542 State RdVassar, MI 48768

  • Other commercial real estate
  • 4.00 AC
For Sale
$459,000 View listing

Property Details for 542 State Rd

Lot size
4.00 AC
Property type
Other commercial real estate
APN
051-018-000-5870-00
APU
51018000587000

Description

This exceptional 6,500 square foot commercial property, located just outside Vassar city limits, offers a unique leasing opportunity. The single-story building features three suites, with 3,900 square feet currently available for lease. The largest contiguous space available is also 3,900 square feet, ideal for a single tenant or easily divisible for multiple occupants. The building boasts a desirable open floor plan, previously occupied by an insurance office, offering flexibility for various business types. The high ceilings, measuring 10 feet, create a spacious and airy atmosphere. The property is zoned commercial and benefits from ample parking and convenient access from two roads, ensuring easy accessibility for clients and employees. The building's versatile nature makes it suitable for a range of uses, including traditional office, coworking, medical office, or creative office spaces. This prime location offers excellent visibility and convenient access, making it an attractive option for businesses seeking a well-maintained and functional space. The entire building is also available for purchase, presenting an additional investment opportunity. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $34,141,344
    Hospitality
    $31,273,288
    Educational
    $26,019,008
    Medical
    $26,913,842
    Retail
    $40,474,012
542 State Rd, Vassar, Michigan
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Location Insight

City
Vassar
County
Tuscola
State
Michigan
Latitude
43.3618
Longitude
-83.5807

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$7,102
-
-
$140,300
-
-
-
$280,600

FAQs

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