Office Suite with Private
For Lease
$1,500/Mo
202 1st Street SE Unit 112, Mason City, IA 50401
COMMERCIAL - Other - Mason City, IA
Space Size1,261 SF
Days on Market282
Property Features for 202 1st Street SE Unit 112
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
Business/Commercial
Parking features
Assigned
Accessibility
Accessible Approach with Ramp
Directions
Corner of S Pennsylvania Ave and 1st St SE
Standard status
Active
APN
071015300300
Taxes and HOA fees
Tax Year
2024
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
high-speed wireless
approved signage
ADA accessible
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: Nov 21, 2025
Changed: Aug 4
Last Checked: Aug 30 at 12:06AM
MLS# 6333911
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.
Suite 112 provides 1,261 square feet of finished office space on the main level of Petersen Plaza. The eight-room layout includes a reception area, five private offices with closable doors, an open work area, and a storage room. A private entrance opens from S. Pennsylvania Ave., while a second entrance connects directly to the plaza. The suite and building are fully ADA accessible, with an accessible approach and ramp.
The property is located at 202 1st Street SE in downtown Mason City. On-site assigned parking is available, supplemented by street parking. The 1925 building features brick construction, forced-air heating, central air, and public water service. Approved signage is permitted, and high-speed wireless communication service is available. Gas, electric, water, garbage, and common-area maintenance and cleaning are included in the gross lease; communications are the tenant’s responsibility.
The property is located at 202 1st Street SE in downtown Mason City. On-site assigned parking is available, supplemented by street parking. The 1925 building features brick construction, forced-air heating, central air, and public water service. Approved signage is permitted, and high-speed wireless communication service is available. Gas, electric, water, garbage, and common-area maintenance and cleaning are included in the gross lease; communications are the tenant’s responsibility.
Key Highlights
- 1,261‑square‑foot Suite 112 with an eight‑room office layout
- Five private offices, reception area, open work area, and storage room
- Private entrance from S. Pennsylvania Ave. plus a second plaza entrance
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 - Finished, ADA-accessible office suite with reception, enclosed offices, storage, and separate entrances within a professional plaza setting.
Where is this office units located?
The property is located at 202 1st Street SE Unit 112 Mason City, IA.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: 1,261‑square‑foot Suite 112 with an eight‑room office layout; Five private offices, reception area, open work area, and storage room; Private entrance from S. Pennsylvania Ave. plus a second plaza entrance
