306 s cedar, mason, MI 48854

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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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Audrey Schultz of EXP Realty Main

This listing last updated: Mon, February 23, 2026 at 9:55:40 AM EST

MIRealSource Listing Data Last Updated On Wednesday, April 1 2026 at 11:45pm