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    306 S Cedar St Mason, MI 48854

    Sponsored
    For Sale
    $499,000

    Real Estate Only - Mason, MI

    Property size:
    3,700 SF
    Lot size:
    0.47 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 9 at 11:06 am

    Property Features for 306 S Cedar St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    191008130007
    Size
    3,700 SF
    Lot size
    0.47 Acres

    Building Details

    Year built
    1973
    Building materials
    Block, Brick
    Architectural style
    Other

    eXp Realty (888) 501-7085 [email protected]

    Listing agent Audrey Schultz (888) 501-7085

    Listing date Jan 8, 2026

    MLS# 20261000931 Listing URL

    Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Strip Center in Mason

    This fully leased, two-unit retail strip center is situated in downtown Mason on S. Cedar Street, benefiting from high visibility. The well-maintained commercial property measures 3,700 square feet and houses two established tenants: Every Day Tobacco and Ruff Cuts Pet Grooming. Both tenants have demonstrated strong operating histories, suggesting a high likelihood of lease renewal. The property features 110 feet of road frontage and experiences approximately 7,480 vehicles per day. It is conveniently located with easy access to US-127 (Exit 66), which is just minutes away. The site, zoned C-2, occupies a 20,530 square foot lot and includes on-site parking. The location is walkable to downtown amenities. Recent capital improvements include approximately $46,000 in new HVAC systems installed in 2025, reducing near-term maintenance and capital expense exposure. The property generates a $41,520 net operating income (NOI) and features an 8.32% cap rate. This property is suitable for investors seeking reliable income in a growing market, or for an owner-occupant planning future use at lease rollover.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mason
    County
    Ingham
    State
    Michigan
    Longitude
    -84.453507
    Latitude
    42.579427

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    FAQs

    What type of property is this?
    Strip mall - Fully leased retail strip center in downtown Mason, Michigan.
    Where is this strip mall located?
    The property is located at 306 S Cedar St Mason, MI.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - Fully leased 2-unit retail strip center with established tenants.; - Attractive 8.32% cap rate and $41,520 NOI, providing a strong turnkey investment with stable cash flow.; - Prime downtown Mason location on high-visibility S. Cedar Street with 110 feet of road frontage and high daily traffic counts.
    (517) 745-0008
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    306 S Cedar St Mason, MI 48854
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    Mason, MI 48854
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    306 S Cedar St Mason, MI 48854
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