261 N State Street Caro, MI ^$ 450,000

261 N State Street

^$ 450,000

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261 N State Street

Caro, MI, 48723

^$ 450,000

Bedrooms-- Baths-- Sq 3,368

Monthly Estimate*

^$ 2,807

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Commercial Property for sale in Caro, MI

for $450,000. This 3,368 square foot building was built on a lot size of 0.04.

Fully functioning restaurant/bar in downtown Caro. Two upstairs apartments, one is one bedroom with additional room for storage or office, the other is two bedrooms, recently touched up. Existing customer base! Don't miss out on an amazing investment opportunity, and join the business district of Caro! Photos are of back apartment. Sale includes liquor license for the bar.

Commercial Active

Price

^$ 450,000

Property Type

Commercial

Taxes

^$ 1,573

Style

Commercial/Industrial

Lot Size

0.04

Town/City

Caro

County/Region

Tuscola

MLS | Web ID

60947344

Features

General

Heating Forced Air

Possession Negotiable (Possession)

Water Public Water

Status Active Active

Year Built 19

Subdivision Original MI

County Tuscola

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Caro

Zoning Commercial

Sale/Rent For Sale

Status Detail 0

Area Caro (79025)

Primary City Caro

Directions G.P.S.

City Caro

Financial Terms Cash Conventional

Legal Description 575-0136-000 SEC 03 T12N R9E COM ON NW SIDE OF STATE ST 22 FT SW FROM E COR OF LOT 12 BLK 17 TH SW 25 FT TH NW 78 FT TH NE 25 FT

DOM 42

Postal Code 48723

Price Per Sq Ft Total AG 133.61

Public Remarks Fully functioning restaurant/bar in downtown Caro. Two upstairs apartments one is one bedroom with additional room for storage or office the other is two bedrooms

Exterior

Exterior Cedar

Frontage 25

Lot Size Area 0.04

Lot Dimensions 25x78

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Bradley LaBrie

Listing Agent

Keller Williams First

Broker

bradley@soldbylabrie.com

Affordability Calculator

$2,938

Per Month

Monthly Principal & Interest: $2,807
Monthly Property Taxes: $131
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Caro, MI

Average List Price ^$355,108

Percent of Sale Price 21%

About Caro, MI

4,122 Population

-4% Since 2002

^$37,135 Median Income

40.1 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/22/2025	$450,000		Listed Price

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261 N State Street, Caro, MI, 48723 is a Commercial Property for sale at $450,000 with 3,368 sqft and a lot size of 0.04. The property's zip code is 48723 which is in Caro, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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261 N State Street

Commercial Property for sale in Caro, MI

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