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    Property profile & analytics

    117 Cedar St, Unit 1 Mason, MI 48854-1430

    • Bars
    • 1,849 SF
    • 0.53 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-0228621
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Tipsy Nickel Bar & Grille / Bar

    Property Details for 117 Cedar St

    Year built
    1940
    Lot size
    0.53 lot acres
    Property size
    1,849 SF
    Zone code
    C2
    Property type
    Bars
    Property subtype
    Pubs
    APN
    33-19-10-08-201-018
    APU
    33191008201018

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mason
    County
    Ingham
    State
    Michigan
    Longitude
    -84.4525
    Latitude
    42.5815
    CBSA code
    29620
    CBSA name
    LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $9,139
    $49,060
    $100,890
    $149,950
    -
    $98,120
    $201,780
    $299,900

    Comparable in this City

    • Value Estimation
      $255,000
      2,364 SF

      158 Maple St

      BAR, TAVERN • 2,364 SF
      158 Maple St, Mason, MI 48854-1668
      View Details
    • Value Estimation by Request
      1,449 SF

      440 Jefferson St, Unit 9

      BAR, TAVERN • 1,449 SF
      440 Jefferson St, Mason, MI 48854-1654
      View Details
    • Value Estimation by Request
      1,449 SF

      440 Jefferson St, Unit 10

      BAR, TAVERN • 1,449 SF
      440 Jefferson St, Mason, MI 48854-1654
      View Details
    • Value Estimation
      $335,000
      1,794 SF

      160 Maple St, Unit 7

      BAR, TAVERN • 1,794 SF
      160 Maple St, Mason, MI 48854-1657
      View Details
    • Value Estimation
      $170,000
      814 SF

      448 Jefferson St, Unit 10

      BAR, TAVERN • 814 SF
      448 Jefferson St, Mason, MI 48854-2916
      View Details
    • Value Estimation
      $2,135,000
      2,688 SF

      439 Cedar Rd, Unit 6

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,688 SF
      439 Cedar Rd, Mason, MI 48854-1020
      View Details

    Similar Nearby for Sale

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      Two-building retail property with high-traffic frontage, leased until 2025.
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      Downtown Mason Office Space Available

      Office space for sale in downtown Mason, Michigan.
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      Land in Mason, Michigan

      5.20 acre building site in Mason school district.
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      Multifamily Development Site in Mason

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    Similar Nearby for Lease

    • $6 SF/Yr
      12,200 SF

      Retail/Flex Space in Mason

      Shopping center with retail or flex industrial space available.
      556-558 N Cedar St, Mason, MI 48854
      View Details
    • $6 SF/Yr
      24,400 SF

      Mason Plaza Retail/Flex Space

      Prime Mason, MI retail & industrial space.
      558 Cedar St, Mason, MI 48854
      View Details
    • Contact for pricing
      180,900 SF

      Nuco Industrial: Prime Flex Space

      180,900 SF Flex Space, 34,800 SF Available
      454 North St, Mason, MI 48854
      View Details
    • $9 SF/Yr
      1,584 SF

      Spacious Warehouse in Mason, Michigan

      1,584 sq ft warehouse space ideal for storage and distribution.
      4171 Legion Dr, Mason, MI 48854
      View Details

    Property Visit Statistics

    • Visits by month
      7.4k
    • Visitors by month
      5.4k
    • Avg Time on site
      7 min
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    117 Cedar St, Unit 1
    Mason, MI 48854-1430
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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
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