839 Cedar St Mason, MI 48854
This exceptional investment opportunity presents a well-maintained office condo complex in Mason, Michigan. The property comprises three separate brick buildings situated on a generous 2.35-acre lot, offering significant flexibility and potential. The total square footage across all three buildings is 9,745 square feet. The complex enjoys convenient access to the expressway, ensuring excellent accessibility for tenants and employees. One building, unit 865, is currently vacant and available for lease at a competitive rate of $12 per square foot gross. This presents an immediate income stream for the new owner. The unique structure of the property allows for the sale of each building individually, providing a range of acquisition options to suit diverse investment strategies. This is an ideal opportunity for investors seeking a multi-building portfolio or those interested in acquiring a single, well-located office building. The existing condition of the buildings is excellent, minimizing immediate capital expenditure requirements. The property's size and location make it suitable for a variety of uses, offering significant potential for future growth and appreciation. The combination of vacant space, existing tenants (if any in the other buildings), and the strategic location makes this a compelling investment opportunity in the thriving Mason market. Serious inquiries are encouraged.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.