Three-Story Brick Office
For Sale
$800,000
122-124 N Federal Avenue, Mason City, IA 50401
Commercial Sale, Mason City, IA
Property Size16,665 SF
Price / SF$48
Days on Market204
Property Features for 122-124 N Federal Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Business/Commercial
Parking features
On Street
Lot features
Corner Lot
Directions
Call Roger Flieth. 641-420-5635
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
Legal Description
Lots 1-2 & N 44' L 4 sUB L1 Blk 10 Paul Felts Plat.
Utilities
Heating system
Forced Air
Cooling system
Ductless, Central Air
Water source
Public
Amenities
solar power system
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 #107
(641) 420-5635
Added: Feb 16
Changed: Sep 7
Last Checked: Sep 8 at 2:06AM
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.
Built in 1912, this three-story brick office property provides 16,665 square feet of leasable space in a multi-floor configuration. Recent improvements include new windows, exterior entry doors, a membrane roof, rooftop solar units, and a solar power system. Stairwells and fire escapes have also been renovated.
The building offers several office configurations, including two main-level 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, a former Elks Club ballroom provides 3,820 square feet along with a 1,363-square-foot mezzanine, creating 5,183 square feet of combined space. Wood and carpet flooring, forced-air heating, central air, ductless cooling, public water, and on-street parking are included.
The building offers several office configurations, including two main-level 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, a former Elks Club ballroom provides 3,820 square feet along with a 1,363-square-foot mezzanine, creating 5,183 square feet of combined space. Wood and carpet flooring, forced-air heating, central air, ductless cooling, public water, and on-street parking are included.
Key Highlights
- 16,665 square feet of leasable office space
- Three‑story brick building constructed in 1912
- New windows, exterior entry doors, membrane roof, and rooftop solar system
Property Analytics
Property Profile
Current Use
Lease Details
4
Office units
Location Intelligence
Trade Area within ½ mile
1,083
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Updated building systems support flexible office leasing across multiple floors.
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: 16,665 square feet of leasable office space; Three‑story brick building constructed in 1912; New windows, exterior entry doors, membrane roof, and rooftop solar system
