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Downtown Mason City Mixed-Use Building
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111 W State, Mason City, IA 50401

Remodeled mixed-use building in downtown Mason City with ample parking.

Property Size113,022 SF
Days on Market2204

Property Features for 111 W State

General Information

Standard status Active
Size 113,022 SF
Class A
Property subtype Hospitality, Mixed Use, Office, Special Purpose
Zoning Z-5 Central Business District
Investment Type Redevelopment

Building Details

Year Built 1990
Year Renovated 2018
Units 20
Listing Agency: SVN | CREATE Commercial Real Estate Advisors
Listed By: Heath Bullock · License #IA B38797
Source: Crexi
Added: Aug 17, 2020 Changed: Aug 23 Last Checked: Aug 29 at 12:07PM

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 SVN | CREATE Commercial Real Estate Advisors

Investment Insights

Based on property information with market context.

This mixed-use building, located in the heart of downtown Mason City, Iowa, offers 113,022 square feet of space suitable for a variety of commercial uses. The property benefits from ample parking. The surrounding area has been undergoing improvements, including the addition of a new ice arena next door. Floors 1 through 4 have been remodeled to meet tenant requirements, including upgrades to the HVAC system, flooring, ceilings, and walls. The building also features a wellness center complete with locker rooms and a workout/dance studio. The property's location and parking availability make it suitable for various business types and potentially other development.

Key Highlights

  • Ample parking for property and possible additional development.
  • Remodeled floors 1‑4 to tenant requirements including HVAC, flooring, ceiling, and walls.
  • Located in the heart of downtown Mason City.

Property Analytics

Current Use

Shazam Atm Atm Masonite Corporation Production Facility

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Building Supply Big Box & Wholesale Store Grocery & Convenience Store

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

1,261
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Remodeled mixed-use building in downtown Mason City with ample parking.
Where is this mixed-use property located?
The property is located at 111 W State Mason City, IA.
What are key features of this property?
This property features: Ample parking for property and possible additional development.; Remodeled floors 1‑4 to tenant requirements including HVAC, flooring, ceiling, and walls.; Located in the heart of downtown Mason City.
(515) 494-7284 Call to check price and availability
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