Historic Three-Story Office
For Sale
$800,000
122-124 N Federal, Mason City, IA 50401
COMMERCIAL/INDUSTRIAL, 3 Story, Historical, MASON CITY, IA
Property Size16,665 SF
Price / SF$48
Days on Market240
Property Features for 122-124 N Federal
General Information
Property type
Residential
Property subtype
Office
Zoning
Z3 - General Urban Distri
Subdivision
Northwest
Standard status
Active
Size
16,665 SF
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
5422
Legal Description
Lots 1-2 & N 44' L 4 SUB L1 Blk 10 Paul Felts Plat
Utilities
Cooling system
Central Air
Amenities
solar power system
Building Details
Year built
1912
Floors in Building
3
Building materials
Brick Veneer
Architectural style
Historical, Other
Listing Agency:
CENTURY 21 PREFERRED · Century 21 Real Estate
(641) 424-9400
Listed By:
ROGER FLIETH · License #107
(641) 420-5635
Added: Feb 16
Changed: Sep 3
Last Checked: Oct 14 at 9:06AM
MLS# 260199
Copyright © 2026 Greater Mason City Board of Realtors. 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.
Constructed in 1912, this three-story brick office property provides 16,665 square feet of leasable space in a historic downtown building. Recent improvements include new windows and exterior entrance doors, a membrane roof, rooftop solar units with a solar power system, and renovated stairwells and fire escapes. The property is identified as Z3 - General Urban Distri zoning.
The layout includes two first-floor office suites measuring 1,450 square feet and 2,317 square feet. The second floor contains a 3,487-square-foot executive office suite with six offices. On the third floor, the former Elks Club ballroom includes 3,820 square feet plus a 1,363-square-foot mezzanine, totaling 5,183 square feet. Central air serves the building, which is located at 122-124 N Federal in Mason City, Iowa.
The layout includes two first-floor office suites measuring 1,450 square feet and 2,317 square feet. The second floor contains a 3,487-square-foot executive office suite with six offices. On the third floor, the former Elks Club ballroom includes 3,820 square feet plus a 1,363-square-foot mezzanine, totaling 5,183 square feet. Central air serves the building, which is located at 122-124 N Federal in Mason City, Iowa.
Key Highlights
- 16,665 square feet of leasable office space in a three‑story brick building
- 1912 construction with Historical architectural style
- New windows, exterior entrance doors, membrane roof, and renovated stairwells/fire escapes
Property Analytics
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Current Use
Lease Details
4
Office units
Location Intelligence
Trade Area within ½ mile
1,083
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Brick office property with upgraded windows, entrances, roofing, and solar power infrastructure.
Where is this office building located?
The property is located at 122-124 N Federal 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: 16,665 square feet of leasable office space in a three‑story brick building; 1912 construction with Historical architectural style; New windows, exterior entrance doors, membrane roof, and renovated stairwells/fire escapes
