Short Term Rental

Shepherd, MI Short Term Rental Properties 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
Historic Mixed-Use Building
Updated: Mar 21
Historic Mixed-Use Building

323 W Wright Avenue, Shepherd, MI 48883

$489,000
5,200 sqft 0.68 AC lot
5,200‑square‑foot mixed‑use building on 0.68 acres
Main‑floor retail and wellness shop
Two furnished short‑term rental units on the upper floors
Mostly finished lower level with separate basement entrance
Previously configured as four separate apartment rentals
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Shepherd, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Short-Term Rental Property With Shop
Short-Term Rental Property With Shop

5783 W Houghton Lake Drive, Houghton Lake, MI 48629

$799,900
6,750 sqft 0.67 AC lot

Residential property with a large accessory shop, rooftop deck, multiple en suites, and commercial/residential zoning.

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Waterfront Short-Term Rental Property
Waterfront Short-Term Rental Property

226 N 176th Avenue, Walkerville, MI 49459

$550,000
3,000 sqft 2.90 AC lot

Lakefront property with a primary residence, two furnished cottages, and RV camping accommodations.

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Lakefront Resort with Sandy Beach
Lakefront Resort with Sandy Beach

5358 W Houghton Lake Dr, Houghton Lake, MI 48629

$700,000

Hospitality property with multiple guest accommodations, private lake access, docks, and recreational equipment.

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Waterfront Short-Term Rental Property
Waterfront Short-Term Rental Property

Walkerville, MI 49459

$550,000
3,000 sqft

Waterfront property includes a residence, furnished cottages, and RV accommodations.

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Shepherd, MI Short Term Rental Properties Market Trends and Statistics

Explore 1 short term rental properties for sale in Shepherd, MI on our real estate platform. These investment opportunities span a total of 5,200 square feet of properties for sale, with an estimated market value of $489,000.

Sale prices for short term rental properties in Shepherd, MI average $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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 1
Quadplexes 1
Short term rental 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 $489K

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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