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    Shepherd, MI
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    Shepherd, MI Storefront Properties for Sale

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    Mt Pleasant, MI Saint Louis, MI Alma, MI Riverdale, MI Elwell, MI Winn, MI Breckenridge, MI Midland, MI
    Retail Space with Vinyl Exterior
    Updated: Jul 28
    Retail Space with Vinyl Exterior

    235 W Wright Avenue, Shepherd, MI 48883

    $75,000
    550 sqft
    550 SF retail space
    Frame construction
    Vinyl exterior
    Membrane roof
    Bathroom included
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    Downtown Retail Space
    Updated: Jul 26
    Downtown Retail Space

    235 W Wright Avenue, Shepherd, MI 48883

    $75,000
    550 sqft
    Downtown Shepherd location at 235 W Wright Avenue
    Built in 1949
    Positioned among established local businesses and community attractions
    Suitable for retail, office, café, or service‑oriented use
    View details
    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 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.

    Opportunities in Nearby Cities

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

    Freestanding Retail Building with Parking
    Freestanding Retail Building with Parking

    1506 W High, Mt Pleasant, MI 48858

    $259,000
    6,120 sqft 0.50 AC lot

    Freestanding 6,120 SF retail building on a half-acre lot with paved parking and CD-4 zoning flexibility.

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    Storefront Retail Property
    Storefront Retail Property

    1901 S Mission Street, Mount Pleasant, MI 48858

    $699,999

    For sale storefront retail property located on S Mission Street in Mount Pleasant, Michigan.

    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
    Freestanding Retail/Office Building with Doors
    Freestanding Retail/Office Building with Doors

    5684 E Broadway Road, Mt Pleasant, MI 48858

    $395,000
    5,668 sqft 9.06 AC lot

    Zoned B-4 with 5,668 SF office and shop space, 8- and 10-foot ceilings, and two overhead doors in the garage.

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    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.

    Build-Ready Double Commercial Lot
    Build-Ready Double Commercial Lot

    Saint Louis, MI 48880

    $50,000
    0.51 AC lot

    Build-ready commercial lot with easy access and parking/outdoor flexibility, formerly associated with Tony's Restaurant.

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    Commercial Land Near Medical Complex
    Commercial Land Near Medical Complex

    Fashion Square Boulevard, Saginaw, MI 48603

    $120,000
    2.09 AC lot

    Development parcel with public water and stated potential for office, medical, or retail construction.

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    Land Ready for Development
    Land Ready for Development

    155 N Cass Street, Morley, MI 49336

    $54,900
    0.17 AC lot

    Level lot suitable for residential or commercial development with township approval.

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    Ionia Land Near Golf Course
    Ionia Land Near Golf Course

    Parcel 10 Kingston Road, Ionia, MI 48846

    $35,000
    1.00 AC lot

    One acre building site near Rolling Hills Golf Course.

    View details

    Shepherd, MI Storefront Properties Market Trends and Statistics

    Explore 2 storefront properties 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 $150,000.

    Sale prices for retail units 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

    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 $75K

    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

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