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Caspian, MI

Caspian, MI Commercial Real Estate for Sale

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Iron River, MI Crystal Falls, MI Long Lake, WI Florence, WI Amasa, MI Phelps, WI Argonne, WI Watersmeet, MI

One-Story Office Building

Updated: May 4

One-Story Office Building

337 Brady Avenue, Caspian, MI 49915

$650,000

10,206 sqft 0.27 AC lot

One‑story commercial office building in Caspian, MI, built in 1988
Main floor has 5,134 sq ft of office space with numerous office rooms
Expansive basement adds 5,072 sq ft for storage or potential future development
Conference room, break room, and lounge room included
Central air, forced‑air heating, shingle roof, and parking lot

Caspian, MI Land Parcel

Updated: Oct 20, 2025

Caspian, MI Land Parcel

W Caspian Avenue, Caspian, MI 49915

Contact for pricing

0.24 AC lot

Three city lots totaling approximately .24 acre
Close proximity to ATV/snowmobile trail
Conveniently located near downtown Caspian
Walking trails nearby
Power available at the road

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

Based on your search, we've compiled 48 Potential Opportunities for your consideration. Besides 2 Active listings in Caspian, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 42 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.

Mixed-Use Office and Residential Property

Mixed-Use Office and Residential Property

417 Washington Avenue, Iron River, MI 49935

$425,000

6,237 sqft 0.18 AC lot

Barrier-free main-level office space includes exam rooms and offices, with two apartments above and basement storage.

COMMERCIAL - Crystal Falls, MI

COMMERCIAL - Crystal Falls, MI

229 E Lake Emily Rd, Crystal Falls, MI 49920

$519,900

2,276 sqft 1.59 AC lot

Four 2-bedroom units sit on sandy Lake Emily frontage with a permanent pier and dedicated fish cleaning facilities.

COMMERCIAL - Iron River, MI

COMMERCIAL - Iron River, MI

417 Washington Ave, Iron River, MI 49935

$425,000

6,237 sqft 0.18 AC lot

4,158 sq ft commercial/residential property with income potential.

Turnkey Northwoods Motel

Turnkey Northwoods Motel

1700 Co Rd 424, Crystal Falls, MI 49920

Contact for pricing

1,375 sqft 3.75 AC lot

Turnkey motel on 3.75 acres featuring 24 rooms, updated mechanicals, and an owners home with 3 bedrooms.

Off-Market Properties in Caspian, MI

Consider similar Off-Market properties in Caspian, 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.

14 Lawrence St

PROFESSIONAL CLUBS/ASSOCIATIONS

14 Lawrence St, Caspian, MI 49915-5007

$295,000

Estimated value

2,944 sqft 2.27 AC lot

Caspian Ave

COMMERCIAL (GENERAL)

Caspian Ave, Caspian, MI 49915

$270,000

Estimated value

4.40 AC lot

224 Caspian Ave

BAR, TAVERN

224 Caspian Ave, Caspian, MI 49915-5116

$195,000

Estimated value

960 sqft 0.17 AC lot

501 Railroad

MANUFACTURING (LIGHT)

501 Railroad, Caspian, MI 49915-5154

$305,000

Estimated value

4,040 sqft 1.25 AC lot

340 Caspian Ave

COMMERCIAL (GENERAL)

340 Caspian Ave, Caspian, MI 49915-5119

$480,000

Estimated value

11,410 sqft 0.30 AC lot

307 Caspian Ave

COMMERCIAL (GENERAL)

307 Caspian Ave, Caspian, MI 49915-5119

$180,000

Estimated value

864 sqft 0.11 AC lot

240 Caspian Ave

FINANCIAL BUILDING

240 Caspian Ave, Caspian, MI 49915-5116

$250,000

Estimated value

1,540 sqft 0.18 AC lot

325 1st St

COMMERCIAL (GENERAL)

325 1st St, Caspian, MI 49915-5001

$265,000

Estimated value

0.09 AC lot

337 Brady

Industrial properties

337 Brady, Caspian, MI 49915

Value Estimation by Request

10,206 sqft 0.27 AC lot

411 Railroad

COMMERCIAL (GENERAL)

411 Railroad, Caspian, MI 49915

$185,000

Estimated value

420 Railroad

COMMERCIAL (GENERAL)

420 Railroad, Caspian, MI 49915

Value Estimation by Request

407 Railroad

WAREHOUSE, STORAGE

407 Railroad, Caspian, MI 49915

$215,000

Estimated value

1,440 sqft 1.46 AC lot

500 Railroad

WAREHOUSE, STORAGE

500 Railroad, Caspian, MI 49915-5154

$325,000

Estimated value

11,410 sqft

201 Caspian Ave

MANUFACTURING (LIGHT)

201 Caspian Ave, Caspian, MI 49915-5116

$620,000

Estimated value

24,400 sqft 0.76 AC lot

100 Caspian Ave

COLD STORAGE

100 Caspian Ave, Caspian, MI 49915-5144

$250,000

Estimated value

1,792 sqft 0.74 AC lot

80 Caspian Ave

VACANT COMMERCIAL LAND

80 Caspian Ave, Caspian, MI 49915-5117

$265,000

Estimated value

10.00 AC lot

117 Caspian Ave

COMMERCIAL (GENERAL)

117 Caspian Ave, Caspian, MI 49915-9700

$210,000

Estimated value

1,200 sqft 0.08 AC lot

113 Caspian Ave

AUTO REPAIR, GARAGE

113 Caspian Ave, Caspian, MI 49915-9700

$225,000

Estimated value

2,664 sqft 0.12 AC lot

108 Caspian Ave

CONVENIENCE STORE

108 Caspian Ave, Caspian, MI 49915-9700

$290,000

Estimated value

3,750 sqft 0.55 AC lot

200 Caspian Ave

BAR, TAVERN

200 Caspian Ave, Caspian, MI 49915-5116

$215,000

Estimated value

1,400 sqft 0.10 AC lot

201 Caspian Ave

VACANT COMMERCIAL LAND

201 Caspian Ave, Caspian, MI 49915-5116

$265,000

Estimated value

0.17 AC lot

329 Caspian Ave

BAR, TAVERN

329 Caspian Ave, Caspian, MI 49915-5119

$300,000

Estimated value

2,990 sqft 0.05 AC lot

Caspian, MI Commercial Real Estate Market Trends and Statistics

Explore 44 commercial real estate for sale in Caspian, MI on our real estate platform. These investment opportunities span a total of 10,206 square feet of properties for sale, with an estimated market value of $650,000.

Sale prices for business properties in Caspian, MI average $650,000 — 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 520

Median Household Income $41,786

College Educated 21.1%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
49915	$325K

Listings Trend

New vs delisted commercial listings in Iron County

New Delisted

Total CRE Inventory on Market (SF)

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