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    202 1St St, Unit 151 Mason City, IA 50401

    Sponsored
    For Lease
    $1,000 /Mo

    COMMERCIAL - Other - Mason City, IA

    Days on Market:
    53
    Last Refresh:
    Jan 6 at 4:06 pm

    Property Features for 202 1St St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    071015300300
    Parking features
    Assigned
    Accessibility
    Accessible Approach with Ramp

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1925
    Number of units
    1
    Building materials
    Brick
    Architectural style
    Other

    Century 21 Preferred (641) 424-9400

    Listing agent Roger Flieth (641) 424-9400

    Listing date Nov 15, 2025

    Copyright © 2025 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.

    Overview

    Prime Downtown Mason City Office

    Located in the heart of downtown Mason City, Petersen Plaza offers prime office space. Unit 151 is a 969 square foot, three-room office suite situated on the main level. The unit is fully finished and ready for occupancy. It is positioned adjacent to the on-site parking lot and features multiple access entrances through the Plaza. The suite includes a large reception area suitable for multiple desks and waiting chairs, two large private offices with closable doors, and a spacious open area for additional desk or filing space. The building and suite are fully ADA accessible. Convenient on-site parking is available, along with generous street parking. The landlord allows approved signage. High-speed wireless communication service is available. The space is suitable for businesses seeking a professional office environment. The monthly rent is $1000, with an annual gross lease of $12000, which includes gas, electric, water, garbage, and maintenance/cleaning of common areas. Communication services are the tenant's expense, with three communication provider options available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Excel Business Solutions ... Copy Shop 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
    -93.197548
    Latitude
    43.151198

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    FAQs

    What type of property is this?
    Office space - 969 SF office suite in downtown Mason City.
    Where is this office space located?
    The property is located at 202 1St St, Unit 151 Mason City, IA.
    What are key features of this property?
    This property features: - Prime downtown location in Mason City with great drive-by exposure.; - Fully finished 969 sq ft office suite ready for immediate occupancy.; - Gross lease includes gas, electric, water, garbage, and common area maintenance.
    (641) 420-5635
    Request Owner's contact information
    202 1St St, Unit 151 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, Unit 151 Mason City, IA 50401
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