100 W Caspian Ave, Caspian, MI 49915
This expansive Caspian, MI industrial property presents a remarkable investment opportunity. The main building, totaling 12,800 square feet, offers a versatile layout ideal for various commercial ventures. Previously utilized as a meat processing and supply facility, the property boasts several walk-in coolers and dedicated processing stations, ready for immediate use or adaptation. The main building also includes a full basement featuring a breakroom, restroom, and additional cooler storage. Adding to its functionality, a retail area is situated at the front of the building, complemented by existing living quarters and office space, providing flexibility for owner-occupancy or rental income. Ceiling heights vary from 9 to 14 feet, supported by 14-inch block bar joists, ensuring structural integrity and ample headroom. The property benefits from robust electrical infrastructure, including 3-phase 220 power and two 200-amp services, capable of supporting demanding operations. Further enhancing its appeal is a substantial 1,800 square foot garage and a large paved lot, providing ample parking and outdoor storage space. The property sits conveniently off Highway 424, ensuring excellent accessibility and visibility. This one-acre lot offers significant potential for expansion or future development. The combination of existing infrastructure, versatile space, and prime location makes this property an exceptional opportunity for a discerning investor or business owner.
-
Meyer Wholesale Inc Butcher Big Box & Wholesale Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.