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1215 E Caro Rd
Caro, MI 48723
Caro Building 1 · Retail Property For Sale
Investment Highlights
- Freestanding retail property positioned along a heavily traveled corridor in Caro, offering strong frontage and visibility.
- Included as part of a two-building portfolio requiring joint purchase, providing expanded investment flexibility.
- Positioned within a designated Opportunity Zone, presenting potential eligibility for federal tax incentives.
- Located in a growing commercial zone near national retailers such as Walmart, Aldi, Tractor Supply, and Save-A-Lot.
- Currently vacant and ready for customization, allowing owner-users or investors to adapt the space to specific business needs.
- Sited in close proximity to the intersection of M-24 and M-81, enhancing regional connectivity and customer traffic.
Executive Summary
Freestanding commercial building located in Caro, positioned on a busy road in a growing area close to major stores. This property is one of two buildings being sold as a package — both must be purchased together and will not be sold separately. This building offers approximately 2,500 square feet of space and is currently vacant. It needs some TLC, but it holds great potential with strong visibility and location appeal. Ideal opportunity for investors or business owners looking to expand in a developing commercial zone
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
2,500 SF
Building Class
C
Year Built
1940
Price
$209,830 CAD
Price Per SF
$83.93 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.87 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial Zoned District
Parking
10 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
165’ on East Caro Road
Amenities
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 050-035-101-0600-00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $37,769 CAD |
Property Taxes
Parcel Number
050-035-101-0600-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$37,769 CAD
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