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    999 Huron Ave Vassar, MI 48768

    Sponsored
    For Sale
    $1,300,000

    Modern Industrial Warehouse, Cannabis Ready

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This newly constructed, two-story freestanding industrial warehouse, completed in 2024, presents a unique investment opportunity in Vassar, MI. Situated on a 1.18-acre lot, the building offers approximately 2000 square feet per floor, boasting 10-foot ceiling heights on each level. Interior build-out has commenced for a Class C cannabis cultivation facility, however, the flexible I-1 zoning allows for diverse uses, including traditional warehouse, storage, or retail operations. The property is well-equipped for industrial use, featuring a 12' x 12' insulated garage door, substantial power (1600 amps), a robust water line (1.5-inch), a 4-inch fire suppression line, and a 6-inch sewer line. The strategic location offers excellent synergy, benefiting from a high-density residential population and proximity to established local and national businesses. The exterior requires only the addition of a parking lot to be fully complete. This property is priced at $1,300,000 and presents a compelling opportunity for a variety of commercial ventures. The building's adaptability and prime location make it an attractive investment for both traditional and specialized industrial uses.

    Property Features for 999 Huron Ave

    General Information

    Property type
    Industrial properties
    Lot Size
    51,401 SF

    Building Details

    Year Built
    1920
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Vassar
    County
    Tuscola
    State
    Michigan
    Longitude
    -83.56369
    Latitude
    43.36774

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    FAQs

    What type of property is this?
    Industrial property - Modern Industrial Warehouse, Cannabis Ready
    Where is this industrial property located?
    The property is located at 999 Huron Ave Vassar, MI.
    What is the asking price?
    The asking price for this property is $1,300,000.
    (248) 220-1110
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    999 Huron Ave Vassar, MI 48768
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