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    2781 4th Street Northwest Mason City, IA 50401

    Sponsored
    For Sale
    $2,200,000

    Diverse Income-Generating Portfolio in Iowa

    Property size:
    40,000 SF

    Description

    Added:
    Jan 9, 2025
    Days on Market:
    363
    This exceptional investment opportunity encompasses a diverse portfolio of income-producing properties located at 2781 4th Street Northwest, Mason City, IA, 50401, totaling 40,000 square feet on a 0.92-acre lot. The portfolio offers a balanced mix of asset classes, including hospitality, residential, commercial, and entertainment/dining. The hospitality component features a motel with fourteen rooms and eighteen extended-stay units, catering to both short-term and long-term guests. The residential holdings consist of two five-plexes and three duplexes, providing stable rental income. Commercial properties include three flexible buildings suitable for mixed-use tenants, and a stand-alone retail building ideal for retail or service-based businesses. Rounding out the portfolio is a fully operational bar/restaurant, presenting further income potential. This portfolio presents a compelling opportunity for investors seeking consistent cash flow and diversification across multiple revenue streams. The properties are offered at $2,200,000. Significant upside potential exists due to below-market rents and successful in-place business operations.

    Property Features for 2781 4th Street Northwest

    General Information

    Property type
    Other specialty properties
    Square Feet
    40,000 SF
    Price / Square Foot
    $55
    Elevators
    N/A
    Lot Size
    40,000 SF

    HighLights

    • Diverse portfolio includes motel, extended‑stay units, and multifamily properties.
    • Features three flex buildings and a stand‑alone retail building.
    • Includes a fully operational bar/restaurant with significant revenue potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Willow Inn Motel Motel

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    City
    Mason City
    State
    Iowa

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    FAQs

    What type of property is this?
    Specialty property - Diverse Income-Generating Portfolio in Iowa
    Where is this specialty property located?
    The property is located at 2781 4th Street Northwest Mason City, IA.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: Diverse portfolio includes motel, extended-stay units, and multifamily properties.; Features three flex buildings and a stand-alone retail building.; Includes a fully operational bar/restaurant with significant revenue potential.
    (515) 249-8355
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    2781 4th Street Northwest 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
    2781 4th Street Northwest Mason City, IA 50401
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