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Property profile & analytics

118 Oak St Mason, MI 48854-1667

  • Office buildings
  • 12,212 SF
  • 0.40 lot acres
OFF-MARKET
Value Estimation
$325,000
Last Sale
Dec 29, 2022
$320,000
Location Intelligence
Property ID
US43-1851179
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

  • Progress Fitness / Personal Trainer
  • Reach Therapy Services of Michigan LLC / Speech Pathologist
  • curious minds counseling / Mental Health Service
  • Mason Food Bank / Food Bank
  • Uplift & Inspire LLC / Mental Health Service

Property Details for 118 Oak St

Year built
1956
Lot size
0.40 lot acres
Property size
12,212 SF
Zone code
C1
Property type
Office buildings
APN
33-19-10-08-240-019
APU
33191008240019

Description

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.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $325,000
  • CAP approach

    CAP return
    Estimation
    6%
    $320,000
    6.5%
    $335,000
    7%
    $315,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $310,000
    Geo Method
    $290,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $380,000
    Retail
    $345,000
    Mixed-Use
    $305,000
    Hospitality
    $360,000
    Educational
    $365,000
    Residential Income
    $375,000
    Energy
    $345,000
    Income-Based Land
    $385,000
    Food Service
    $315,000

Location Insight

  • Map
  • Local Demand
City
Mason
County
Ingham
State
Michigan
Longitude
-84.444
Latitude
42.5785
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
2021
$10,058
$29,620
$161,320
$190,940
-
$59,240
$322,640
$381,880
More about this property
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