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Caro Multi-Tenant Office Property

1184 Cleaver Rd, Caro, MI 48723

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For Sale

$420,000

Multi-tenant office building in Caro, Michigan with upside potential.

Type:Office

Property size:

8,600 SF

Lot size:

1.81 Acres

Price / SF:

$48/SF

Listing Contact

Paul Kerber

Real Estate License ID: MI: 6502130236, MI: 6502433613

HighLights

Anchored by two State of Michigan leases, providing stable income.
Potential upside through lease‑up of 25% vacancy.
Well‑maintained property with significant recent HVAC investment ($21,000 in the last couple of years).
Located in Caro, the county seat, offering economic stability and diverse economy.
Ample parking with 64 spaces, including ADA compliance.
Roof re‑applied with a 30‑year rubber membrane in 2007 and windows replaced in 2005.

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For Sale

$420,000

Multi-tenant office building in Caro, Michigan with upside potential.

Type:Office

Property size:

8,600 SF

Lot size:

1.81 Acres

Price / SF:

$48/SF

Added:: Apr 3, 2026
Days on Market:: 69
Last Refresh:: Apr 3 at 4:57 am

Property Features for 1184 Cleaver Rd

General Information

Standard status: Active
Size: 8,600 SF
Lot size: 1.81 Acres
Property subtype: Office

Building Details

Year Built: 1978

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Listing Contact

Paul Kerber

Listing agent Paul Kerber License #MI: 6502130236, MI: 6502433613

Listing office Detroit Office

Listing date Apr 3, 2026

Source Marcusmillichap

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Detroit Office

HighLights

Anchored by two State of Michigan leases, providing stable income.
Potential upside through lease‑up of 25% vacancy.
Well‑maintained property with significant recent HVAC investment ($21,000 in the last couple of years).
Located in Caro, the county seat, offering economic stability and diverse economy.
Ample parking with 64 spaces, including ADA compliance.
Roof re‑applied with a 30‑year rubber membrane in 2007 and windows replaced in 2005.

Overview

This 10,647-square foot multi-tenant office property is located in Caro, Michigan. Developed in 1978, the single-story Caro Professional Center is situated northeast of the town center, providing access to major roads and nearby tenant amenities such as lunch, retail, and hospitality services. The property is located in Tuscola County, within the agricultural region of Michigan's "Thumb." Caro serves as the county seat, fostering economic stability through government and associated businesses. The area's diverse economy includes administrative healthcare, medical services, and other professional companies. The five-tenant rent roll is anchored by two State of Michigan leases. A 25% vacancy presents potential upside through further lease-up of available suites. The leases are structured on a gross basis, with the landlord covering all expenses and building maintenance. Under the same ownership since 1984, the property has been maintained. Windows were replaced in 2005, and a 30-year rubber membrane roof was installed in 2007. Over $21,000 has been invested in HVAC in the last few years. The 1.81-acre site includes 64 parking spaces, including ADA-compliant spots, and the parking lot is re-sealed and striped every three years.

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Local Demand

City: Caro
County: Tuscola
State: Michigan
Longitude: -83.387572
Latitude: 43.500888

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For sale
Office buildings
MI
Caro
48723
1184 Cleaver Rd

What type of property is this?

Office building - Multi-tenant office building in Caro, Michigan with upside potential.

Where is this office building located?

The property is located at 1184 Cleaver Rd Caro, MI.

What is the asking price?

The asking price for this property is $420,000.

What are key features of this property?

This property features: Anchored by two State of Michigan leases, providing stable income.; Potential upside through lease‑up of 25% vacancy.; Well‑maintained property with significant recent HVAC investment ($21,000 in the last couple of years).