Caspian MI Real Estate & Commercial for Sale

4 Properties Found

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Beds:
n/a
Baths:
Sq.Ft.:
2,700
Status:
Active
MLS#:
50169745
Type:
Industrial
Lot size:
1.04 Acres
Year built:
2012
Courtesy: RE/MAX 1ST REALTY 906-225-1136
View additional info

ADDITIONAL INFORMATION

Welcome to 100B Axle Drive, Caspian, MI 49915 â?? a truly versatile property that combines function, comfort, and potential all in one! Situated on 1.04 acres, this 2,800 sq. ft. office and workshop is thoughtfully designed and well-equipped, ready to accommodate a wide variety of business needs. Inside, the main level offers a welcoming reception area, efficient workstations, a convenient shipping/receiving area, a loading dock, and a bathroom. Upstairs, youâ??ll find two desks, a conference room perfect for meetings, extra storage space, and another bathroom complete with modern conveniences like a mini-fridge, microwave, and cupboards. The lower level is ideal for staff comfort, featuring a lunchroom with fridge, locker room, and a bathroom with a shower. The workshop area is a dream for hands-on operations, boasting specialized equipment such as a Coats tire machine, wheel balancer, pressure washer, and a 5hp 3-phase air compressor. To keep everything running smoothly, the property comes with 3-phase power, EPA compliance, and an efficient boiler in-floor heating system (with electric baseboard backup). For those needing extra room, the adjacent warehouse provides up to 2,584 sq. ft. of storage, complete with high cube shipping containers, lighting, racking, and shelving. Plus, seven attached 40' & 48' storage/shipping containers are available for even more flexibility. Whether youâ??re looking to expand your business, create a workshop, or establish a multi-functional space, this property delivers both practicality and potential â?? all in a prime Caspian location. ADDITIONAL PROPERTY AVAILABLE. SELLER WILL CONSIDER OWNER FINANCING WITH NEGOTIABLE TERMS.

Beds:
n/a
Baths:
Sq.Ft.:
2,148
Status:
Active
MLS#:
50169744
Type:
Industrial
Lot size:
16.96 Acres
Year built:
2005
Courtesy: RE/MAX 1ST REALTY 906-225-1136
View additional info

ADDITIONAL INFORMATION

This 2,148 sq. ft. recycling building, coupled with an impressive array of top-tier equipment, offers an exceptional investment opportunity for anyone in the recycling or heavy-duty operations industry. Located on almost 17 acres with easements, the facility is designed to maximize efficiency and productivity. It features a spacious 48' x 38' building complete with a loading dock and ramps, ensuring smooth operations. The property is further equipped with a 20' x 36' shingle bin B, a 70' x 11' Fairbanks Scale with a 200,000 lb rating B, and specialized machinery, including a metal alligator, large and small shears, and two Sweed choppers (one with dual magnetic separators). Additionally, an aluminum can crusher with a blower, four balers, and an in-floor scaler with printout are included to streamline processing. The facility also comes with a 5 hp air compressor, a 3-phase plasma cutter (E), a torch rack with gauges & cutting (rent tanks) (E), two 500-gallon fuel tanks with pumps (B), and office essentials such as a Canon copier/fax machine (B) and two office chairs (B). A propane crib is also available, enhancing the site's versatility. This turn-key facility, equipped with the necessary infrastructure and machinery to handle a variety of heavy-duty tasks, provides a solid foundation for any recycling or industrial operation. Don't miss out on this prime opportunity to elevate your business and increase profitability. ADDITIONAL PROPERTY AVAILABLE.

Beds:
n/a
Baths:
Sq.Ft.:
12,800
Status:
Active
MLS#:
50164364
Type:
Industrial
Lot size:
1 Acres
Year built:
1930
Courtesy: STEPHENS REAL ESTATE-IRON RIVER 906-265-7325
View additional info

ADDITIONAL INFORMATION

Wonderful business opportunity! Commercial property with endless possibilities, formerly a meat processing & supplier facility with several walk-in coolers and processing stations. 12,800 sq ft main building includes a basement with breakroom, restroom, & additional coolers. Retail area in front of building along with living quarters plus office space. There are 9, 10, and 14 ft ceilings, 14 in. block bar joists, 3-phase 220 power, two 200 amp services, additional 1,800 sq ft garage, and a large paved lot. Conveniently located off Hwy 424.

Beds:
n/a
Baths:
Sq.Ft.:
2,498
Status:
Active
MLS#:
50137186
Type:
Business Opportunities
Subdivision:
Plat Of Caspian
Lot size:
0.17 Acres
Year built:
1917
Courtesy: RE/MAX NORTH COUNTRY 877-875-6331
View additional info

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.

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.



Caspian Real Estate

Caspian is located in Michigan. 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.

Caspian Map

Caspian Real Estate Market Conditions

  • Median sales price

    $95,275
    18.2%
    change since last quarter
  • # Active listings

    10
    30-day change

Caspian Schools and Demographics

Education near Caspian, MI

City County
High School Graduates 86.14 92.27
College Degree - 2 year 9.9 9.19
College Degree - 4 year 11.14 19.21
Graduate Degree 3.96 5.36
Expenditures per Student 13,153 13,153
Students per Teacher 16.2 16.2

Elementary Schools near Caspian, MI

Grades Students P/T Ratio ZIP
Stambaugh Elementary School PK - 06 389 17.8 49935

Middle Schools near Caspian, MI

Grades Students P/T Ratio ZIP
West Iron County Middle School 05 - 08 218 18.7 49935

High Schools near Caspian, MI

Grades Students P/T Ratio ZIP
West Iron County High School 09 - 12 236 15.1 49935

Demographics near Caspian, MI

City County
Neighborhood Type Small Town
Population 510 11,580
Population Density 357 10
Median Age 52.4 53.2
People per Household 2 2.2
Median Household Income 39,583 45,792
Average Income per Capita 23,829 28,723

Real estate near Caspian