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    Caro, MI
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    Caro, MI Restaurants for Sale

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    Vassar, MI Kingston, MI Silverwood, MI
    Restaurant, Bar with Apartments
    $450,000
    3,368 SF
    Restaurant, Bar with Apartments

    261 N State Street, Caro, MI 48723

    Restaurant/bar with two apartments in downtown Caro, Michigan.
    • Fully functioning restaurant/bar with existing customer base.
    • Sale includes liquor license.
    • Two upstairs apartments provide rental income potential.
    • Prime downtown Caro location.
    • The two‑bedroom apartment has been recently touched up.
    Updated: Oct 22, 2025
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    Freestanding Wendy’s Investment Property
    $2,021,000
    2,414 SF
    Freestanding Wendy’s Investment Property

    847 S State St, Caro, MI 48723

    Single-tenant Wendy’s in Caro, Michigan with long-term lease.
    • Long‑term absolute net lease structure provides a passive income stream.
    • Appreciable rental rate increases offer potential for increased returns.
    • Located on the “Main Street” of Caro, a county‑seat community, ensuring high visibility and accessibility.
    • Operated by a large, established franchisee (60+ units, Wen‑Well National).
    • Healthy rent‑to‑sales ratio of approximately 7% indicates financial viability.
    Updated: Feb 4
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Caro, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Mixed-Use Retail Building
    $295,000
    18,354 SF
    Historic Mixed-Use Retail Building

    Historic building with multiple operating spaces, including food service setup and a separate showroom area.

    3008 Bay Street, Unionville, MI 48767

    View details
    Waterfront Restaurant Opportunity
    $249,900
    2,250 SF
    Waterfront Restaurant Opportunity

    Three waterfront lots with a fully functional restaurant for sale.

    4586 Water Street, Columbiaville, MI 48421

    View details
    Historic Retail Building with Parking
    $295,000
    Historic Retail Building with Parking

    Built in 1883 and currently configured for a deli/coffee/ice cream operation plus a showroom-style space.

    3008 Bay St, Unionville, MI 48767

    View details
    Waterfront Restaurant Opportunity in Columbiaville
    $249,900
    2,250 SF
    Waterfront Restaurant Opportunity in Columbiaville

    Three waterfront lots with a fully functional restaurant building.

    4586 Water St, Columbiaville, MI 48421

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Drive-Through
    $345,000
    4.90 Acres
    Commercial Land with Drive-Through

    This offering is a 4.9-acre commercial land parcel suited for a variety of development plans, with the layout considered a fit for drive-through quick service use.

    6605 Bridgeport Highway, Bridgeport, MI 48722

    View details
    Commercial Land in Sandusky, MI
    $199,000
    4.53 Acres
    Commercial Land in Sandusky, MI

    4.53 acres in prime commercial area near Walmart.

    620 W Sanilac Road, Sandusky, MI 48471

    View details
    Commercial Land in Sandusky, MI
    $179,000
    4.53 Acres
    Commercial Land in Sandusky, MI

    4.53 acres in prime commercial area near Walmart.

    600 W Sanilac Road, Sandusky, MI 48471

    View details
    Commercial Land Near Walmart
    $169,000
    4.55 Acres
    Commercial Land Near Walmart

    4.55 acres in prime commercial area near Walmart.

    580 W Sanilac Road, Sandusky, MI 48471

    View details

    Caro, MI Restaurants Investment Opportunities Market Analysis

    Explore 2 restaurants for sale in Caro, MI on our real estate platform. These investment opportunities span a total of 5,782 square feet of properties for sale, with an estimated market value of $2,471,000.

    Sale prices for restaurant properties in Caro, MI start at $450,000, averaging $1,235,500, and reaching up to $2,021,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 2
    Drive through restaurants 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) -0.6%
    Median Household Income $56,618
    College Educated 24.2%

    High-Yield Neighborhoods for Investment

    Identify Caro submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48723 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 4.73%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Tuscola County

    New Delisted

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