18089 State StVandalia, MI 49095

Property Details for 18089 State St

Lot size

0.21 AC

Property type

Commercial land

APN

14-101-100-018-00

APU

1410110001800

Description

This exceptional business opportunity presents a well-established restaurant ideally situated on busy M-60 in Vandalia, MI. Boasting over 6,587 square feet, the property includes a spacious dining area with seating for more than 150 patrons, a full bar, and a dedicated banquet room perfect for hosting various events such as weddings, graduations, and birthday parties. The nearly one-acre lot provides ample parking for numerous vehicles, complemented by an outdoor deck and patio featuring a bandstand for live entertainment and al fresco dining. The sale includes a complete turnkey operation, encompassing all equipment, fixtures, and inventory, ensuring a seamless transition for the new owner. Adding to the investment potential, an upstairs apartment offers additional rental income. The property benefits from its location near several popular lakes (Diamond, Donnell, Birch, Shavehead, and others), attracting significant tourism. Furthermore, the proximity to Cassopolis, with its upcoming influx of new businesses and hundreds of new employees, presents tremendous growth potential for the future. This is a rare opportunity to acquire a thriving, established business with significant upside in a desirable location.

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,182,080

  Retail / Commercial

  $1,658,550

  Mixed-Use / Specialty

  $1,673,760

  Hospitality / Lodging

  $1,255,470

  Office

  $1,685,810

  Institutional / Educational

  $1,747,580

  Residential Income

  $2,044,670

  Multifamily

  $2,335,200

  Automotive / Energy

  $1,497,920

  Parking / Income-Based Land

  $496,053

  Restaurant / Food Service

  $915,599

  Healthcare / Senior Housing

  $1,694,750

Location Insight

City

Vandalia

County

Cass

State

Michigan

Latitude

41.9178

Longitude

-85.9159

CBSA code

43780

CBSA name

SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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