use property with retail and short-term rental income.

    • Prime Main Street location in a desirable area with high visibility and foot traffic.
    • Mixed‑use property with existing cash flow from retail and short‑term rentals (Airbnb).
    • Flexible configuration with potential for conversion to multifamily, student housing, or expanded commercial space.
    • Over 5000 sq ft of finished space, including a mostly finished lower floor with separate entrance.
    • Includes a vacant side lot with yardage and a large parking lot.
    Updated: Mar 21
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    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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    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.

    Explore Opportunities in Nearby Cities

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

    Historical Building in Hubbardston, MI
    $45,000
    2,196 SF

    Historical Building in Hubbardston, MI

    Charming historical building with picturesque views and endless possibilities.

    214 E Main Street, Hubbardston, MI 48845
    View details
    Unique Hubbardston Mixed-Use Investment Opportunity
    $275,000
    1.59 Acres

    Unique Hubbardston Mixed-Use Investment Opportunity

    Solid investment property with apartments, offices, gym, and storage.

    306 W Russell Street, Hubbardston, MI 48845
    View details
    Mixed-Use Property with Income Potential
    $499,000
    2,579 SF

    Mixed-Use Property with Income Potential

    3.45-acre mixed-use property with residential and commercial income.

    5705 N State Road, Alma, MI 48801
    View details
    Downtown Alma Class A Office
    $549,900
    22,218 SF

    Downtown Alma Class A Office

    Class A office building with large parking lot attached.

    311 Woodworth Ave, Alma, MI 48801
    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.

    Commercial Land with Rental Income
    $699,900
    2.63 Acres

    Commercial Land with Rental Income

    2.63 acres with frontage and existing rental income.

    4205 & 4173 S Isabella Road, Mt Pleasant, MI 48858
    View details
    1.36 Acre Land in Union
    $149,900

    1.36 Acre Land in Union

    1.36 acre land parcel suitable for various purposes.

    Mount Pleasant, MI 48858
    View details
    Mount Pleasant Commercial Land Available
    $149,900
    1.36 Acres

    Mount Pleasant Commercial Land Available

    1.36 acre commercial land in Mount Pleasant, Michigan.

    0000 Collegiate Way, Mount Pleasant, MI 48858
    View details
    Mount Pleasant Vacant Commercial Land
    $149,900
    1.36 Acres

    Mount Pleasant Vacant Commercial Land

    1.36 acres of commercial land in Mount Pleasant, Michigan.

    0000 Collegiate Way, Mount Pleasant, MI 48858
    View details

    Shepherd, MI Mixed-Use Properties Investment Opportunities Market Analysis

    Explore 2 mixed-use properties for sale in Shepherd, MI on our real estate platform. These investment opportunities span a total of 66,211 square feet of properties for sale, with an estimated market value of $664,000.

    Sale prices for multi use buildings in Shepherd, MI start at $175,000, averaging $332,000, 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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    Most Searched ZIP Codes in Shepherd, MI

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