Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    17 S Federal Ave Mason City, IA 50401

    Sponsored
    For Sale
    $730,000

    COMMERCIAL, 2 Story - MASON CITY, IA

    Property size:
    2,090 SF
    Days on Market:
    333
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 17 S Federal Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    OTHER
    APN
    071015100900
    Size
    2,090 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Floors in Building
    2
    Building materials
    Block, Brick, Brick Veneer
    Architectural style
    Other

    Hildebrand Real Estate (641) 512-4816 [email protected]

    Listing agent TIMOTHY LATHAM (641) 423-5055 License #S44162

    Listing date Feb 7, 2025

    MLS# 240776 Listing URL

    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.

    Overview

    Mixed-Use Plaza Investment Opportunity

    This offering comprises a package of six parcels, presenting a mixed-use investment opportunity with excellent visibility. The properties are located in a plaza that includes the Frank Lloyd Wright Hotel, dining establishments, entertainment venues, and various small businesses. The storefronts, some with apartments above, front the plaza, while two additional stores with long-term tenants open to the mall entrance. The properties offer the potential to start a new business, lease spaces to others, and explore Mason City programs that may assist with renovation costs. Historically, the storefronts housed the Bergo family Mercantile stores. The properties at 9 S Federal, 11 S Federal, and 10 1st SE have new roofs. The total property size is 2090 square feet. The intended use of the property is commercial. The properties are being sold as a package and include MLS #s 240773, 240774, 240775, 240776, and 240777.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Diamond Store Jewelry Store Fat Hill Brewing Brewery Players Hub Game Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Southbridge Mall, Happy Go Lucky Rentals, Coin Cloud Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Mason City
    County
    Cerro Gordo
    State
    Iowa
    Longitude
    -93.200645
    Latitude
    43.151237

    Nearby Similar for Sale

    • New
      $639,000
      4,440 SF

      Spacious Home on Acreage

      Four-bedroom home on 2.25 acres near Mason City.
      21748 A Owl Ave, Mason City, IA 50401
      View Details
    • $875,000
      3,833 SF

      Equestrian Property with Indoor Arena

      Rare equestrian estate with indoor arena, stalls, and ranch home.
      3511 19Th St SW, Mason City, IA 50401
      View Details
    • $575,000

      Versatile Commercial Property on 18+ Acres

      Multi-parcel property with outbuildings, storage, and highway access.
      20966 Monroe St, Mason City, IA 50401
      View Details
    • $450,000
      6,634 SF

      Mason City Office Building For Sale

      Spacious office building near Mercy Hospital with subdivision potential.
      1408 6Th St SW, Mason City, IA 50401
      View Details
    • $425,000
      2.17 Acres

      Mason City Commercial Opportunity

      Commercial property with over 8,500 SF on 2.17 acres.
      708-712 S Jefferson Ave, Mason City, IA 50401
      View Details
    • $425,000
      8,520 SF

      Spacious Industrial Property on Jefferson

      8,500 SF commercial property on 2.17 acres in Mason City.
      708 S Jefferson Ave, Mason City, IA 50401
      View Details
    • $439,000
      5,751 SF

      Mason City Commercial Building For Sale

      Former equipment dealership on 1.27 acres in high-traffic location.
      4499 4Th St SW, Mason City, IA 50401
      View Details
    • $469,500
      3,894 SF

      Rare Barndominium Opportunity on Acreage

      Spacious barndominium on 6.37 acres ready to finish your way!
      1368 12Th St NE, Mason City, IA 50401
      View Details
    • $1,300,000
      5,858 SF

      Remodeled Restaurant Building For Sale

      Fully remodeled and leased restaurant building in prime location.
      2960 4 Ave SW, Mason City, IA 50401
      View Details
    • Contact for pricing
      1,291 SF

      Prime Downtown Mason City Office

      First-class office space in the heart of downtown Mason City.
      202 1St St SE, Mason City, IA 50401
      View Details
    • $665,000
      5,096 SF

      New Warehouse on 2.5 Acres

      Move-in ready warehouse with modern amenities on a spacious lot.
      3415 9Th St SW, Mason City, IA 50401
      View Details
    • $374,000
      3,055 SF

      Unique Energy-Efficient Office Building

      Upscale office building with unique, energy-efficient features for sale.
      524 Village Green Dr, Mason City, IA 50401
      View Details

    FAQs

    What type of property is this?
    Shopping center - Six parcels with retail, apartments, and business potential.
    Where is this shopping center located?
    The property is located at 17 S Federal Ave Mason City, IA.
    What is the asking price?
    The asking price for this property is $730,000.
    What are key features of this property?
    This property features: - Package deal: Includes 6 parcels.; - Prime location with excellent visibility on the plaza.; - Home to the only Frank Lloyd Wright Hotel in the World.
    (641) 425-0363
    Request Owner's contact information
    17 S Federal Ave Mason City, IA 50401
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    17 S Federal Ave
    Mason City, IA 50401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    17 S Federal Ave Mason City, IA 50401
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.