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    404 S Monroe St Mason City, IA 50401

    For Sale
    $179,000

    1 Story, OFFICE/PROFESSIONAL - MASON CITY, IA

    Property size:
    2,400 SF
    Days on Market:
    27
    Last Refresh:
    Dec 7 at 11:06 am

    Property Features for 404 S Monroe St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security System
    Zoning
    Z4 - Multi-Use District
    APN
    070940101000 & 070940100
    Interior features
    Security System
    Size
    2,400 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1961
    Floors in Building
    1
    Building materials
    Block, Brick, Brick Veneer, Frame
    Roof type
    Asphalt
    Architectural style
    Other

    Hildebrand Real Estate (641) 512-4816 [email protected]

    Listing agent TIMOTHY LATHAM (641) 423-5055 License #S44162

    Listing date Nov 11, 2025

    MLS# 240866 Listing URL

    Copyright © 2025 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.

    Overview

    Mason City Office/Professional Building

    This one-story office building is centrally located on one of the busiest corners in Mason City, Iowa, in a high-traffic area. The property, suitable for office or professional use, features parking in both the front and rear of the building. The main floor includes a large reception area, five offices, and two bathrooms. The lower level offers a kitchen area and storage space, with additional space available to add more offices if needed. A single-stall garage is included. The building has a new roof installed in 2023 and is in move-in-ready condition. An alarm system is included. The property is located in a multi-use district.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Building Supply Auto Repair Shop Storage Facility

    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
    -93.215237
    Latitude
    43.197115

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    FAQs

    What type of property is this?
    Office space - Centrally located office building in a high-traffic area.
    Where is this office space located?
    The property is located at 404 S Monroe St Mason City, IA.
    What is the asking price?
    The asking price for this property is $179,000.
    What are key features of this property?
    This property features: - High-traffic, central location on a busy corner.; - Move-in ready condition with a **new roof (2023)**.; - Ample parking in front and behind the building.
    (641) 423-5055
    Request Owner's contact information
    404 S Monroe St 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
    404 S Monroe St Mason City, IA 50401
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