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Flex Space with Warehouse and Office
For Lease
$3,350/Mo

702 S Delaware, Mason City, IA 50401

COMMERCIAL - MASON CITY, IA

Space SizeContact for details
Days on Market35

Property Features for 702 S Delaware

General Information

Property type Commercial Lease
Property subtype Other
Zoning Z4 - Multi-Use District
Subdivision Southeast
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Description L 1 BLK 16 SOUTH MASON CITY
Legal Description L 1 BLK 16 SOUTH MASON CITY

Utilities

Cooling system Central Air

Amenities

break room with kitchenette

Building Details

Year built 1934
Floors in Building 2
Building materials Block, Stucco
Architectural style Other
Listing Agency: CENTURY 21 PREFERRED · Century 21 Real Estate
Listed By: DODIE WILKINS · License #B370010000
Added: Jul 27 Changed: Aug 4 Last Checked: Aug 30 at 12:06AM
MLS# 260550

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.

Flex space at 702 S Delaware in Mason City, IA built in 1934 with block and stucco construction and central air. The office area includes three private offices, a reception area, a break room with kitchenette, and a 3/4 bathroom. An additional upstairs room includes a 1/2 bath and can support a conference room, training space, or extra office use.

The warehouse/shop space measures 70' x 80' and features oversized overhead doors for easy access, motion sensor shop lighting, and abundant storage throughout the building. Zoned Z4 - Multi-Use District, the property is designed to accommodate businesses needing both professional office space and warehouse/shop operations.

Key Highlights

  • Office includes three private offices plus reception area
  • Warehouse/shop measures 70' x 80' with oversized overhead doors
  • Upstairs room with an additional 1/2 bath for conference or training

Property Analytics

Current Use

Midwest Acutech, LLC Security Service

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Big Box & Wholesale Store Pharmacy HVAC Service

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

814
Businesses Nearby
Under-served
Demand for This Use

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

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
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Frequently Asked Questions

What type of property is this?
Flex space - Z4 multi-use district flex space with central air, office suite, and a large warehouse/shop with oversized overhead doors.
Where is this flex space located?
The property is located at 702 S Delaware Mason City, IA.
What is the lease rate?
The lease rate is $3,350/Mo.
What are key features of this property?
This property features: Office includes three private offices plus reception area; Warehouse/shop measures 70' x 80' with oversized overhead doors; Upstairs room with an additional 1/2 bath for conference or training
More about this property
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