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    Former Bank with Drive-Thru
    Updated: Apr 12
    Former Bank with Drive-Thru

    555 S Illinois Ave, Mason City, IA 50401

    Contact for pricing
    1,353 sqft 0.36 AC lot
    1,353 SF brick building with existing drive‑thru and monument signage
    Located on 0.36 acres at the main entrance of a Hy‑Vee‑anchored shopping center
    Durable concrete parking lot with 10 current parking spaces and multiple access points
    Highly visible site with more than 16,000 vehicles per day
    Across from Mason City High School, Jefferson Elementary School, and NIA Community College (over 4,325 students)
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 1 Active listings in Mason City, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 14 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Class A Office Building with Drive-Through
    Class A Office Building with Drive-Through

    550 W Burnsville Pkwy, Burnsville, MN 55337

    $5,750,000
    20,217 sqft

    Class A two-story office building with a banking drive-through and Transit-Oriented Development zoning on Burnsville Pkwy.

    View details
    Two-Story Office Building
    Two-Story Office Building

    550 W Burnsville Parkway, Burnsville, MN 55337

    $5,750,000
    1.13 AC lot

    Four-tenant office property with TOD zoning, a bank drive-through, and on-site parking.

    View details
    Former Bank Drive-Through Space
    Former Bank Drive-Through Space

    57 E Tower Park Drive, Waterloo, IA 50701

    Contact for pricing
    2,295 sqft

    Former bank branch with three private offices, lobby, and a large canopy-supported drive-through setup.

    View details
    Retail Banking Building with Drive-Thru
    Retail Banking Building with Drive-Thru

    2532 Crossroads Boulevard, Waterloo, IA 50702

    Contact for pricing
    6,714 sqft 2.50 AC lot

    Standalone retail banking building includes a drive-thru canopy and large paved outdoor area for flexible retail use.

    View details

    Off-Market Properties in Mason City, IA

    Consider similar Off-Market properties in Mason City, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    555 Illinois Ave
    FINANCIAL BUILDING

    555 Illinois Ave, Mason City, IA 50401-4441

    $235,000
    Estimated value
    1,353 sqft 0.36 AC lot
    View details
    10 Washington Ave
    FINANCIAL BUILDING

    10 Washington Ave, Mason City, IA 50401-3252

    $2,525,000
    Estimated value
    39,650 sqft 1.18 AC lot
    View details
    451 Illinois Ave
    FINANCIAL BUILDING

    451 Illinois Ave, Mason City, IA 50401-4439

    $255,000
    Estimated value
    2,372 sqft 0.64 AC lot
    View details
    2650 4th SW St
    FINANCIAL BUILDING

    2650 4th SW St, Mason City, IA 50401-4651

    $640,000
    Estimated value
    7,893 sqft 1.17 AC lot
    View details
    3124 4th SW St
    FINANCIAL BUILDING

    3124 4th SW St, Mason City, IA 50401-1522

    $255,000
    Estimated value
    1,638 sqft 0.59 AC lot
    View details
    1 Delaware Ave
    FINANCIAL BUILDING

    1 Delaware Ave, Mason City, IA 50401

    $485,000
    Estimated value
    5,340 sqft 0.72 AC lot
    View details
    2501 4th SW St
    FINANCIAL BUILDING

    2501 4th SW St, Mason City, IA 50401-4612

    $410,000
    Estimated value
    3,068 sqft 1.89 AC lot
    View details
    640 Federal Ave
    FINANCIAL BUILDING

    640 Federal Ave, Mason City, IA 50401-5059

    $505,000
    Estimated value
    5,167 sqft 1.34 AC lot
    View details
    425 Tiffany Dr
    FINANCIAL BUILDING

    425 Tiffany Dr, Mason City, IA 50401-1535

    $600,000
    Estimated value
    6,826 sqft 1.01 AC lot
    View details
    124 Washington Ave
    FINANCIAL BUILDING

    124 Washington Ave, Mason City, IA 50401-3218

    $275,000
    Estimated value
    3,977 sqft 0.33 AC lot
    View details
    25 State St
    FINANCIAL BUILDING

    25 State St, Mason City, IA 50401-3219

    $950,000
    Estimated value
    21,764 sqft 0.95 AC lot
    View details
    33 State St
    FINANCIAL BUILDING

    33 State St, Mason City, IA 50401-3333

    $280,000
    Estimated value
    2,246 sqft 0.35 AC lot
    View details
    1602 Monroe Ave
    FINANCIAL BUILDING

    1602 Monroe Ave, Mason City, IA 50401-5680

    $430,000
    Estimated value
    5,409 sqft 1.52 AC lot
    View details
    2601 4th SW St
    FINANCIAL BUILDING

    2601 4th SW St, Mason City, IA 50401-4650

    $1,645,000
    Estimated value
    40,619 sqft 5.05 AC lot
    View details

    Mason City, IA Banks Market Trends and Statistics

    Explore 15 banks for sale in Mason City, IA on our real estate platform. These investment opportunities span a total of 1,353 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 24
    Auto shops 5
    Automotive properties 5
    Shopping centers 5
    Banks 1

    Demographics Overview

    Population 29K
    Population Growth (5Y) -0.7%
    Median Household Income $63,807
    College Educated 14.7%

    Taxes & Financing

    Tax Rate (average for all types) 2.38%
    Property Tax per SF $31.10 per SF
    Tax Rate vs County Average 0.21 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cerro Gordo County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Featured Mason City Real Estate Agencies

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    Hildebrand Real Estate
    506 4th SW Mason City, IA 50401
    Phone: 16415124816
    www.hildebrandrealestate.com

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