Ground-Level Office Unit With
For Lease
$1,333/Mo
202 1st Street SE Unit 115, Mason City, IA 50401
Commercial Lease, Mason City, IA
Space Size1,333 SF
Days on Market14
Property Features for 202 1st Street SE Unit 115
General Information
Property type
Commercial Lease
Property subtype
Other
Accessibility
Accessible Approach with Ramp
Directions
Located in Petersen Plaza. Downtown Mason City
Standard status
Active
APN
For Lease Only
Taxes and HOA fees
Tax Year
2025
Tax Description
For Lease Only
Legal Description
For Lease Only
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
private in-suite bathroom
coffee station
high speed wireless communication service
on-site parking lot
approved signage
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: Aug 18
Changed: Aug 19
Last Checked: Aug 31 at 5:06AM
MLS# 6341718
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.
This ground-level office unit at Petersen Plaza combines 670 square feet of office space with an attached 660-square-foot finished and heated parking garage. The suite includes a private in-suite bathroom and coffee station, with additional public bathrooms serving the plaza. The building dates to 1925 and features brick construction, forced-air heating, central air, and ramp access.
Located at 202 1st Street SE Unit 115 in Mason City, the property offers an on-site parking lot and generous street parking. Approved signage is permitted, and high-speed wireless communication service is available. The gross lease includes gas, electric, water, garbage, and maintenance and cleaning of common areas; communications remain the tenant’s expense. Two communication provider options are available.
Located at 202 1st Street SE Unit 115 in Mason City, the property offers an on-site parking lot and generous street parking. Approved signage is permitted, and high-speed wireless communication service is available. The gross lease includes gas, electric, water, garbage, and maintenance and cleaning of common areas; communications remain the tenant’s expense. Two communication provider options are available.
Key Highlights
- 1,333‑square‑foot ground‑level office unit with 670 square feet of office space
- Attached 660‑square‑foot finished and heated parking garage
- Private in‑suite bathroom and coffee station
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 84% 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 - Office suite with an attached finished garage, private restroom, coffee station, and on-site parking.
Where is this office units located?
The property is located at 202 1st Street SE Unit 115 Mason City, IA.
What is the lease rate?
The lease rate is $1,333/Mo.
What are key features of this property?
This property features: 1,333‑square‑foot ground‑level office unit with 670 square feet of office space; Attached 660‑square‑foot finished and heated parking garage; Private in‑suite bathroom and coffee station
