Shepherd, MI
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    Shepherd, MI Storefront Properties for Sale

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    Mount Pleasant, MI Alma, MI Saint Louis, MI
    Versatile Commercial Property on State Road
    $140,000
    43,560 SF
    Versatile Commercial Property on State Road

    4235 W Isabella, Shepherd, MI 48883

    Commercial property with storefronts, mobile homes, and development potential.
    • Prime location on a major state road between Midland and Mt. Pleasant with high traffic count.
    • Multiple income streams from 2 storefront buildings, 2 mobile homes, and billboard sign rental.
    • C‑1 zoning suitable for a variety of commercial uses.
    • Development potential on 2 acres to expand business or create new opportunities.
    • Two existing storefront buildings ideal for retail, office, or service businesses.
    Updated: Oct 24, 2024
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

    Mt Pleasant Retail Storefront Opportunity
    $299,000
    6,120 SF
    Mt Pleasant Retail Storefront Opportunity

    6,120 SF commercial building on a half-acre lot.

    1506 W High, Mt Pleasant, MI 48858

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    Versatile Commercial Space, Mt. Pleasant
    $765,000
    4,150 SF
    Versatile Commercial Space, Mt. Pleasant

    4,000+ sq ft commercial space near Soaring Eagle Casino.

    Mt Pleasant, MI 48858

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    Storefront with Flexible Interior Layout
    $319,000
    1,000 SF
    Storefront with Flexible Interior Layout

    Street-facing storefront windows and a flexible interior support retail, dining, or mixed-use concepts near a downtown pedestrian plaza.

    134 W Main Street, Midland, MI 48640

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    Prime Main Street Retail Space
    $329,000
    1,000 SF
    Prime Main Street Retail Space

    High-visibility retail/restaurant space in downtown Midland, Michigan.

    134 W Main St, Midland, MI 48640

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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.

    Prime Commercial Lot Opportunity
    $50,000
    0.51 Acres
    Prime Commercial Lot Opportunity

    Spacious commercial lot in St Louis, MI. Build-ready.

    Saint Louis, MI 48880

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    Commercial Land Building Site
    $120,000
    2.09 Acres
    Commercial Land Building Site

    A build-ready commercial parcel with frontage along Fashion Square Blvd, near major retail and a large medical complex.

    Fashion Square Boulevard, Saginaw, MI 48603

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    Land Ready for Development
    $54,900
    0.17 Acres
    Land Ready for Development

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

    155 N Cass Street, Morley, MI 49336

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    Versatile Land in Howard City
    $69,900
    0.53 Acres
    Versatile Land in Howard City

    Half-acre lot suitable for commercial or residential development.

    607 Shaw Street, Howard City, MI 49329

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    Shepherd, MI Storefront Properties Investment Opportunities Market Analysis

    Explore 1 storefront properties for sale in Shepherd, MI on our real estate platform. These investment opportunities span a total of 43,560 square feet of properties for sale, with an estimated market value of $140,000.

    Sale prices for retail units in Shepherd, MI start at $140,000, averaging $140,000, and reaching up to $140,000 — 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 $140K

    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)

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