124 W Maple Street, Mason, MI 48854

Property Description

WOW! What a great investment opportunity downtown Mason in the Historical District! Potential DDA Grant Money available for Esthetic and Structural improvements & Ingham County Housing Commission grant money to improve rental units. Buyer to do own research on what's available. New roof on front building 2022, rear building roof new 2023. Newer windows. Building total square footage is 4,204. First level of the building is a 1,452 sq ft retail space that is currently occupied with a month-to-month flower shop tenant, full basement for storage for retail unit. Back of the building is a 1,300 sq. ft warehouse with basement space, not under any lease. The second level of the building is 1,452 sq ft and holds 3 rental units. Unit A: Vacant, 1 bed 1 bath with potential rental rate of $700+. Unit B: Occupied Efficiency unit, 0 bed, 1 bath on one year lease through 4/26 at $550/mo, landlord pays utilities. Unit C: Vacant, 2 bed 1 bath with potential rental rate of $800+/mo. Seller willing to finish certain electrical upgrades with full price offer