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323 W Wright Ave 7 Unité Immeuble d’appartements 682 204 $ CAD (97 458 $ CAD/Unité) Shepherd, MI 48883
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Faits saillants de l'investissement
- Historic building dating to 1876 with redevelopment potential.
- Mixed-use configuration supports multiple future use concepts.
- Generous site provides flexibility for parking and outdoor uses.
- Property is currently undergoing renovation and improvement.
- Positioned near downtown Shepherd with local visibility.
- Opportunity to complete a value-add repositioning strategy.
Résumé de l'annonce
323 W Wright Ave presents a historic mixed-use investment and redevelopment opportunity in downtown Shepherd, Michigan. Originally constructed in 1876 and associated with the community's early development, the property contains approximately 5,200 square feet on a 0.68-acre site. The asset is currently under renovation, creating an opportunity for investors, developers, or owner-users to complete improvements and reposition the property for a variety of income-producing uses.
Located along West Wright Avenue near Shepherd's traditional downtown area, the property benefits from local visibility and convenient access to the surrounding Central Michigan region. The existing structure has historically supported multiple residential units and offers a layout that may accommodate a range of future configurations, subject to zoning, approvals, and a purchaser's redevelopment plans. The large site provides additional flexibility for outdoor amenities, parking, or complementary site improvements.
The combination of historic character, ongoing renovation activity, and potential for multiple income streams distinguishes the property from conventional investment offerings. Buyers have the opportunity to capitalize on restoration efforts already underway while tailoring the final product to their operational or investment objectives. Whether pursued as a multifamily asset, mixed-use property, hospitality-oriented concept, or owner-occupied investment, the property offers a foundation for long-term value creation through thoughtful redevelopment and adaptive reuse.
Located along West Wright Avenue near Shepherd's traditional downtown area, the property benefits from local visibility and convenient access to the surrounding Central Michigan region. The existing structure has historically supported multiple residential units and offers a layout that may accommodate a range of future configurations, subject to zoning, approvals, and a purchaser's redevelopment plans. The large site provides additional flexibility for outdoor amenities, parking, or complementary site improvements.
The combination of historic character, ongoing renovation activity, and potential for multiple income streams distinguishes the property from conventional investment offerings. Buyers have the opportunity to capitalize on restoration efforts already underway while tailoring the final product to their operational or investment objectives. Whether pursued as a multifamily asset, mixed-use property, hospitality-oriented concept, or owner-occupied investment, the property offers a foundation for long-term value creation through thoughtful redevelopment and adaptive reuse.
Faits sur la propriété
| Prix | 682 204 $ CAD | Classe d’immeuble | C |
| Prix par unité | 97 458 $ CAD | Taille du lot | 0,60 AC |
| Type de vente | Investissement | Taille du bâtiment | 4 686 pi² |
| Nombre d’unités | 7 | Nombre d’étages | 2 |
| Type de propriété | Immeuble residentiel | Année de construction/rénovation | 1889/2026 |
| Sous-type de propriété | Appartement | Ratio de stationnement | 9,6/1 000 pi² |
| Style d’appartement | Maison unifamiliale | ||
| Zonage | C-1/RI - RESIDENTIAL-IMPROVED per county Village of Shepherd Zoning Map - C-1 Central Business District | ||
| Prix | 682 204 $ CAD |
| Prix par unité | 97 458 $ CAD |
| Type de vente | Investissement |
| Nombre d’unités | 7 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | Maison unifamiliale |
| Classe d’immeuble | C |
| Taille du lot | 0,60 AC |
| Taille du bâtiment | 4 686 pi² |
| Nombre d’étages | 2 |
| Année de construction/rénovation | 1889/2026 |
| Ratio de stationnement | 9,6/1 000 pi² |
| Zonage | C-1/RI - RESIDENTIAL-IMPROVED per county Village of Shepherd Zoning Map - C-1 Central Business District |
Commodités
Commodités des unités
- Climatisation
- Prêt pour le câble
- Laveuse/Sécheuse
- Connexions pour laveuse/Sécheuse
- Ventilateurs de plafond
- Planchers de bois franc
- Accès Internet à haute vitesse
- Grenier
- Sous-sol
- Salle à manger
- Porche
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 1+1 | 5 | - | 400 - 920 |
| 2+1 | 1 | - | 1 016 |
| 3+1 | 1 | - | 1 150 |
1 1
Relativement accessible à pied
20/100
Exceptionnellement adapté aux voitures
100/100
Plutôt accessible en vélo
40/100
Impôts fonciers
| Numéro de lot | 31-050-00-049-00 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 125 072 $ CAD |
Impôts fonciers
Numéro de lot
31-050-00-049-00
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
125 072 $ CAD
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Présenté par
Kelli Home Properties
323 W Wright Ave
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