Start your business on M-20 with multiple layers of income. Prior store front was a convenience store with a loyal clientele. The two mobiles are used as rental properties. Billboard sign leases area for additional income.
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.
The median home value in Shepherd, MI is $160,000. This is higher than the county median home value of $138,100. The national median home value is $219,700. The average price of homes sold in Shepherd, MI is $160,000. Approximately 63.19% of Shepherd homes are owned, compared to 26.93% rented, while 9.88% are vacant. Shepherd real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Shepherd real estate agent to arrange a tour today!
Shepherd, Michigan has a population of 1,444. Shepherd is less family-centric than the surrounding county with 17.62% of the households containing married families with children. The county average for households married with children is 28.37%.
The median household income in Shepherd, Michigan is $44,167. The median household income for the surrounding county is $42,771 compared to the national median of $57,652. The median age of people living in Shepherd is 44.6 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 13.9 degrees. The average rainfall is approximately 33.3 inches per year, with 43.8 inches of snow per year.