Historic Downtown Office
122-124 N Federal Avenue Mason City, IA 50401
For Sale
$800,000
COMMERCIAL - Other - Mason City, IA
Property Size16,665 SF
Price / SF$48
Days on Market162
Property Features for 122-124 N Federal Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Business/Commercial
Parking features
On Street
Standard status
Active
APN
070923500400
Taxes and HOA fees
Tax Year
2024
Tax Description
Lots 1-2 & N 44' L 4 sUB L1 Blk 10 Paul Felts Plat.
Tax Annual Amount
1
Utilities
Heating system
Forced Air
Cooling system
Central Air, Ductless
Water source
Public
Building Details
Year built
1912
Number of units
4
Flooring type
Wood, Carpet
Building materials
Brick
Architectural style
Other
Listing Agency:
Century 21 Preferred
(641) 424-9400
Listed By:
Roger Flieth · License #B43478
(641) 420-5635
Added: Feb 16
Changed: Jul 12
Last Checked: Jul 28 at 2:06PM
MLS# 6336951
Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This historic three-story brick office building is offered for sale with a total of 16,665 square feet of leasable space. The property has undergone major upgrades, including brand new windows and exterior entrance doors throughout the building, a new membrane roof, and a complete array of rooftop solar units with a solar power system. Renovations also include new stairwells and fire escape improvements.
Leasing options currently referenced include two main level office suites and additional space on the upper floors. Unit 122 is identified as a 1,450-square-foot office suite, and unit 124 is identified as a 2,317-square-foot office suite. The second floor is described as an executive-sized 3,487-square-foot, six-office suite. The third floor includes the former historic Elks Club Ballroom space totaling 3,820 square feet plus a 1,363-square-foot mezzanine for 5,183 square feet total. The building is located on the corner of North Federal and 2nd Street NW, in downtown Mason City.
Leasing options currently referenced include two main level office suites and additional space on the upper floors. Unit 122 is identified as a 1,450-square-foot office suite, and unit 124 is identified as a 2,317-square-foot office suite. The second floor is described as an executive-sized 3,487-square-foot, six-office suite. The third floor includes the former historic Elks Club Ballroom space totaling 3,820 square feet plus a 1,363-square-foot mezzanine for 5,183 square feet total. The building is located on the corner of North Federal and 2nd Street NW, in downtown Mason City.
Key Highlights
- Historic downtown corner building in Mason City at North Federal St and 2nd St NW
- Brick 3‑story building with 16,665 Sq Ft of leasable space
- Major upgrades include brand new windows and exterior entrance doors throughout
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Three-story brick office building offers multiple office suites, rooftop solar, and recent exterior and building system upgrades.
Where is this office building located?
The property is located at 122-124 N Federal Avenue Mason City, IA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Historic downtown corner building in Mason City at North Federal St and 2nd St NW; Brick 3‑story building with 16,665 Sq Ft of leasable space; Major upgrades include brand new windows and exterior entrance doors throughout
