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Main-Level Office Suite
For Lease
$1,500/Mo

202 1st SE #112, Mason City, IA 50401

SINGLE_FAMILY - MASON CITY, IA

Space SizeContact for details
Property Size1,261 SF
Days on Market282

Property Features for 202 1st SE #112

General Information

Property type Residential
Property subtype Office
Zoning Z5 - Central Business Dis
Directions Petersen Plaza. Downtown Mason City
Subdivision Southeast
Standard status Active
Size 1,291 SF

Taxes and HOA fees

Tax Year 2024
Tax Description Lease Only
Legal Description Lease Only

Utilities

Cooling system Central Air

Amenities

High Speed wireless communication service
fully ADA accessible

Building Details

Year built 1925
Floors in Building 2
Building materials Brick Veneer
Architectural style Other
Listing Agency: CENTURY 21 PREFERRED · Century 21 Real Estate
Listed By: ROGER FLIETH · License #107
Added: Nov 21, 2025 Changed: Aug 13 Last Checked: Aug 30 at 12:06AM
MLS# 250849

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.

Suite 112 occupies the main level of Petersen Plaza and offers a finished office layout with a reception area, five private offices, an open work area, and a storage room. The suite includes a private exterior entrance along with an additional connection into the plaza, while multiple building access points support convenient circulation. Central air serves the space, and the building was constructed in 1925 with brick veneer construction.

The property is located in downtown Mason City and includes an on-site parking lot as well as street parking. Approved signage is available, and high-speed wireless communication service can be accessed through two provider options. The building and suite are fully ADA accessible, supporting a professional office setting with practical client and staff access.

Key Highlights

  • Main‑level Suite 112 with 5 private offices, reception area, open work area, and storage room
  • Fully ADA‑accessible building and office suite
  • Private exterior entry plus interior access to Petersen Plaza

Property Analytics

Current Use

Excel Business Solutions ... Computer & Electronic Repair Access Systems Big Box & Wholesale Store Beltone Hearing Centers Hearing Aid Store Sawyer Agency Insurance Agency Legal Aid-Iowa Law Firm

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Building Supply Big Box & Wholesale Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
Single-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.09 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,029
Businesses Nearby

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Finished ADA-accessible office suite with private rooms, reception space, storage, and multiple entry points.
Where is this office units located?
The property is located at 202 1st SE #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: Main‑level Suite 112 with 5 private offices, reception area, open work area, and storage room; Fully ADA‑accessible building and office suite; Private exterior entry plus interior access to Petersen Plaza
More about this property
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