305 E Wright Avenue Shepherd, MI ^$ 99,000

305 E Wright Avenue

^$ 99,000

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305 E Wright Avenue

Shepherd, MI, 48883

^$ 99,000

Studio Baths0.0

Monthly Estimate*

^$ 692

305 E Wright Avenue, Shepherd, MI 48883 - Image 1

305 E Wright Avenue, Shepherd, MI 48883 - Image 2

Studio

Commercial Property for sale in Shepherd, MI

for $99,000. The lot size is 0.57.

Vacant commercial lot in high traffic area 1/8 mile off US-127 Expressway. Perfect spot for a business on a major north south expressway used year round for recreational and business travel in the northern lower and to the upper peninsulas. The exit and street are used by many as a route to Soaring Eagle Casino & Resort. Zoned Commercial. Perfect for a Subway or other business. It was approved at one time for a Subway. The Village is anxious for development of this property.

Commercial Active

Price

^$ 99,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,021

Style

Commercial/Industrial

Lot Size

0.57

Town/City

Shepherd

County/Region

Isabella

MLS | Web ID

70283131

Features

General

Heating None

Possession At Close

Water Public Water at Street

Status Active Active

Year Built 0

County Isabella

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership LLC

Municipality Shepherd

Zoning Commercial

Subdivision MI

Commercial Features Electric Available Gas Available

Area Shepherd (37020)

Primary City Shepherd

Directions M-91 from Greenville to M46. East on M46 to us 127 to Shepherd exit at Wright Ave/Blanchard Rd. West 1/8 mile to property on right at NE corner of Wright and Union St.

City Shepherd

Street Name Wright

Financial Terms Cash Conventional

Legal Description Miller-Salt River Vil of Shepherd Lot 1-2-3 and S 10 ft of Lot 19 Blk 2

DOM 585

Postal Code 48883

Coming Soon Vacant commercial lot in high traffic area 1/8 mile off US-127 Expressway. Perfect spot for a business on a major north south expressway used year round for recreational and business travel in the nor

Exterior

Frontage 148

Lot Size Area 0.57

Lot Dimensions 148.5x165x99x10x49.5x175

Roads City/County Paved Street

Waterfront Y/N No

* Excluded Features

List By

Arnold Harrison

Listing Agent

Greenridge Realty

Broker

aharrison@greenridge.com

Affordability Calculator

$860

Per Month

Monthly Principal & Interest: $692
Monthly Property Taxes: $168
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Shepherd, MI

Average List Price ^$312,000

Percent of Sale Price 215%

About Shepherd, MI

1,498 Population

-2% Since 2002

^$46,958 Median Income

39.36 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/19/2023	$99,000	-10.00%	Price Down
3/21/2023	$110,000	-14.73%	Price Down
9/17/2022	$129,000		Listed Price

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305 E Wright Avenue, Shepherd, MI, 48883 is a Commercial Property for sale at $99,000 with a lot size of 0.57. 305 E Wright Avenue is a studio with 0.0 baths. The property's zip code is 48883 which is in Shepherd, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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305 E Wright Avenue

Commercial Property for sale in Shepherd, MI

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