Caspian MI Commercial for Sale
$114,500
224 E Caspian Caspian, MI 49915
- Type:
- Business Opportunities
- Sq.Ft.:
- 2,498
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1917
- Baths:
- MLS#:
- 50137186
- Subdivision:
- Plat Of Caspian
ADDITIONAL INFORMATION
Check out this well established Upper Peninsula neighborhood bar in downtown Caspian. Built in 1917 as an Ice Cream Parlor and turned into a tavern after prohibition. Live upstairs in the spacious 2 bedroom 960 square foot apartment or rent it out for extra income. This property has a neat and clean interior with a well organized kitchen ready for a new owner to take over. Newer fryer, only 4 years old, new was $10K. Liquor license is included. All buildings have metal roofing. Interior has an inviting atmosphere with newer flooring and a U.P. vibe. His & hers restrooms along with a back room for beverage storage. This area also has a walk-in cooler. Main building 24x40 with 960 sf in the bar area and another 960 in the upstairs apartment. kitchen plus backroom storage area add another ~578 sf. There is a partial basement, 10 x 13, which is rock & mortar and poured concrete with a natural Gas forced air furnace, 15 yrs and electric water heater, 4 yrs. Tables, chairs, stools, appliances, walk-in cooler and pool table are all included. Dart machine and jukebox are rented. Older garage at alley for storage. There are some new windows and extra vinyl siding for the building that will stay.
$450,000
100A Axle Caspian, MI 49915
- Type:
- Industrial
- Sq.Ft.:
- 2,784
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 16.96 Acres
- Year built:
- 1978
- Baths:
- MLS#:
- 50125546
ADDITIONAL INFORMATION
Long established and profitable auto salvage & recycling facility that has been proudly serving Iron County and the surrounding communities of the Upper Peninsula and northern Wisconsin since 2007. This is a turn-key operation that sits on 17 acres and includes everything on site plus current inventory along with salvage yard, loading dock, scale, and buildings.
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Caspian Real Estate
The median home value in Caspian, MI is $53,950. This is lower than the county median home value of $101,000. The national median home value is $338,100. The average price of homes sold in Caspian, MI is $53,950. Approximately 51.44% of Caspian homes are owned, compared to 20.69% rented, while 27.87% are vacant. Caspian real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Caspian real estate agent to arrange a tour today!
Caspian, Michigan has a population of 510. Caspian is less family-centric than the surrounding county with 7.52% of the households containing married families with children. The county average for households married with children is 13.34%.
The median household income in Caspian, Michigan is $39,583. The median household income for the surrounding county is $45,792 compared to the national median of $69,021. The median age of people living in Caspian is 52.4 years.
Caspian Weather
The average high temperature in July is 77.9 degrees, with an average low temperature in January of 0.5 degrees. The average rainfall is approximately 30.7 inches per year, with 85.1 inches of snow per year.