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    OFF-MARKET
    Industrial properties

    337 Brady, Caspian, MI 49915

    10,206 SF 0.27 ac lot Built 1988
    Property ID
    Property summary
    AI-generated overview

    This exceptional one-story commercial office building, situated at 337 Brady in Caspian, Michigan, presents a compelling investment opportunity. Boasting a total of 10,206 square feet on a 0.27-acre lot, this property offers a versatile and functional layout ideal for a diverse range of businesses. The main floor encompasses 5,134 square feet, featuring numerous well-appointed office rooms suitable for individual workstations or collaborative team spaces. The building includes well-maintained restrooms for employee and client convenience, a dedicated conference room for meetings and presentations, and a comfortable break room for staff relaxation. A welcoming lounge area further enhances the property's appeal. A significant advantage is the expansive 5,072 square foot basement, providing substantial storage capacity and offering considerable potential for future expansion or development. Currently leased, the property offers the buyer the option to continue the existing lease, providing immediate income potential. Priced at $650,000, this property represents a strong value proposition for businesses seeking a functional and adaptable workspace with significant growth potential. The location in Caspian, MI offers easy access to local amenities and transportation routes.

    Property profile
    Verified
    Property type Industrial properties
    Year built 1988
    Total area 10,206 SF
    Lot 0.27 ac (11,761 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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