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    202 Mason St Mason, MI 48854

    For Sale
    $249,000

    Prime .48-acre lot, C-1 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional .48-acre vacant commercial land parcel presents a unique investment opportunity in the heart of downtown Mason, Michigan. Situated at the corner of Mason Street and Center Street, this property boasts a highly desirable C-1 zoning designation, opening doors to a wide array of commercial development possibilities. Its strategic location within the Mason Downtown Development Authority (DDA) provides access to potential incentives and support for compatible projects. The property's proximity to the historic district further enhances its appeal, offering immediate access to established businesses and a vibrant community atmosphere. The parcel's address is 202 N Mason St, Mason, MI 48854, with APN 33-19-10-05-478-022. This prime location offers excellent visibility and accessibility, making it an ideal site for a variety of commercial ventures. The asking price for this exceptional property is $249,000. Don't miss this chance to acquire a piece of Mason's thriving downtown. Serious inquiries only.

    Property Features for 202 Mason St

    General Information

    Property type
    Land

    HighLights

    • 0.48‑acre vacant commercial land parcel in downtown Mason, MI.
    • Highly desirable C‑1 zoning allows for diverse commercial development.
    • Located within the Mason Downtown Development Authority (DDA) offering potential incentives.
    • Prime corner location at Mason & Center Streets with excellent visibility and accessibility.
    • Asking price: $249,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mason
    County
    Ingham
    State
    Michigan
    Longitude
    -84.4481748
    Latitude
    42.583425

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    FAQs

    What type of property is this?
    Land - Prime .48-acre lot, C-1 zoning.
    Where is this land located?
    The property is located at 202 Mason St Mason, MI.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: 0.48-acre vacant commercial land parcel in downtown Mason, MI.; Highly desirable C-1 zoning allows for diverse commercial development.; Located within the Mason Downtown Development Authority (DDA) offering potential incentives.
    (517) 679-8633
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    202 Mason St 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
    202 Mason St Mason, MI 48854
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