For Sale
18043 E State Street, Vandalia, MI 49095
$1,300,000
MLS # 26035663 (Michigan Regional Information Center (MichRIC))
2 bathsBuilt 20191.88 acres
1 / 5
Listing Description
An outstanding investment opportunity featuring a single-tenant Dollar General in Vandalia, Michigan. Built in 2019, the 9,100 SF property is leased under an Absolute NNN lease with approximately nine years remaining and four 5-year renewal options featuring 10% rent increases. Backed by a nationally recognized retailer, this property offers passive ownership and predictable cash flow for investors and 1031 exchange buyers. Please do not contact the tenant or employees. All property tours and inquiries must be coordinated through the listing broker.
Source: SparkMLS
About this home
Located in Vandalia Village in Vandalia, this property offers 2-bath, with original construction dating to 2019.
Listed at $1,300,000.
Estimated annual property tax: $20,703, or about $1,725 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Indiana Michigan Power Company; natural gas by SEMCO Energy Gas Company.
Listing Property Details
Property TypeCommercial Sale
Property SubtypeRetail
Bathrooms2
Lot Size1.88 acres
Year Built2019
Location
CityVandalia
MunicipalityVandalia Vllg
Zip Code49095
CountyCass
School DistrictCassopolis
Construction & Systems
HeatingForced Air
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Phone Connected, Natural Gas Connected, Electricity Connected
Sale & Financing
Listed7/12/2026
Terms AcceptedConventional, Cash
Source: SparkMLS
Tax Information
Annual Tax$20,703
Tax Year2025
Assessed Value$496,386
Parcel #14-101-100-015-01
Source: SparkMLS
Legal Description
On File
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAPrice & Status History
Jul 13, 2026
Listed for sale
$1,300,000
Listed by Eric Bolles
Callander Commercial
Frequently Asked Questions about 18043 E State Street, Vandalia, MI 49095
Which school district serves 18043 E State Street, Vandalia, MI 49095?
Per MLS# 26035663, 18043 E State Street, Vandalia, MI 49095 is in the Cassopolis boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Cassopolis directly to confirm enrollment eligibility.
What financing options are available for 18043 E State Street, Vandalia, MI 49095?
Per MLS# 26035663, this listing accepts Conventional, Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 18043 E State Street, Vandalia, MI 49095?
Per public tax records, annual property taxes for this property are $20,703 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 18043 E State Street, Vandalia, MI 49095 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 18043 E State Street, Vandalia, MI 49095 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 18043 E State Street, Vandalia, MI 49095?
Per Michigan Public Service Commission service territory data: Electric: Indiana Michigan Power Company. Gas: SEMCO Energy Gas Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Vandalia Vllg police department or the Cass County sheriff's office.
Map
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Monthly payment$8,432
Principal & interest$8,432
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Indiana Michigan Power Company
Investor-Owned
SEMCO Energy Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
18043 E State Street, Vandalia, MI 49095
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Municipality
Vandalia Village
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