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305 Wright Avenue - 305 E Wright Ave, Shepherd, MI 48883

0.57 Acres of Commercial Land Offered at $99,000 in Shepherd, MI 48883

Commercial Land Michigan Shepherd 305 Wright Avenue, Shepherd, MI 48883

Investment Highlights

  • High traffic area just off major Michigan expressway
  • Previously approved for a Subway restaurant, plans are available of site plan
  • Multi uses per commercial zoning

Executive Summary

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 to the northern lower and upper peninsulas of Michigan. The exit is used by many people as a route to Soaring Eagle Casino & Resort and Central Michigan University. Current owners had site plan approved for a Subway restaurant, but change direction in business investments. Copies of plans are available. Property was originally as gas station which was remediated by the current owners. Copies of all remediation documents are available. Village of Shepherd is anxious to work with new owners to develop the property.

Attachments

Seller's Disclosure Statement for Vacant Land 1
Survey
Seller's Disclosure Statement for Vacant Land Attachments

Property Facts

Price $99,000 Property Type Land
Sale Type Investment or Owner User Property Subtype Commercial
Sale Conditions Redevelopment Project Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Fast Food
  • Restaurant
  • Self Storage
No. Lots 1 Total Lot Size 0.57 AC
Price $99,000
Sale Type Investment or Owner User
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Fast Food
  • Restaurant
  • Self Storage
Total Lot Size 0.57 AC

1 Lot Available

Lot 1,2,3

Price $99,000 Lot Size 0.57 AC
Price Per AC $173,684
Price $99,000
Price Per AC $173,684
Lot Size 0.57 AC

Vacant lot zoned commercial. Uses per zoning is Professional/Office, Restaurants, Retail, Storage. Legal Desc: Miller-Salt River, Village of Shepherd, Lot 1, 2, 3 and S 10 ft of Lot 19, Blk 2

Description

Former gas station that has been remediated by current owners. Agent has copies of all files for review on request.

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zoning

Zoning Code Commercial vacant (Multiple uses allowed per zoning per Village of Shepherd. Check with Village for all possible uses.)
Commercial vacant (Multiple uses allowed per zoning per Village of Shepherd. Check with Village for all possible uses.)
(616) 240-5555

  • Listing ID: 31474234

  • Date on Market: 4/10/2024

  • Last Updated:

  • Address: 305 Wright Avenue, Shepherd, MI 48883

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305 Wright Avenue - 305 E Wright Ave, Shepherd, MI 48883
(616) 240-5555 x

305 Wright Avenue - 305 E Wright Ave, Shepherd, MI 48883

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Arnold Harrison

(616) 240-5555

(616) 240-5555

Timothy Slot

(616) 485-2900

(616) 485-2900

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