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    Historic Mason City Building For Sale

    122-124 N Federal Mason City, IA 50401

    122-124 N Federal, Mason City, IA, 50401
    $800,000
    For Sale
    Claim this Listing
    $800,000

    SINGLE_FAMILY - MASON CITY, IA

    Property Size16,665 SF
    Price / SF$48
    AddedFeb 16
    Days on Market149
    Last RefreshJul 15 at 6:06 pm

    Property Features for 122-124 N Federal

    General Information

    Property type
    Residential
    Property subtype
    Office
    Zoning
    Z3 - General Urban Distri
    Standard status
    Active
    Size
    16,665 SF

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    Lots 1-2 & N 44' L 4 SUB L1 Blk 10 Paul Felts Plat
    Tax Annual Amount
    5422

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1912
    Floors in Building
    3
    Building materials
    Brick Veneer
    Architectural style
    Historical, Other

    Listing agent ROGER FLIETH License #B43478

    Listing office CENTURY 21 PREFERRED 2800 4th SW SUITE #3, Mason City, IA

    Listing date Feb 16, 2026

    MLS# 260199

    Copyright © 2026 Greater Mason City Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Investment Insights

    Based on property information with market context.

    Located in historic downtown Mason City, this brick three-story building offers 16,665 square feet of leasable space. Situated on the corner of North Federal and 2nd Street NW, the property has undergone significant upgrades, positioning it well for future use. The building features new windows and exterior entrance doors throughout, along with a new membrane roof. A complete array of rooftop solar units and a solar power system have been installed. Stairwells and fire escape renovations have also been completed. Leasing options include two main level office suites: Unit 122 with 1450 square feet and Unit 124 with 2317 square feet. The second floor provides an executive-sized 3487-square-foot, six-office suite. The third floor, formerly the Historic Elks Club Ballroom, offers 3820 square feet, plus a 1363-square-foot mezzanine, totaling 5183 square feet. The property is located in an area zoned for general urban distribution (Z3).

    Key Highlights

    • Substantial leasable space: 16,665 sq ft across multiple floors and suites.
    • Recent major upgrades: Includes new windows, exterior doors, membrane roof, stairwells/fire escape renovations.
    • Rooftop solar units and solar power system: Providing energy efficiency and potential cost savings.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Real Estate Agency Dental Office Grocery & Convenience Store Skin Care Clinic Bakery Barber Shop Pharmacy (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Office building - Historic downtown building with leasable space and recent upgrades.
    Where is this office building located?
    The property is located at 122-124 N Federal Mason City, IA.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: Substantial leasable space: 16,665 sq ft across multiple floors and suites.; Recent major upgrades: Includes new windows, exterior doors, membrane roof, stairwells/fire escape renovations.; Rooftop solar units and solar power system: Providing energy efficiency and potential cost savings.
    Contact an agent
    (641) 420-5635
    We can help!
    Contact an agent
    ROGER FLIETH
    ROGER FLIETH
    Real Estate License ID: B43478
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