Retail

Shepherd, MI Retail Space for Sale

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Downtown Storefront Property
Updated: Jul 28
Downtown Storefront Property

235 W Wright Avenue, Shepherd, MI 48883

$74,000
550 sqft
550‑square‑foot storefront property
Downtown Shepherd location at 235 W Wright Avenue
Frame construction with vinyl exterior
Membrane roof
One bathroom
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Downtown Storefront Property
Updated: Jul 28
Downtown Storefront Property

235 W Wright Avenue, Shepherd, MI 48883

$74,000
550 sqft
Built in 1949
Located at 235 W Wright Avenue in downtown Shepherd
View details
Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
2 active listings match your search: Retail for sale in Shepherd, MI. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 off-market property to explore as potential leads.

Opportunities in Nearby Cities

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

Mixed-Use Property with Restaurant
Mixed-Use Property with Restaurant

Mt Pleasant, MI 48858

$1,690,000
9,000 sqft

The offering combines a former drive-in restaurant with equipment and a strip mall whose business units are occupied.

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Freestanding Storefront Building
Freestanding Storefront Building

1506 W High, Mt Pleasant, MI 48858

$239,000
6,120 sqft 0.50 AC lot

The sale includes the real estate only; the operating business is excluded.

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Retail Strip Center with End-Cap
Retail Strip Center with End-Cap

2003 S Mission St, Mount Pleasant, MI 48858

Contact for pricing
5,600 sqft

Three-tenant retail strip center on a busy corridor, with an end-cap suite currently available for lease.

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Retail Space Near Central Michigan
Retail Space Near Central Michigan

1218 S Mission St, Mount Pleasant, MI 48858

Contact for pricing
9,908 sqft

Retail space for sale adjacent to Central Michigan University.

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Off-Market Properties in Shepherd, MI

Consider similar Off-Market properties in Shepherd, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

4235 Isabella Rd
RETAIL STORES (PERSONAL SERVICES)

4235 Isabella Rd, Shepherd, MI 48883-8617

Estimated value:
$100,000
2,736 sqft 1.00 AC lot
View details

Shepherd, MI Retail Space Market Trends and Statistics

Explore 3 retail space for sale in Shepherd, MI on our real estate platform. These investment opportunities span a total of 1,100 square feet of properties for sale, with an estimated market value of $148,000.

Sale prices for retail space in Shepherd, MI average $74,000 — 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

Storefront properties 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 $74K

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

Retail

Office

Residential Income

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