542 State Road $399,000

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    542 State Road Vassar, MI 48768

    Sold
    SOLD 10/25/2019

    $399,000

    • 7,708 sq. ft.
    • 1.23 Acres
    • Commercial Sale
    • MLS# 21522047
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    Property Details

    Opportunity to own small strip mall, approximately 7700 sq ft., on prime corner lot on M15 just north of Millington in Vassar. High visibility & traffic area, next to Central Shoprite Grocery. Currently home to IVY Pizza & Video, State Farm Insurance, and empty remodeled unit just waiting for tenant. Building was totally remodeled in 2007, features separately metered units, to include air conditioning. Asphalt parking, 20+. Land contract terms available to qualified buyer. Great rental income.

    • General Features
      • Ownership Private
      • New Construction Completed
      • County Tuscola
      • Area Municipality 79040
      • Acreage 1.23
      • Waterfront Y/N No
      • Year Built 1950
      • Originating MLS East Central Association
    • Building Features
      • Roofing Other-See Remarks
    • Property Features
      • Water Public Water
      • Sewer Septic Public Sanitary
      • Parking 6-10 Spaces
      • Lot Size 215 x 250

    Neighborhood

    48768 (Vassar) Demographics

    39 Median Age
    91 Population Density (per sq. mile)
    23% College Educated
    $42,660 Estimated Median Income
    2,929 Estimated Total Home Owners
    808 Estimated Total Renters
    78% / 22% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    9,490 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $98,550 Median Sales Price
    2 Homes Sold
    26 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        10/25/2019 3:00:00 AM Sold Source New Value: $399,000
        Information is provided in part by the IDX program of the MI Realsource Michigan Multiple Listing Service. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.