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306 S Cedar Street
Mason MI 48854 US

$499,000

Active Listing ID 20261000931
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Lot: 0.47 Acres
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Other

$499,000

Active Listing ID 20261000931
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306 S Cedar Street Fully leased 2-unit retail strip center located in the heart of downtown Mason on high-visibility S. Cedar Street. This well-maintained 3, 700 SF commercial property features two established tenants—Every Day Tobacco and Ruff Cuts Pet Grooming—both with strong operating histories and a high likelihood of lease renewal. The property offers 110 feet of road frontage, excellent daily traffic counts (approx. 7, 480 vehicles per day), and convenient access to US-127 (Exit 66) just minutes away. Zoned C-2, the site sits on a 20, 530 SF lot with on-site parking and a walkable downtown location. Recent capital improvements include approximately $46, 000 in new HVAC systems installed in 2025, reducing near-term maintenance and capital expense exposure. With a $41, 520 NOI and an attractive 8.32% cap rate, this is a strong turnkey investment with stable cash flow and upside potential at lease renewal. Ideal for investors seeking reliable income in a growing, supply-constrained downtown market, or for an owner-occupant planning future use at lease rollover.

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Property Features

  • Facts
  • Lot Size: 0.47 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 499000
  • unparsedaddress: 306 S Cedar Street
  • postalcity: Mason
  • stateorprovince: MI
  • country: US
  • postalcode: 48854
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.47
  • lotsizeunits: Acres
  • lotsizearea: 0.47
  • livingarea: 3700
  • livingareaunits: Square Feet
  • listagentfullname: Audrey Schultz
  • listagentemail: audrey.schultz@exprealty.com
  • listagentkey: 3yd-REALCOMPMI-463146
  • listagentmlsid: 463146
  • listagentpreferredphone: 5177450008
  • listagentofficephone: 8885017085
  • listofficekey: 3yd-REALCOMPMI-375382
  • listofficemlsid: 375382
  • disclaimer: Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: REALCOMPMI
  • yearbuilt: 1973
  • listingcontractdate: 2026-01-06
  • listagenturl: https://modernfrontierswoman.com
  • countyorparish: Ingham
  • parcelnumber: 191008130007
  • elementaryschooldistrict: Mason
  • middleorjuniorschooldistrict: Mason
  • highschooldistrict: Mason
  • constructionmaterials: Block, Brick
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"audrey.schultz@exprealty.com", "ListBrokerageCity":"Royal Oak", "ListBrokerageCountry":"US", "ListBrokerageEmail":"edward.hudson@exprealty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/151/264087/20140423200110529.png", "ListBrokerageName":"eXp Realty", "ListBrokeragePhone":"(888) 501-7085", "ListBrokeragePostalCode":"48067", "ListBrokerageStateOrProvince":"MI", "ListBrokerageUnitNumber":"Suite 105b", "ListBrokerageUnparsedAddress":"811 N. Main St.", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"39555 Orchard Hill Place Ste 600", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"046884", "ListOfficeCity":"Novi", "ListOfficeCountry":"US", "ListOfficeEmail":"mi.broker@exprealty.net", "ListOfficePostalCode":"48375", "ListOfficeStateOrProvince":"MI", "ListPriceCurrencyType":"USD", "ListingTitle":"Real Estate Only - Mason, MI", "ListingURL":"https://listings.listhub.net/pages/REALCOMPMI/20261000931/?channel=rexren", "MLSModificationTimestamp":"2026-01-08T12:00:21Z", "Neighborhoods":[{"Description":null, "Name":"Mason"}], "PostalCode":null, "RawPropertySubType":"Real Estate Only", "RawPropertyType":"Commercial/Industrial", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":8643, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/8/2026 7:04:09 PM GMT
Source Updated Date: 1/12/2026 6:48:09 PM GMT

Courtesy of: Audrey Schultz, EXP Realty Main, audrey.schultz@exprealty.com

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.