The median home value in Caspian, MI is $71,250.
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 $71,250.
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!
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.
Very unique 3 BD/1 bth home situated on a large corner lot. Main level, ordinary floor plan with extraordinary opportunities for change. Current access to the basement is through the attached garage but the main level floor plan can offer several options to install a new access directly from inside the home. Garage and basement floors are dirt leaving the option for you to cover with concrete. This is definitely a diamond in the rough needing some TLC, but the opportunities are broad. This could be an amazing forever home or extraordinary investment. Seller is willing to give an allowance to the buyer of up to $5,000 for repairs or upgrades to the home.
This one-story commercial office building, located in Caspian, MI, offers a spacious and versatile layout perfect for a variety of business needs. The property features numerous office rooms, providing ample space for individual workstations or team-based environments. There are well-maintained restrooms in the building, ensuring convenience for employees and clients alike. A nice conference room is available for meetings and presentations, while the break room offers a comfortable space for staff to unwind. A lounge room adds to the building's inviting atmosphere, ideal for clients waiting or relaxation. Additionally, the expansive basement provides valuable storage space or the potential for future development, making this property an excellent investment for businesses looking for both functionality and growth potential. This building is being leased and potential buyer has the option to continue with the lease if they choose to do so. The main floor is 5,134 sq ft, and the basement is 5,072 sq ft.
This 3 bedroom, 2 bath sits on a large lot with an oversized garage! Features include a nice entry, eat-in kitchen, formal dining with built-in hutch, plus lower level with ample storage and utility area. Great location close to shopping, walking trails, & ATV/snowmobile trails.
Welcome to this beautiful riverfront property on 3.33 acres, where privacy meets luxury. This home offers 3 bedrooms and 3 bathrooms, ideal for family living or hosting guests. Inside you'll find cozy charm with 2 fireplaces and even heated floors! The expansive yard provides endless opportunities for outdoor enjoyment, with direct river frontage adding to the peaceful atmosphere. 2 garages provide ample space for vehicles, hobbies and storage. Enjoy the perfect blend of nature and modern features with this beauty! This home as so much to offer!
These 3 lots are located close to the ATV/snowmobile trail, downtown Caspian, and walking trails. Lots total approximately .24 acres, with power, water, and sewer available at the road.
Check out this 2+ acre lot with 250 ft of frontage on the Iron River! Private area with gently grown woods, raspberry bushes, and the whisper of the river, which is one of Iron County's Blue Ribbon streams.
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.
