Historic Ground-Floor Office
For Lease
$950/Mo
122 N Federal, Mason City, IA 50401
SINGLE_FAMILY - MASON CITY, IA
Space Size1,450 SF
Days on Market194
Property Features for 122 N Federal
General Information
Property type
Residential
Property subtype
Office
Zoning
Z3 - General Urban Distri
Subdivision
Northwest
Standard status
Active
Size
1,450 SF
Taxes and HOA fees
Tax Description
L's 1-2 & N 44' L 4 Sub L 1 Blk 10 Paul Felts Plat
Legal Description
L's 1-2 & N 44' L 4 Sub L 1 Blk 10 Paul Felts Plat
Utilities
Cooling system
Central Air
Amenities
private suite entrance
coffee/kitchenette room
separate men's and ladies half baths
Building Details
Year built
1912
Floors in Building
3
Building materials
Brick Veneer, Frame
Roof type
Flat
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: Aug 10
Last Checked: Aug 29 at 2:06PM
MLS# 260085
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 downtown office suite is located on the main ground floor of the three-story Historic Elks Club Building. The space offers a private suite entrance that walks out directly to the street and sidewalk for convenient access. Inside, the suite is configured with three office rooms, a coffee/kitchenette room, and separate men’s and ladies’ half baths. The building has undergone a number of recent upgrades, including new windows and exterior entrance doors throughout the property, as well as a new membrane roof.
The available space is at 122 N Federal Ave in Mason City, IA. The property benefits from a street-level entry designed for straightforward client arrival and day-to-day accessibility.
This layout should appeal to tenants looking for a fully functional, multi-room office arrangement without relying on interior common access to reach the space. With private street/sidewalk entry, designated restroom facilities, and an in-suite kitchenette/coffee area, the suite can support professional offices that need comfortable day-to-day operations. The tenant is responsible for utilities, and the building includes a complete rooftop solar panel array.
The available space is at 122 N Federal Ave in Mason City, IA. The property benefits from a street-level entry designed for straightforward client arrival and day-to-day accessibility.
This layout should appeal to tenants looking for a fully functional, multi-room office arrangement without relying on interior common access to reach the space. With private street/sidewalk entry, designated restroom facilities, and an in-suite kitchenette/coffee area, the suite can support professional offices that need comfortable day-to-day operations. The tenant is responsible for utilities, and the building includes a complete rooftop solar panel array.
Key Highlights
- 1,450 SF main floor office suite in the 3‑story Historic Elks Club Building at 122 N Federal Ave
- Private suite entrance with direct street/sidewalk access
- Suite layout includes 3 office rooms plus a coffee/kitchenette room
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.18 /SF/Yr
CAM
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
Lease Benchmarks for Mason City, IA
$75.34 /SF/Yr
Avg Asking Price
$7.86–$225 /SF/Yr
Price Range
11,781 SF
Avg Space Size
This space is priced 90% below the average of $75.34 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Street-access ground-floor suite with private entry, three offices, half baths, and a kitchenette/coffee area.
Where is this office units located?
The property is located at 122 N Federal Mason City, IA.
What is the lease rate?
The lease rate is $950/Mo.
What are key features of this property?
This property features: 1,450 SF main floor office suite in the 3‑story Historic Elks Club Building at 122 N Federal Ave; Private suite entrance with direct street/sidewalk access; Suite layout includes 3 office rooms plus a coffee/kitchenette room
