100 Caspian AveCaspian, MI 49915

  • Refrigeration & cold storage
  • 1,792 SF
For Sale
$279,900 View listing

Property Details for 100 Caspian Ave

Year built
1994
Lot size
0.74 AC
Property size (Sq ft)
1,792 SF
Property type
Refrigeration & cold storage
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.

100 Caspian Ave, Caspian, Michigan

Location Insight

City
Caspian
County
Iron
State
Michigan
Latitude
46.064
Longitude
-88.6324

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$5,400
$83,170
$88,570
-
$10,800
$166,340
$177,140

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