$75,000
$340,000
77.9%For more information regarding the value of a property, please contact us for a free consultation.
4,800 SqFt
SOLD DATE : 05/17/2021
Key Details
Sold Price $75,000
Property Type Commercial
Sub Type Business And Real Estate
Listing Status Sold
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $15
MLS Listing ID 2200069567
Sold Date 05/17/21
Originating Board Realcomp II Ltd
Year Built 1970
Annual Tax Amount $1,961
Lot Size 2.960 Acres
Acres 2.96
Lot Dimensions 32x1320x132x870x100x450
Property Description
This well-established meat packing & processing company has been operated under the same ownership since 1977. The current owners of Caro Packing have decided to retire and are selling their business, including a 5000 sq ft processing facility located on 2.96 acres in Caro, Michigan together with all equipment. This business is turnkey with solid sales and profit year after year. The facility has seen an increase in demand with their January-June 2020 net income doubling that of January-June 2019. There is also potential for growth by expansion or into retail. The current owner is willing to train new ownership.
Location
State MI
County Tuscola
Area Indianfields Twp
Zoning Commercial
Direction M24 to Gun Club Rd. Gun Club Rd to Weeden Rd. South on Weeden Rd to property. Look for the sign out front.
Interior
Hot Water Natural Gas
Heating Wall/Floor Furnace
Heat Source Natural Gas
Exterior
Exterior Feature Whole House Generator
Pool No
Utilities Available Employee Lunch/Lounge, Hoist, 3 Phase Power, Security Alarm, Generator
Roof Type Metal
Road Frontage Paved
Building
Foundation Slab
Sewer Septic Tank (Existing)
Water Well (Existing)
Level or Stories 1 Story
Structure Type Aluminum,Steel
Schools
School District Caro
Others
Tax ID 013011200115000
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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