$1,300,000
Vandalia, MI 49095
MLS# 26009109
9100 sqft
1 / 11
Property Description
Prime commercial investment opportunity in the heart of a charming small-town downtown! Currently leased by Dollar General with approx 9 years left on the absolute triple net lease with 4 extension options, this 9,100 sq. ft. building offers a highly visible location with strong community presence and convenient access. Positioned in a central downtown setting, the property provides excellent exposure and steady traffic. The spacious building allows for flexible commercial use and long-term investment potential. A rare opportunity to own a substantial commercial property occupied by a national brand
Details
Maps
Location & Property Info
Cross Streets: Water & Main
Property Sub-Type: Business Opportunity
Municipality: Penn Twp
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 142.86
Prop Avail for Lease?: No
Current Bldg Use: Retail
General Property Info
New Construction: No
Lot Dimensions: irregular
Road Frontage: 774
Waterfront: No
Total # Units: 1
Total # Bldgs: 1
# Fin Bldg Lvls: 1
Total SqFt: 9100
Property Use Type: Net Leased (nnn)
School District: Cassopolis
Lot Measurement: Acres
Lot Acres: 1.88
Lot Square Footage: 81895
Year Built: 2019
Full Baths: 2
Tax Info
Taxable Value: 571600
SEV: 571600
For Tax Year: 2025
Seller's Annual Property Tax: 20014
Tax Year: 2024
Homestead %: 0
Spec Assessment & Type: None known
Tax ID #: 1410110001501
Remarks & Misc
Public Remarks: Prime commercial investment opportunity in the heart of a charming small-town downtown! Currently leased by Dollar General with approx 9 years left on the absolute triple net lease with 4 extension options, this 9,100 sq. ft. building offers a highly visible location with strong community presence and convenient access. Positioned in a central downtown setting, the property provides excellent exposure and steady traffic. The spacious building allows for flexible commercial use and long-term investment potential. A rare opportunity to own a substantial commercial property occupied by a national brand
Legal: See Realist
Additional Details
Total Parking Spaces: 28
Street Type
Paved: 1
Public: 1
Property Use
Investment: 1
Net Leased (nnn): 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Retail: 1
Construction Type
Steel: 1
Exterior Material
Metal Siding: 1
Stone: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Below Grade
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Business Includes
Real Estate: 1
Additional Features
Barrier Free: 1
Util Avail at St
High Speed Internet: 1
Driveway
Concrete: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Tax Def Exchange: 1
Other: 1
Unit 1
Occupied: Yes
Rent $/Month: 7200
Tenant Pays Electric: 1
Tenant Pays Gas: 1
Tenant Pays Other: 1
Tenant Pays Sewer: 1
Tenant Pays Trash: 1
Tenant Pays Water: 1
Possession
Subject To Tenant Rights: 1
Location Property Info
County: Cass
Street #: 18043
Street Name: State
Suffix: Street
State: MI
Zip Code: 49095
OfficeContract Info
Status: Active
Current Price: $1,300,000
List Price: $1,300,000
Listing Date: 2026-03-10
Remarks Misc
Directions: west Vandalia on the south side of State St. in
Property Features
Property Use: Investment; Net Leased (nnn)
Uses: Retail
Business Includes: Real Estate
Construction Type: Steel
Exterior Material: Metal Siding; Stone
Below Grade: None
Additional Features: Barrier Free
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at St: High Speed Internet
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Concrete
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional; Tax Def Exchange; Other
Sale Conditions: None
Unit 1: Tenant Pays Electric; Tenant Pays Gas; Tenant Pays Other; Tenant Pays Sewer; Tenant Pays Trash; Tenant Pays Water
Possession: Subject To Tenant Rights
Listing Office: Berkshire Hathaway HomeServices Michigan Real Estate
Listing Agent: Josh Nagy
Last Updated: March - 12 - 2026
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