18043 State Street, Vandalia, MI 49095 (MLS# 26009109)

18043 State Street, Vandalia, MI 49095

$1,300,000
Property Type: Commercial Sale Square Footage: 9,100 Lot Size (sq. ft.): 81,895 Status: Active
Current Price: $1,300,000 List Date: 3/11/2026 Last Modified: 3/12/2026

Overview

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

Listing Details MLS# 26009109

Location Property Info

County
Cass
Street #
18043
Street Name
State
Suffix
Street
State
MI
Zip Code
49095

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
1.88
Lot Square Footage
81895
Lot Dimensions
irregular
Year Built
2019
Road Frontage
774
Total # Units
Yes
# Fin Bldg Lvls
Yes
Total # Bldgs
Yes
Total SqFt
9100
Property Use Type
Net Leased (nnn)
Full Baths
2
Waterfront
No
School District
Cassopolis

Tax Info

Tax ID #
1410110001501
Taxable Value
571600
SEV
571600
For Tax Year
2025
Seller's Annual Property Tax
20014
Tax Year
2024
Spec Assessment & Type
None known
Homestead %
0

Remarks Misc

Directions
west Vandalia on the south side of State St. in

Additional Details

Total Parking Spaces
28

More Information

Unit 1

Occupied
Yes
Rent $/Month
7200
Tenant Pays Electric
Yes
Tenant Pays Gas
Yes
Tenant Pays Other
Yes
Tenant Pays Sewer
Yes
Tenant Pays Trash
Yes
Tenant Pays Water
Yes

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

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

Street Type

Paved
Yes
Public
Yes

Property Use

Investment
Yes
Net Leased (nnn)
Yes

Utilities Attached

Electricity Connected
Yes
Natural Gas Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Uses

Retail
Yes

Construction Type

Steel
Yes

Exterior Material

Metal Siding
Yes
Stone
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Below Grade

None
Yes

Heat Type

Forced Air
Yes

Air Conditioning

Central Air
Yes

Business Includes

Real Estate
Yes

Additional Features

Barrier Free
Yes

Util Avail at St

High Speed Internet
Yes

Driveway

Concrete
Yes

Purchase Terms Avail

Cash
Yes
Conventional
Yes
Tax Def Exchange
Yes
Other
Yes

Possession

Subject To Tenant Rights
Yes

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
IDX
Last Updated: March - 12 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.