227 Wright Ave 12, Shepherd, MI 48883-5161
This 576-square-foot industrial property, located at 227 W Wright in Shepherd, MI, presents a remarkable opportunity for entrepreneurs. Situated on a 0.05-acre lot, this building boasts a prime commercial location on a well-traveled route within the village. Previously used as an ice cream parlor, the property features an inviting storefront, ready for immediate occupancy and customization. The building offers ample potential for a variety of businesses. A spacious area behind the building provides extra space ideal for outdoor seating, storage expansion, or other operational needs. This versatile space allows for creative expansion and unique customer experiences. Note that existing ice cream equipment is sold separately. This property is perfect for those seeking a thriving business environment in a close-knit community. Don't miss this chance to establish or relocate your business in this well-positioned location. Schedule a showing to explore the possibilities.
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Sugar Shack Grocery & Convenience Store Specialty Food Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.