558 Cedar StMason, MI 48854

Property Details for 558 Cedar St

Year built

1973

Lot size

14.27 AC

Property size (Sq ft)

71,901 SF

Zone code

C2

Property type

Strip malls

Property subtype

Neighborhood centers

APN

33-19-10-05-401-004

APU

33191005401004

Description

This Mason, Michigan property, located at 558 N Cedar, zip code 48854, offers exceptional retail and flex industrial space within the well-established Mason Plaza shopping center. Ingham County's prime location provides excellent visibility and accessibility. Multiple suites are available, ranging from a minimum of 5,800 square feet to a maximum contiguous space of 12,200 square feet. The building features generous parking for customer and employee convenience, along with highly visible pylon signage for enhanced brand recognition. Potential for outside storage is also available, adding to the property's versatility. Units boast 11'8" ceiling clearance, providing ample vertical space for various uses. Each space includes at least one 10' grade-level door and one 8' grade-level door, ideal for loading and unloading goods. This combination of retail showroom space and warehouse capabilities makes it an excellent opportunity for contractors or businesses requiring both functions. The property is categorized as both retail and industrial, with a warehouse subtype, and is suitable for multiple tenants. This is a rare opportunity to secure a versatile and well-located space in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $18,093,618

  6.5%

  $16,701,802

  7%

  $15,508,816

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,948,562

  Geo Method

  $16,948,562

• Alternative Use

  Use

  Valuation

  Residential

  $14,088,595

  Hospitality

  $12,905,077

  Educational

  $10,736,873

  Medical

  $11,106,130

  Retail

  $16,701,802

Location Insight

City

Mason

County

Ingham

State

Michigan

Latitude

42.5876

Longitude

-84.4522

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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