1184 Cleaver Rd Caro, MI 48723
Multi-tenant office building in Caro, Michigan with upside potential.
Type:Office
Property size:
8,600 SFLot size:
1.81 AcresPrice / SF:
$48/SF- Added:
- Apr 3, 2026
- Days on Market:
- 25
- 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
Listing agent Paul Kerber License #MI: 6502130236, MI: 6502433613 (248) 415-2612
Listing office Detroit Office (248) 415-2612
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
Overview
Caro Multi-Tenant Office Property
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.
Location Intelligence
Current Use by Public Records
Hofmeister Law Office
Law Firm
Julia Barrons
Physician
Kirsten Roberts
Physician
Krista Heckert
Physician
Elite Psychiatric Services
Physician
Location Insight
- Map
- Local Demand
- City
- Caro
- County
- Tuscola
- State
- Michigan
- Longitude
- -83.387572
- Latitude
- 43.500888
Nearby Similar for Sale
FAQs
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).
