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$489,000
23 Days On Site

323 W Wright Avenue
Shepherd Village, MI 48883

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
5,200
SqFt
$94
/SqFt
1876
Built
Subdivision:
VILLAGE OF SHEPHERD
County:
Isabella
Call Now: 810-220-7653
Is this the listing for you? We can help make it yours.
810-220-7653
323 W Wright Avenue323 W Wright Avenue323 W Wright Avenue323 W Wright Avenue
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Mortgage Calculator

Monthly Payment (Est.)

$2,231
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Rare Historic Mixed-Use Opportunity Main Street Location! This historic building offers excellent income potential in one of Central Michigan’s most desirable areas. Currently configured as a mixed-use property with cash flow from both retail and short-term rental uses. Over 5000 finished sq ft. Current Configuration: Main floor: Operating retail/wellness shop Upper floors: Two fully functional and furnished Airbnb rental units Lower floor is mostly finished as well, with a separate basement entrance. Flexible History: Previously used as four separate apartment rentals, providing multiple options to convert back to traditional multifamily, student housing, or expanded commercial space. Open vacant side lot with yardage. Also large parking lot area. Prime Location Advantages: Adjacent to a family-friendly park Directly across from popular restaurants and thriving businesses Within 10 minutes of Central Michigan University (CMU) Less than 10 minutes from Soaring Eagle Casino & Resort Convenient access to Alma College

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Listing Snapshot
Price 
$489,000
Days On Site 
23 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,200 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.68 Acres
Year Built 
1876
MLS® Number 
79080066287
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing first seen on site
3 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.68
Building Features 
BathShoppingCenter
Parking 
Parking Lot
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
5200
Utilities 
Natural Gas Connected
Water Source 
Public
Zoning 
Commercial, Residential
Interior Features
Basement 
Crawl Space
Heating 
Forced AirNatural Gas
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Exterior Features
Construction Details 
FrameWood Siding
Roof 
Metal
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Area37162ShepherdVlg
School District 
Shepherd
Schools
School District
Shepherd
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of EXP REALTY LLC: (989) 965-3075



IDX provided courtesy of Realcomp II Ltd. via CentralMichiganAssociationofREALTORS. Copyright © 2026 Realcomp II Ltd. Shareholders.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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