100 W Caspian Ave Caspian, MI 49915
- Refrigerated & Cold Storages
- 1,792 SF
- 0.74 lot acres
Current Use by Public Records
- Meyer Wholesale Inc / Meat Wholesaler
Property Details for 100 W Caspian Ave
- Year built
- 1994
- Lot size
- 0.74 lot acres
- Property size
- 1,792 SF
- Property type
- Refrigerated & Cold Storages
- APN
- 051-208-001-00
- APU
- 5120800100
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Caspian
- County
- Iron
- State
- Michigan
- Longitude
- -88.6324
- Latitude
- 46.064