700 Cedar StMason, MI 48854

Property Details for 700 Cedar St

Year built

1990

Lot size

0.84 AC

Property size (Sq ft)

2,835 SF

Zone code

C2

Property type

Office buildings

APN

33-19-10-05-152-017

APU

33191005152017

Description

This exceptional 1,400 square foot office space is ideally situated in Mason, Michigan, offering immediate access to US-127 via Exit 36. The property boasts a prime location within a thriving commercial corridor, nestled between established businesses such as McDonald's, Big Boy, and county buildings. Nearby retailers include LAFCU, Taco Bell, Biggby, A&W, Advanced Auto Parts, Arby's, and Family Farm & Home, ensuring high traffic and visibility. The space itself is move-in ready, featuring a current build-out that includes a reception area, three private offices, a large open area, a file room, kitchenette, and restrooms. However, the layout is adaptable to suit individual tenant needs. The property offers easy ingress and egress, high-visibility signage opportunities, and ample paved parking directly in front. Zoned C2-Commercial, this single-suite building within a two-tenant building provides 1,400 contiguous square feet, making it perfect for a variety of businesses. Its proximity to US-127, downtown Mason, and the Ingham County Courthouse further enhances its appeal. This is a rare opportunity to secure a well-located, functional office space in a high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $485,318

  6.5%

  $447,986

  7%

  $415,987

• Comparable approach

  Method

  Valuation

  Relative Method

  $265,186

  Geo Method

  $265,186

• Alternative Use

  Use

  Valuation

  Residential

  $555,502

  Hospitality

  $508,837

  Educational

  $423,346

  Medical

  $437,906

  Retail

  $658,539

Location Insight

City

Mason

County

Ingham

State

Michigan

Latitude

42.5902

Longitude

-84.4582

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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