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Mason City, IA Banks for Sale

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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)
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Based on your search, we've compiled 23 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Downtown Office Building with Drive-Thru
Downtown Office Building with Drive-Thru

320 3rd Street SE, Cedar Rapids, IA 52401

Contact for pricing
19,200 sqft 0.46 AC lot

Turnkey furnished office building with a drive-up window, vault amenities, and on-site parking options in downtown Cedar Rapids.

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Office Building with Lower-Level Offices
Office Building with Lower-Level Offices

3731 Kimball, Waterloo, IA 50702

Contact for pricing
3,887 sqft

Former chiropractic and bank office offers finished lower-level office space in a high-traffic corner location.

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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.

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Downtown Bank Complex with Parking
Downtown Bank Complex with Parking

222 2nd Ave Se, Cedar Rapids, IA 52401

$10,700,000
186,355 sqft

Historic 1925 bank building with surface lot and large parking garage for downtown redevelopment.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Dev-Ready Commercial Corner Land
Dev-Ready Commercial Corner Land

-- Highway 412, E Kenwood, Siloam Springs, AR 72761

$735,000
8,252 sqft 1.47 AC lot

Dev-ready corner parcel with city-approved engineered plans and frontage along Hwy 412, including multiple ingress and egress points.

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Richmond, KY Out Parcel Land
Richmond, KY Out Parcel Land

2072 Merchant Drive, Richmond, KY 40475

$1,400,000
1.71 AC lot

1.71 acre outparcel ideal for retail, restaurant, or office.

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Commercial Land in Terrytown
Commercial Land in Terrytown

121 Holmes Boulevard, Terrytown, LA 70056

$65,000

Vacant commercial land ready for development in Terrytown, Louisiana.

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Cape Coral Commercial Land Opportunity
Cape Coral Commercial Land Opportunity

Del Prado Blvd N & De Navarra Pkwy, Cape Coral, FL 33909

$1,692,300
2.59 AC lot

Corner property near US 41, approved for development.

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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

Value Estimation by Request
1,353 sqft 0.36 AC lot
View details
10 Washington Ave
FINANCIAL BUILDING

10 Washington Ave, Mason City, IA 50401-3252

$2,700,000
Estimated value
39,650 sqft 1.18 AC lot
View details
451 Illinois Ave
FINANCIAL BUILDING

451 Illinois Ave, Mason City, IA 50401-4439

Value Estimation by Request
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

Value Estimation by Request
1,638 sqft 0.59 AC lot
View details
1 Delaware Ave
FINANCIAL BUILDING

1 Delaware Ave, Mason City, IA 50401

Value Estimation by Request
5,340 sqft 0.72 AC lot
View details
2501 4th SW St
FINANCIAL BUILDING

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

Value Estimation by Request
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

Value Estimation by Request
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

Value Estimation by Request
2,246 sqft 0.35 AC lot
View details
1602 Monroe Ave
FINANCIAL BUILDING

1602 Monroe Ave, Mason City, IA 50401-5680

Value Estimation by Request
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, with an estimated market value of $0.00.

Sale prices for bank buildings in Mason City, IA start at $0.00, averaging $0.00, and reaching up to $0.00 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 16
Auto shops 3
Automotive properties 3
Shopping centers 3
Showrooms 2

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Cerro Gordo County

Office

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