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Historic Downtown Building: Blank Canvas
For Sale
$64,500

11-15 2nd NE St, Mason City, IA 50401

Blank canvas building in Mason City's Historic Downtown.

Property Size2,420 SF
Price / SF$26.65
Days on Market648

Property Features for 11-15 2nd NE St

General Information

Standard status Active
Size 2,420 SF
Property subtype Commercial/Industrial

Building Details

Year Built 1919
Listing Agency: HOLTZ REALTY
Listed By: JOE CHODUR
Source: Exitrealty
Added: Oct 21, 2024 Changed: Jul 10 Last Checked: Jul 30 at 6:30AM

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 HOLTZ REALTY

Investment Insights

Based on property information with market context.

This building presents a unique opportunity for establishing a presence in Mason City's Historic Downtown area. Situated adjacent to a new apartment complex, the property offers various possibilities. The building features a main floor and a second floor, each measuring 2,420 square feet, along with a basement that also provides 2,420 square feet of space. The assessed value of the property is $63,760.00.

Key Highlights

  • Blank canvas opportunity for development in Mason City's Historic Downtown.
  • Large square footage: Main Floor (2,420 sqft), 2nd Floor (2,420 sqft), Basement (2,420 sqft).
  • Located next door to a new apartment complex.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office Grocery & Convenience Store Skin Care Clinic Bakery Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,083
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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Blank canvas building in Mason City's Historic Downtown.
Where is this storefront property located?
The property is located at 11-15 2nd NE St Mason City, IA.
What is the asking price?
The asking price for this property is $64,500.
What are key features of this property?
This property features: Blank canvas opportunity for development in Mason City's Historic Downtown.; Large square footage: Main Floor (2,420 sqft), 2nd Floor (2,420 sqft), Basement (2,420 sqft).; Located next door to a new apartment complex.
More about this property
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