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    Caro, MI Commercial Real Estate for Sale

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    1004 West Caro Road, Caro, MI 48723
    Updated: Nov 17, 2025
    1004 West Caro Road, Caro, MI 48723

    1004 West Caro Rd, Caro, MI 48723

    $349,000
    1,250 sqft 1.13 AC lot
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    This listing looks promising.

    Here's a quick look at some key insights for

    1004 West Caro Rd, Caro, MI 48723

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    • Est. Cap Rate

      4.3%
      NOI ÷ price

    • Est. NOI

      $15K
      Annual

    • Price @ 7% Cap

      $215K
      Suggested
    View Property Analytics
    Flex Space with Overhead Doors
    Updated: Jun 8
    Flex Space with Overhead Doors

    3465 Mertz Road, Caro, MI 48723

    $450,000
    5,265 sqft 2.16 AC lot
    3‑bay layout with three 12‑foot high overhead doors for loading and unloading
    Concrete floors rated for heavy loads and ample ceiling height throughout
    Showroom up front plus 4 office areas, 2 conference rooms, and a kitchen
    Radiant heat in the floor with forced air heating and central air
    Metal and asphalt roof with 220 electric, 2 new hot water heaters, 2 fuse panels
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    Corner Former Liquor Store Building
    Corner Former Liquor Store Building

    3497 E Sanilac Rd, Caro, MI 48723

    $319,000
    1,200 sqft 2.27 AC lot

    Former liquor store on a highly visible corner lot, zoned for liquor store use with a full basement.

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    Executive Medical Office Clinic
    Executive Medical Office Clinic

    705 E Frank St, Caro, MI 48723

    $275,000
    3,272 sqft 0.30 AC lot

    Medical clinic building features multiple closed-door offices with sinks and a rear parking lot on 0.30 acres.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    837 South State Street Caro
    837 South State Street Caro

    837 South State St, Unit Caro, Caro, MI 48723

    $299,000
    3,550 sqft

    LARGE RETAIL STOREFRONT ON M-81

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    Multi-Tenant Office Property in Caro
    Multi-Tenant Office Property in Caro

    1184 Cleaver Rd, Caro, MI 48723

    Contact for pricing
    10,647 sqft 1.81 AC lot

    10,647 SF multi-tenant office property in Caro, Michigan.

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    Former Liquor Store on Corner
    Former Liquor Store on Corner

    3497 Sanilac Road, Caro, MI 48723

    Contact for pricing
    1,200 sqft 2.27 AC lot

    Commercial opportunity on 2.27 acres with redevelopment potential.

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    Turn-Key Bed & Breakfast Opportunity
    Turn-Key Bed & Breakfast Opportunity

    103 N ALMER St, Caro, MI 48723

    $1,280,000
    0.35 AC lot

    Fully furnished, historic bed and breakfast in downtown Caro, MI.

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    Adult Foster Care Residential Facility
    Adult Foster Care Residential Facility

    3771 Colwood Road, Caro, MI 48723

    Contact for pricing
    4,536 sqft 9.39 AC lot

    Licensed for up to 12 residents in a custom ranch with generator-backed systems and substantial on-site storage.

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    Freestanding Wendy’s Investment Property
    Freestanding Wendy’s Investment Property

    847 S State St, Caro, MI 48723

    Contact for pricing
    2,414 sqft

    Single-tenant Wendy’s in Caro, Michigan with long-term lease.

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    Corner Office/Retail Building
    Corner Office/Retail Building

    527 S State St, Caro, MI 48723

    Contact for pricing

    Corner building formerly used as a dentist’s office, adaptable for office or retail with on- and off-street parking.

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    Retail Investment Property
    Retail Investment Property

    1173 E Caro Road, Caro, MI 48723

    Contact for pricing

    For-sale retail property with a stated 6.00% cap rate and 7,500 SF.

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    Former Dry Cleaning Building
    Former Dry Cleaning Building

    815 GIBBS ST, Caro, MI 48723

    Contact for pricing
    1,600 sqft

    Service-ready interior with customer reception area, support rooms, and on-site parking plus two large lots.

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    1.67 Acre Site For Sale
    1.67 Acre Site For Sale

    W Caro Rd & Cooling Rd, Caro, MI 48723

    Contact for pricing
    1.67 AC lot

    1.67 acre commercial site with usable ground available.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 14 Active listings in Caro, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Liquor Store and Building
    Turnkey Liquor Store and Building

    111 Mayville, Mayville, MI 48744

    Contact for pricing
    1,856 sqft 2.27 AC lot

    Own a ready-to-run liquor store business with real estate and basement storage for everyday operations.

    View details
    Three-Unit Mixed-Use Building
    Three-Unit Mixed-Use Building

    2220 East Ohmer Road, Mayville, MI 48744

    Contact for pricing
    3,200 sqft 5.00 AC lot

    Flexible commercial building with separate units, individual utilities, and room for additional development.

    View details
    280-Acre Farm Near Kingston
    280-Acre Farm Near Kingston

    Kingston, MI 48741

    $2,500,000
    280.00 AC lot

    280-acre farm with tillable land, homes, sheds, and recreation.

    View details
    Agricultural Land Parcel
    Agricultural Land Parcel

    V/L 1 Hurds Corner Road, Kingston, MI 48741

    $144,500

    For sale agricultural land in Tuscola County, located just north of the Shay Lake and Hurds Corner road crossroads.

    View details

    Off-Market Properties in Caro, MI

    Consider similar Off-Market properties in Caro, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1341 Colling Rd
    COMMERCIAL (GENERAL)

    1341 Colling Rd, Caro, MI 48723-9244

    $250,000
    Estimated value
    View details
    1341 Colling Rd
    COMMERCIAL (GENERAL)

    1341 Colling Rd, Caro, MI 48723-9244

    $530,000
    Estimated value
    3.77 AC lot
    View details
    1052 Cleaver Rd
    COMMERCIAL (GENERAL)

    1052 Cleaver Rd, Caro, MI 48723-1170

    $130,000
    Estimated value
    0.63 AC lot
    View details
    144 Burnside St
    COMMERCIAL (GENERAL)

    144 Burnside St, Caro, MI 48723-1507

    Value Estimation by Request
    View details
    146 Sherman St
    COMMERCIAL (GENERAL)

    146 Sherman St, Caro, MI 48723-1532

    $115,000
    Estimated value
    View details
    547 Montague Ave
    COMMERCIAL (GENERAL)

    547 Montague Ave, Caro, MI 48723-9503

    Value Estimation by Request
    View details
    628 Columbia St
    INDUSTRIAL (GENERAL)

    628 Columbia St, Caro, MI 48723-9502

    Value Estimation by Request
    0.94 AC lot
    View details
    630 Columbia St
    INDUSTRIAL (GENERAL)

    630 Columbia St, Caro, MI 48723-9502

    $320,000
    Estimated value
    0.05 AC lot
    View details
    243 State St
    COMMERCIAL (GENERAL)

    243 State St, Caro, MI 48723-1560

    $220,000
    Estimated value
    0.05 AC lot
    View details
    842 State St
    COMMERCIAL (GENERAL)

    842 State St, Caro, MI 48723-1764

    $455,000
    Estimated value
    0.96 AC lot
    View details

    Caro, MI Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Caro, MI, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 34,934 square feet of properties for sale, with an estimated market value of $2,972,000.

    Sale prices for business properties in Caro, MI start at $275,000, averaging $495,333, and reaching up to $1,280,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 12K
    Population Growth (5Y) -0.6%
    Median Household Income $56,618
    College Educated 24.2%

    High-Yield Neighborhoods for Investment

    Identify Caro submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48723 $408.9K

    Taxes & Financing

    Tax Rate (average for all types) 4.73%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Tuscola County

    New Delisted

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