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    Shepherd, MI
    Retail

    Shepherd, MI Retail Space for Sale

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    Mt Pleasant, MI Alma, MI Saint Louis, MI Riverdale, MI Elwell, MI Midland, MI Breckenridge, MI Elm Hall, MI
    Downtown Storefront Property
    Updated: Jul 28
    Downtown Storefront Property

    235 W Wright Avenue, Shepherd, MI 48883

    $75,000
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Shepherd, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Prime Retail Space on M-46
    Prime Retail Space on M-46

    Alma, MI 48801

    $475,000
    5,000 sqft 2.13 AC lot

    Versatile commercial property with high visibility and traffic.

    View details
    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.

    View details
    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.

    View details
    Prime Retail Space on M-46
    Prime Retail Space on M-46

    Alma, MI 48801

    $475,000
    8,665 sqft

    Spacious retail property with high visibility and additional building.

    View details

    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 2 retail space for sale in Shepherd, MI on our real estate platform. These investment opportunities span a total of 550 square feet of properties for sale, with an estimated market value of $75,000.

    Sale prices for retail space in Shepherd, MI average $75,000 — 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 2
    Auto shops 1
    Automotive 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 $461K

    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

    Office

    Residential Income

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