Flexible Retail / Warehouse in Mason For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30793862
Property Subtypes: Convenience Store, Free-Standing Building
Building Size (RSF): 4,600 SF
Gross Land Area: 0.77 Acres
Sale Price: $538,000
Unit Price: $116.96 PSF
Ceiling: 12 ft.
Property Use Type: Investment, Vacant/Owner-User
Building Name: Canvas Backs
Usable Size (USF): 4,600 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/7/2022

Overview / Comments

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.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Taxing Authority: City of Mason Ingham County
Tax ID/APN: 33-19-10-05-328-004
Zoning: C-2 CITY OF MASON
Highway Access: US 127
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,600 SF
Property Condition: Good
Roof Type: Gable
Parking Description: Surface spaces
Sprinklers: None
Heat Source: Central

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 743 17,118 42,998
Median Age: 31.83 37.93 38.63
Households: 297 6,729 17,522

Contact

Photograph of Listing Agent

Matthew Wisniewski, CCIM

RE/MAX COMMERCIAL GROUP CPIX Member
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