Listing Agency: Stephens Real Estate r***@live.com Show Phone

Listed By: Ryan Gordon · License #6502420131 Show Phone

Source: Thebrokerlist

Added: Feb 18 Changed: Aug 29 Last Checked: Aug 29 at 2:33PM

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Investment Insights

Based on property information with market context.

This manufacturing facility includes a 12,800-square-foot main building with multiple walk-in coolers, processing stations, and a basement containing additional coolers, a lunch room, and a restroom. The front portion provides retail space, while separate office space includes its own restroom and living quarters. Tall ceilings, 14-inch block bar joists, 3-phase 220-volt power, and two 200-amp services support a range of industrial operations. The property also includes a large paved parking area and an 1,800-square-foot garage.

Located off Highway 424 at 100 W. Caspian Ave. in Caspian, Michigan, the facility was previously used for meat processing and supply operations. The existing combination of processing areas, refrigerated storage, offices, retail space, and ancillary improvements offers a substantial industrial footprint.

Key Highlights

• 12,800‑square‑foot main building with walk‑in coolers and processing stations
• 1,800‑square‑foot garage and large paved parking lot
• 3‑phase 220 power with two 200‑amp services

Property Analytics

Property Profile

Current Use

Meyer Wholesale Inc Butcher

Suggested Use

Top Pick HVAC Service Building Supply Auto Repair Shop Butcher Hair Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

67

Businesses Nearby

Explore this area Business Placement

Demographics for 49935, MI

5,952

Population

4,610

Households

1.3

Avg Household Size

51

Median Age

20%

College-Educated

93%

High-School Grad

457.0 sq mi

ZIP Area

13

Density / Sq Mi

$52,254

Median Household Income

$38,052

Median Earnings

$445

Median Rent

$103,800

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Manufacturing property - Industrial improvements include cold storage, processing areas, offices, and living quarters.

Where is this manufacturing property located?

The property is located at 100 W Caspian Ave. Caspian, MI.

What is the asking price?

The asking price for this property is $249,000.

What are key features of this property?

This property features: 12,800‑square‑foot main building with walk‑in coolers and processing stations; 1,800‑square‑foot garage and large paved parking lot; 3‑phase 220 power with two 200‑amp services