515 N Cedar St $538,000

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    515 N Cedar St Mason, MI 48854

    • 4,600 sq. ft.
    • Commercial Sale
    • MLS# 30793862
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    Views: 63 Days On Site: 105

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    Property Details

    This highly visible location on Cedar Street in Mason is a two unit building with a leased retail space in the front and office warehouse in the back. The front leased space is 2,250 and the available rear space is 2,350 Sq Ft. This could be the perfect scenario for an owner-occupied space with use of more than 50% of the building potentially qualifying for SBA terms. The rear space has a reception counter, office and shop space with a 12' overhead door, accessed by the rear of the building. Average daily traffic counts on Cedar are 14,500 The site has excellent access to the entire Lansing area via US 127, which is just to the North. A lighted sign is located at the street and has panels for both businesses. Please do not approach tenants.

    • General Features
      • Gross Building Size 4600
      • Rental Space Available 4600
      • Property subtypes Convenience Store,Free-Standing Building
      • Sale terms Cash to Seller
      • Use types Investment
      • zoning C-2 CITY OF MASON
    • Building Features
      • building name Canvas Backs
      • Building status Existing
      • building stories 1
      • Heat sources Central
      • Roof type Gable
      • total buildings 1
    • Property Features
      • highway access US 127
      • land size max 0.77
      • land size min 0.77
      • land size unit ACRE

    Contact

    Matthew Wisniewski

    Matthew Wisniewski

    Commercial Advisor / Managing Broker

    RE/MAX Commercial Group

    Direct: 517-321-2800 x118

    Neighborhood

    48854 (Mason) Demographics

    40 Median Age
    177 Population Density (per sq. mile)
    46% College Educated
    $73,591 Estimated Median Income
    5,872 Estimated Total Home Owners
    1,379 Estimated Total Renters
    81% / 19% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    19,739 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $217,500 Median Sales Price
    18 Homes Sold
    36 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $538,000
        3/17/2022 4:31:00 PM New in Database Source: Multiple Listing Service New Value: $538,000

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        The data relating to real estate for sale on this website is provided in part by the Catalyst Commercial MLS. Information deemed reliable but not guaranteed. The property information provided on this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2022 All rights reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.