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    202 1St St SE Mason City, IA 50401

    For Sale
    Contact for pricing

    OFFICE/PROFESSIONAL, 2 Story - MASON CITY, IA

    Property size:
    1,291 SF
    Days on Market:
    17
    Last Refresh:
    Dec 7 at 5:06 pm

    Property Features for 202 1St St SE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Z5 - Central Business District
    APN
    071015300300
    Interior features
    Handicap Accessible
    Accessibility
    Accessible Approach with Ramp
    Size
    1,291 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1925
    Floors in Building
    2
    Flooring type
    Carpet, Tile
    Building materials
    Brick, Brick Veneer
    Architectural style
    Other

    CENTURY 21 Preferred (641) 424-9400 [email protected]

    Listing agent ROGER FLIETH (641) 424-9400 License #B43478

    Listing date Nov 21, 2025

    MLS# 250849 Listing URL

    Copyright © 2025 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

    Prime Downtown Mason City Office

    Located in the heart of downtown Mason City, this prime office space within Petersen Plaza offers a professional environment. Suite 112, a 1261 square foot office suite, is situated on the main level and features a private entrance on S. Pennsylvania Ave, providing excellent drive-by visibility. An additional entrance inside the suite connects to the Plaza. The suite comprises a reception area, five private offices with closable doors, an open area suitable for additional desks or filing, and a storage room. The building and suite are fully ADA accessible. The suite is fully finished and ready for immediate occupancy. On-site parking is available, complemented by ample street parking. Signage is permitted with landlord approval. High-speed wireless communication service is available, with three communication provider options. The location is suitable for office or professional use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Excel Business Solutions ... Copier Repair Service Access Systems Office Equipment Supplier Beltone Hearing Centers Hearing Aid Store Sawyer Agency Insurance Agency Legal Aid-Iowa Attorney

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mason City
    County
    Cerro Gordo
    State
    Iowa
    Longitude
    -93.197424
    Latitude
    43.151154

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    FAQs

    What type of property is this?
    Office space - First-class office space in the heart of downtown Mason City.
    Where is this office space located?
    The property is located at 202 1St St SE Mason City, IA.
    What is the asking price?
    The asking price for this property is $1,500.
    What are key features of this property?
    This property features: - Prime downtown location with high drive-by visibility and private street entrance.; - Fully finished, ADA accessible **8-room office suite (1261 sq ft) ready for immediate occupancy.**; - Gross lease includes gas, electric, water, garbage, and common area maintenance/cleaning.
    (641) 424-9400
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    202 1St St SE Mason City, IA 50401
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    Mason City, IA 50401
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    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
    202 1St St SE Mason City, IA 50401
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