Property summary
This exceptional investment opportunity presents two meticulously restored Victorian properties in downtown Caro, MI. The main house, built in 1886, features a stunning wrap-around porch and elegant formal dining room. A complimentary breakfast is served to guests. The second property, a cozy Parsonage, offers additional guest accommodations. Amenities include a backyard patio, hot tub, and game room. Both buildings have been lovingly restored, maintaining their original Victorian charm while offering modern comforts. The property sits on a 0.35-acre lot and is ideally located for exploring nearby attractions such as Frankenmuth, Caseville, Bay City, and Saginaw. This turnkey bed and breakfast business offers a unique blend of history, hospitality, and high earning potential, making it an unparalleled investment opportunity. The property is priced at $1,280,000. This is a rare chance to acquire a thriving, established business with significant potential for growth. The property's prime location and established reputation ensure a steady stream of guests. The current setup is ready for immediate operation, minimizing the need for significant upfront investment.
Property profile
VerifiedCap rate & NOI
Current use
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Bed & Breakfast Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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