Property profile

445 Cedar St Mason, MI 48854

OFF-MARKET
Retail properties & Spaces
0.51 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity comprises three strategically located auto shops in Mason, Michigan, totaling 2.46 acres. The portfolio includes three properties situated on N Cedar St, offering a mix of showroom, office, warehouse, and garage space. 445 N Cedar St presents a vacant, 10,050 square foot building (3,000 SF showroom/office, 6,000 SF warehouse, 1,050 SF office/parts) on a 0.689-acre lot, priced at $585,000. 457 N Cedar St features 8,200 square feet (5,800 SF garage/showroom, 2,400 SF heated pole barn) on 0.505 acres, currently occupied by a short-term lease tenant, listed at $340,000. Finally, 465 N Cedar St offers 5,120 square feet (1,875 SF office/showroom, 3,245 SF garage) on a 1.2-acre lot, also with a short-term lease in place, priced at $399,000. All three properties benefit from a high-traffic location near the US 127 highway interchange, making them ideal for automotive businesses or investors seeking a strong return. The properties are zoned I-2. APN numbers are 33-10-10-06-201-008; 33-10-10-06-201-017; 33-10-10-06-201-010. This is a rare opportunity to acquire a multi-property portfolio in a desirable location.

Property profile

Verified
Property type Retail properties & Spaces
Lot 0.51 ac (22,216 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Building Supply General Contractor
  • Auto Repair Shop

Location

445 Cedar St Mason, MI 48854
Mason metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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