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Property profile & analytics
OFF-MARKET
Office buildings

118 Oak St Mason, MI 48854-1667

12,212 SF 0.4 ac lot Built 1956
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US43-1851179
Property summary
AI-generated overview

This exceptional 700-square-foot office space is ideally situated in the heart of downtown Mason, Michigan, at 118 W Oak St, just west of Jefferson St. The property, a two-story Class C building constructed in 1956, offers a versatile workspace suitable for various business needs. The building's total area encompasses 12,212 square feet, spread across a 0.4-acre lot. This listing specifically features a vacant 700 square foot space within a larger building with multiple tenants. The building's classification as a "Traditional Office, Executive Office, Coworking, and Creative Office" space highlights its adaptability to diverse business models. Ample parking is available for tenants and clients. The property's location in Ingham County, with easy access to major thoroughfares, provides excellent visibility and convenient access for employees and customers. The address is 118 W Oak St, Mason, MI 48854. This is a unique opportunity to secure a well-located office space in a thriving downtown area. The building's age and classification reflect its character and potential for renovation or customization to meet specific business requirements. The immediate availability of this 700 square foot space makes it an attractive option for businesses seeking quick occupancy.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1956
Total area 12,212 SF
Lot 0.4 ac (17,424 SF)
Zoning code C1
APN 33-19-10-08-240-019
UPID US43-1851179
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Progress Fitness Gym & Fitness Center
  • Reach Therapy Services of Michigan LLC Physician
  • curious minds counseling Crisis Center Medical Clinic
  • Mason Food Bank Food Bank Charitable Organization
  • Uplift & Inspire LLC Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Lpf Holdings Of Michigan LLC · 3 yrs held
Lpf Holdings Of Michigan LLC
since 2022
Last sale
$320,000
3 recorded transactions
2022
$320,000
2020
Price N/A
2013
$216,000
Zoning & alternative use
C1 · Mason, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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