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    111 W State Street Mason City, IA 50401

    Source: https://svn.com
    For Sale
    Contact for pricing

    111 W State St. Office Building For Sale

    Property size:
    113,022 SF

    Description

    Added:
    May 15, 2025
    Days on Market:
    214
    This impressive 6-story, 100,000 square foot office building offers a prime
    commercial space in the heart of Mason City. Featuring modern design and stateof-the-art amenities, this property is an ideal workspace for businesses of all
    sizes. With abundant natural light, spacious floor plans, and a convenient location,
    it provides an excellent environment for productivity and collaboration.
    Additionally, ample parking, easy access to public transportation, and proximity
    to downtown Mason City, make this office building a premier choice for
    companies seeking a great work environment.

    Location Description
    Immerse yourself in the vibrant city of Mason City, IA, an ideal location for your next office investment or lease. The area offers a dynamic mix of cultural and recreational attractions, including the Frank Lloyd Wright Stockman House, Music Man Square, and the MacNider Art Museum. Enjoy the convenience of nearby dining and retail options, with easy access to major highways and transportation routes. Experience the rich architectural heritage of Mason City while exploring the diverse business opportunities that this thriving market has to offer. The Principal Financial Building provides a prime location to immerse yourself in the energy and potential of this bustling community.

    Property Features for 111 W State Street

    General Information

    Property type
    Office buildings
    Square Feet
    113,022 SF
    Class
    A
    Elevators
    N/A

    Building Details

    Year Built
    1990
    Buildings
    1
    Stories
    6

    HighLights

    • 113,022 SF modern office building with 6 units - Built in 1990, renovated in 2018 for updated appeal - Zoned Z‑5 Central Business District for versatile use - Prime location in the bustling Mason City area - Impressive 100% occupancy for immediate income - Modern amenities and features for tenant convenience - Well‑maintained property for minimal maintenance concerns - Potential for strong and stable rental income
    Insight Report Location Intelligence

    Current Use by Public Records

    Shazam Atm Atm Masonite Corporation Door Manufacturer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mason City
    State
    Iowa
    Longitude
    -93.2023156
    Latitude
    43.1518037

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    FAQs

    What type of property is this?
    Office building - 111 W State St. Office Building For Sale
    Where is this office building located?
    The property is located at 111 W State Street Mason City, IA.
    What are key features of this property?
    This property features: - 113,022 SF modern office building with 6 units - Built in 1990, renovated in 2018 for updated appeal - Zoned Z-5 Central Business District for versatile use - Prime location in the bustling Mason City area - Impressive 100% occupancy for immediate income - Modern amenities and features for tenant convenience - Well-maintained property for minimal maintenance concerns - Potential for strong and stable rental income
    (515) 494-7284
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    111 W State Street Mason City, IA 50401
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    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
    111 W State Street Mason City, IA 50401
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