Commercial Real Estate Market in Mason, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
35 active listings and 608 off-market properties in Mason, MI. Commercial property asks $136/SF to buy and $14.14/SF/Yr to lease.
Market Trends
Mason, MI spans 113.3 square miles in Ingham County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Mason, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Mason, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
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%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Mason, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
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
Single Family Residential District
Single Family Residential District
Single Family Residential District
General Manufacturing District
General Commercial 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.
Single Family Residential District (RS-1)
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.
19,804
Population
7,853
Households
2.5
Avg Household Size
41
Median Age
39%
College-Educated
95%
High-School Grad
113.3 sq mi
ZIP Area
175
Density / Sq Mi
$91,956
Median Household Income
$46,992
Median Earnings
$1,136
Median Rent
$240,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Holt | — | $13.25 |
| Dansville | — | — |
| Leslie | — | — |
| Okemos | — | $31.46 |
Commercial property in Mason, MI asks $136/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Mason?
Commercial property in Mason, MI asks an average of $136 per square foot. The 5 most recent recorded sales traded at a median of $214/SF.
How much does it cost to lease commercial space in Mason?
Asking lease rates in Mason, MI average $14.14 per square foot per year.
What zoning applies to commercial property in Mason?
Mason, MI zones 2,536 acres across 14 districts, of which 12.8% is commercial and 19.1% industrial. The largest single district is Single Family Residential District at 16.1% of zoned land. Residential zoning covers 68.1% and open space 0%.
Where does Realmo's Mason market data come from?
Realmo compiles Mason, MI figures from 5 recent recorded sales, 29 active sale listings, 6 active lease listings, 608 tracked off-market properties, the current Mason zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 29 active for-sale and 6 active for-lease listings in Mason, MI. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- 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 August 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 August 2026 · report a data issue
