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Mixed-Use Building with Three Apartments

130 W Spring St, Vassar, MI 48768

For Sale
New
$199,900

Commercial zoning, ground-floor business or storage space, and a separate rear garage/shed complement the upper-level residences.

Property Size6,541 SF
Days on Market2

Property Features for 130 W Spring St

General Information

Standard status Active
Size 6,541 SF
Property subtype Investment
Zoning Commercial

Additional Details

Mixed-Use Components commercial, residential
Tenant in Place Yes
Property Use Commercial/Storage and Residential

Taxes and HOA fees

Annual Taxes $2,624

Building Details

Building Size 6,541 SF
Year Built 1914
Buildings 2
Units 4
Tenancy Multi
Listing Agency: BOMIC Real Estate
Listed By: Bob Smith · License MI #6502370682
Source: Elliman
Added: Nov 12 Last Checked: Nov 12 at 2:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BOMIC Real Estate

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property combines commercial or storage space on the main floor with three apartments above, all currently rented. The ground-floor area measures nearly 3,000 square feet, and a separate garage or shed sits behind the building. Commercial zoning supports the property's mixed-use configuration.

Built in 1914, the building places income-producing apartments above a ground-level commercial area, with an additional outbuilding at the rear.

Key Highlights

  • Three rented apartments above the main‑floor commercial area
  • Nearly 3,000 square feet of commercial or storage space
  • Commercial zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Nail Salon Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

240
Businesses Nearby

Demographics for 48768, MI

9,648
Population
4,146
Households
2.3
Avg Household Size
43
Median Age
17%
College-Educated
92%
High-School Grad
105.9 sq mi
ZIP Area
91
Density / Sq Mi
$63,363
Median Household Income
$36,460
Median Earnings
$719
Median Rent
$137,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial zoning, ground-floor business or storage space, and a separate rear garage/shed complement the upper-level residences.
Where is this mixed-use property located?
The property is located at 130 W Spring St Vassar, MI.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Three rented apartments above the main‑floor commercial area; Nearly 3,000 square feet of commercial or storage space; Commercial zoning
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