Downtown One-Room Office
For Lease
$14.52 SF/Yr
202 1st Street SE Unit 107, Mason City, IA 50401
COMMERCIAL - Other - Mason City, IA
Space Size186 SF
Days on Market39
Property Features for 202 1st Street SE Unit 107
General Information
Property type
Commercial Lease
Property subtype
Other
Directions
Located in Petersen Plaza Building downtown Mason City on the corner of 1st St SE and S. Pennsylvania Ave
Standard status
Active
APN
Lease
Taxes and HOA fees
Tax Description
For Lease Only
Legal Description
For Lease Only
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
on-site parking
street parking
ADA accessible
high-speed wireless
signage allowed
Building Details
Year built
1925
Number of units
1
Building materials
Brick
Architectural style
Other
Listing Agency:
Century 21 Preferred
(641) 424-9400
Listed By:
Roger Flieth · License #107
(641) 420-5635
Added: Jul 23
Changed: Aug 4
Last Checked: Aug 30 at 12:06AM
MLS# 6340738
Copyright © 2026 NoCoast MLS. 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.
Unit 107 at Petersen Plaza offers a one-room office suite on the main level. The space was recently freshened and includes a vinyl floor, one exterior window, and a coat closet. The building and suite are fully ADA accessible, with both street-side access and access through the Plaza.
Located at 202 1st Street SE in downtown Mason City, the property provides convenient on-site parking plus generous street parking. The landlord allows approved signage.
The suite is offered under a gross lease structure, with gas, electric, water, garbage, and maintenance/cleaning of common areas included. Communications are tenant expense, with two options available: MediaCom or CLTEL.
Located at 202 1st Street SE in downtown Mason City, the property provides convenient on-site parking plus generous street parking. The landlord allows approved signage.
The suite is offered under a gross lease structure, with gas, electric, water, garbage, and maintenance/cleaning of common areas included. Communications are tenant expense, with two options available: MediaCom or CLTEL.
Key Highlights
- One‑room office suite (Suite 107) on the main level, 186 SF, with fresh paint and a vinyl floor.
- ADA accessible building and suite, with both street‑side access and access through Petersen Plaza.
- Includes one exterior window and a coat closet.
Property Analytics
Property Profile
Current Use
Lease Details
Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
1,029
Businesses Nearby
Explore this area
Business Placement
Demographics for 50401, IA
28,981
Population
14,746
Households
2
Avg Household Size
43
Median Age
22%
College-Educated
94%
High-School Grad
148.2 sq mi
ZIP Area
196
Density / Sq Mi
$63,807
Median Household Income
$38,929
Median Earnings
$868
Median Rent
$134,100
Median Home Value
Market
Lease Benchmarks for Mason City, IA
$75.34 /SF/Yr
Avg Asking Price
$7.86–$225 /SF/Yr
Price Range
11,781 SF
Avg Space Size
This space is priced 81% below the average of $75.34 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Recently freshened one-room office suite on the main level with an exterior window and coat closet.
Where is this office units located?
The property is located at 202 1st Street SE Unit 107 Mason City, IA.
What is the lease rate?
The lease rate is $225 SF/Yr.
What are key features of this property?
This property features: One‑room office suite (Suite 107) on the main level, 186 SF, with fresh paint and a vinyl floor.; ADA accessible building and suite, with both street‑side access and access through Petersen Plaza.; Includes one exterior window and a coat closet.
