Commercial Real Estate Market in Mason, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
18 active listings and 607 off-market properties in Mason, MI. Commercial property asks $153/SF to buy (based on 6 listings) and $20.00/SF/Yr to lease (based on 3 listings).
Market Trends
Mason, MI spans 113.3 square miles in Ingham County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Mason, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Mason, MI has a median asking sale price of $153/SF (based on 4 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Mason, MI runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Multifamily
Multifamily vacancy in Mason, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 68.1%
- Industrial 19.1%
- Commercial 12.8%
Largest Zones share of zoned land by district
Mason, MI zones 2,536 acres across 14 districts. Commercial zoning covers 12.8% of zoned land, residential 68.1% and industrial 19.1%. The largest single district is Single Family Residential District at 16.1%. For commercial buyers the practical constraint is that only 31.9% of land carries a commercial or industrial designation.
Bookmark Print Chapter 94 ZONING* Share Download Bookmark Print Sec. 94-61. Establishment of districts. The following zoning districts are hereby established for the city: AG district: Single-family agriculture district RS-1 district: Low density single-family residential district RS-2 district: Medium density single-family residential district RS-3 district…
Market overview
Demographics & Economy
Mason, MI has 19,804 residents in 7,853 households. Density runs 175 people per square mile. Median household income here is $91,956 and median gross rent $1,136 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Leslie | $111 | — |
| Okemos | $177 | $15.00 |
| East Lansing | $161 | $18.00 |
| Williamston | $75 | — |
Commercial property in Mason, MI asks $153/SF. The 4 bordering markets run from $75/SF in Williamston to $177/SF in Okemos, and the city sits above their $136/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Mason?
How much does it cost to lease commercial space in Mason?
How does Mason compare to nearby markets on price?
What zoning applies to commercial property in Mason?
Where does Realmo's Mason market data come from?
Methodology & data sources
- Asking prices and medians
- There are 12 active for-sale and 6 active for-lease listings in Mason, MI. The medians are based on 6 of the for-sale and 3 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 2,536 zoned acres across 14 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
