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Office Building with Full Basement
For Lease
$4,310/Mo NNN

337 Brady Avenue, Caspian, MI 49915

COM/IND/BUS OPP, Caspian, MI

Space Size10,206 SF
Lot Size0.27 Acres
Days on Market100

Property Features for 337 Brady Avenue

General Information

Property type Commercial Lease
Property subtype Other
Zoning Commercial
Zoning description Commercial
Parking features Parking Lot
Lot features Corner Lot
Subdivision Caspian (36004)
Standard status Active
Size 10,206 SF
Lot size 0.27 Acres

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1988
Roof type Shingle
Listing Agency: KELLER WILLIAMS CLASSIC REALTY NW · Keller Williams Realty
Listed By: NICOLE HEBERT · License #43811
Added: Jun 29 Changed: Sep 7 Last Checked: Oct 6 at 3:06AM
MLS# 50213303

Copyright © 2026 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial office building offers 10,206 square feet across a 5,134-square-foot main level and a 5,072-square-foot basement. The primary floor includes multiple private offices, reception and lounge areas, a conference room, restrooms, and an employee break room. The lower level provides substantial storage or supplemental operational space.

The property is located at 337 Brady Avenue in Caspian, Michigan, within Iron County. Building features include forced-air heating, central air conditioning, a shingle roof, public water, and an on-site parking lot. Constructed in 1988, the property is offered under a NNN lease with a minimum three-year term.

Key Highlights

  • 10,206 square feet of combined building area
  • 5,134‑square‑foot main level with private offices and conference space
  • 5,072‑square‑foot basement for storage or additional operations

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Building Supply HVAC Service Butcher Auto Repair Shop 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

64
Businesses Nearby

Demographics for 49915, MI

789
Population
335
Households
2.4
Avg Household Size
51
Median Age
16%
College-Educated
91%
High-School Grad
1.2 sq mi
ZIP Area
658
Density / Sq Mi
$41,786
Median Household Income
$29,297
Median Earnings
$772
Median Rent
$69,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Multi-room commercial office layout with reception, conference, break-room, and storage areas.
Where is this office building located?
The property is located at 337 Brady Avenue Caspian, MI.
What is the lease rate?
The lease rate is $4,310/Mo.
What are key features of this property?
This property features: 10,206 square feet of combined building area; 5,134‑square‑foot main level with private offices and conference space; 5,072‑square‑foot basement for storage or additional operations
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