Brick and Tile Office
For Sale
Contact for pricing
Pending
103 E State St, Mason City, IA 50401
Multi-tenant office property with renovations completed since 2016 and 40+ occupants.
Property SizeContact for details
Days on Market145
Property Features for 103 E State St
General Information
Standard status
Pending
Property subtype
Office
Net Operating Income
$473,330
Building Details
Construction
brick & tile
Tenancy
Multi
Listing Agency:
Northmarq Capital, LLC
(513) 769-1700
Listed By:
Ryan Roedersheimer · License #OH 2015004880
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Sep 1 at 11:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northmarq Capital, LLC
Investment Insights
Based on property information with market context.
This office building in downtown Mason City features brick and tile construction and is occupied by more than 40 tenants. The multi-tenant configuration creates a diversified occupancy profile, while renovations and other building improvements have been completed since 2016.
The property is located at 103 E State St and sits adjacent to Southbridge Mall. Its estimated debt coverage ratio is 2.79. Mason City’s office vacancy is reported at 1.4%, with no new office square footage under construction.
The property is located at 103 E State St and sits adjacent to Southbridge Mall. Its estimated debt coverage ratio is 2.79. Mason City’s office vacancy is reported at 1.4%, with no new office square footage under construction.
Key Highlights
- Office building with brick and tile construction
- More than 40 current tenants across the property
- Renovations and building improvements completed since 2016
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,137
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
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Multi-tenant office property with renovations completed since 2016 and 40+ occupants.
Where is this office building located?
The property is located at 103 E State St Mason City, IA.
What are key features of this property?
This property features: Office building with brick and tile construction; More than 40 current tenants across the property; Renovations and building improvements completed since 2016
