Catylist ID:
#30793862
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: | 5/24/2022 |
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 |
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 |
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