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    Caro, MI
    Retail

    Caro, MI Retail Properties & Spaces for Sale

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    Mayville, MI Vassar, MI Cass City, MI Kingston, MI Silverwood, MI Fairgrove, MI Unionville, MI Reese, MI
    Corner Former Liquor Store Building
    Updated: Jun 1
    Corner Former Liquor Store Building

    3497 E Sanilac Rd, Caro, MI 48723

    $319,000
    1,200 sqft 2.27 AC lot
    Former liquor store on a highly visible corner lot totaling approximately 2.27 acres in Caro
    Zoned for liquor store use
    Building includes approximately 1,200 SF plus a full basement
    Strong frontage on the corner lot for high‑traffic exposure
    Available for purchase as building only or building with the liquor license
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    This listing looks promising.

    Here's a quick look at some key insights for

    3497 E Sanilac Rd, CaroCity_Tuscola, MI 48723

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    • Est. Cap Rate

      3.9%
      NOI ÷ price

    • Est. NOI

      $12K
      Annual

    • Price @ 7% Cap

      $178K
      Suggested
    View Property Analytics
    837 South State Street Caro
    Updated: Jan 6
    837 South State Street Caro

    837 South State St, Unit Caro, Caro, MI 48723

    $299,000
    3,550 sqft
    View details
    Former Dry Cleaning Building
    Former Dry Cleaning Building

    815 GIBBS ST, Caro, MI 48723

    Contact for pricing
    1,600 sqft

    Service-ready interior with customer reception area, support rooms, and on-site parking plus two large lots.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 Active listings in Caro, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

    Restaurant and Retail Building with Stage
    Restaurant and Retail Building with Stage

    3008 Bay Street, Unionville, MI 48767

    $249,000
    18,354 sqft 0.51 AC lot

    Historic building offers restaurant retail space plus a performance area and includes an adjacent parking lot.

    View details
    Retail Corner Property
    Retail Corner Property

    9978 Saginaw Street, Reese, MI 48757

    $269,000
    1,600 sqft

    Corner commercial site with a shared-wall building near a John Deere dealership and stated daily traffic over 6,000 vehicles.

    View details
    Historic Retail Building with Parking
    Historic Retail Building with Parking

    3008 Bay St, Unionville, MI 48767

    $249,000

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

    View details
    Auto Polishing and Storage Facility
    Auto Polishing and Storage Facility

    9739 SAGINAW St, Reese, MI 48757

    $169,000

    Turnkey facility includes auto cleaning equipment and 21 storage units, with training available during ownership transition.

    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 on M-15
    Commercial Land on M-15

    416/424 Goodrich St, Vassar, MI 48768

    Contact for pricing
    1.00 AC lot

    One-acre commercial parcel with high visibility on a busy corridor.

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    Commercial Land on State Highway
    Commercial Land on State Highway

    475 Goodrich St, Vassar, MI 48768

    $99,900
    5.00 AC lot

    Over 5 acres of commercial property on state highway.

    View details
    66 Acres Prime Development Land
    66 Acres Prime Development Land

    2701 Golf Course Drive, Marlette, MI 48453

    $649,000
    65.49 AC lot

    66-acre parcel ideal for residential or commercial development in Marlette.

    View details
    Commercial Land in Sandusky, MI
    Commercial Land in Sandusky, MI

    620 W Sanilac Road, Sandusky, MI 48471

    $199,000
    4.53 AC lot

    4.53 acres in prime commercial area near Walmart.

    View details

    Off-Market Properties in Caro, MI

    Consider similar Off-Market properties in Caro, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    615 State St
    Retail properties & Spaces

    615 State St, Caro, MI 48723

    Value Estimation by Request
    12,846 sqft 1.15 AC lot
    View details

    Caro, MI Retail Properties & Spaces Market Trends and Statistics

    Explore 4 retail properties & spaces for sale in Caro, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,350 square feet of properties for sale, with an estimated market value of $618,000.

    Sale prices for stores in Caro, MI start at $299,000, averaging $309,000, and reaching up to $319,000 — 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

    Storefront properties 3
    Shopping centers 2
    Grocery and convenience stores 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 $255.7K

    Taxes & Financing

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

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