Historic Office
For Lease
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122-124 N Federal, Mason City, IA 50401
COMMERCIAL/INDUSTRIAL, 3 Story, Historical, MASON CITY, IA
Space Size1,450 SF - 5,183 SF
Property Size16,665 SF
Days on Market208
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 Description
Lots 1-2 & N 44' L 4 SUB L1 Blk 10 Paul Felts Plat
Legal Description
Lots 1-2 & N 44' L 4 SUB L1 Blk 10 Paul Felts Plat
Utilities
Cooling system
Central Air
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 #B43478
(641) 420-5635
Added: Feb 16
Changed: Sep 3
Last Checked: Sep 12 at 12:06AM
MLS# 260086
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.
This 1912 historic brick-veneer office property provides 16,665 square feet of leasable space across three stories. Available configurations include two main-level suites measuring 1,450 square feet and 2,317 square feet, a 3,487-square-foot second-floor executive suite with six offices, and a third-floor ballroom with a 1,363-square-foot mezzanine for 5,183 square feet in total. Central air serves the building.
Located at the corner of North Federal and 2nd Street NW in downtown Mason City, the property has received substantial building improvements. Work includes new windows and exterior entrance doors, a new membrane roof, rooftop solar units with a solar power system, and renovated stairwells and fire escapes. The property is zoned Z3 - General Urban Distri.
Located at the corner of North Federal and 2nd Street NW in downtown Mason City, the property has received substantial building improvements. Work includes new windows and exterior entrance doors, a new membrane roof, rooftop solar units with a solar power system, and renovated stairwells and fire escapes. The property is zoned Z3 - General Urban Distri.
Key Highlights
- 16,665 square feet of leasable office space across three stories
- Main‑level suites include 1,450 square feet and 2,317 square feet
- Second‑floor 3,487‑square‑foot executive suite with six offices
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
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
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Market
Lease Benchmarks for Mason City, IA
$60.19 /SF/Yr
Avg Asking Price
$6.83–$225 /SF/Yr
Price Range
11,034 SF
Avg Space Size
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Office suites are offered in an upgraded historic building with central air, new windows, and renovated exterior entrances.
Where is this office units located?
The property is located at 122-124 N Federal Mason City, IA.
What are key features of this property?
This property features: 16,665 square feet of leasable office space across three stories; Main‑level suites include 1,450 square feet and 2,317 square feet; Second‑floor 3,487‑square‑foot executive suite with six offices
