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Downtown Storefront Opportunity
For Sale
$74,500

16 S Federal Ave, Mason City, IA 50401

Spacious storefront in Mason City's historic downtown.

Property Size7,172 SF
Price / SF$10.39
Days on Market649

Property Features for 16 S Federal Ave

General Information

Standard status Active
Size 7,172 SF
Property subtype Commercial/Industrial

Building Details

Year Built 1910
Listing Agency: HOLTZ REALTY
Listed By: JOE CHODUR
Source: Exitrealty
Added: Oct 21, 2024 Changed: Jul 6 Last Checked: Jul 30 at 8:12AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HOLTZ REALTY

Investment Insights

Based on property information with market context.

Located in Mason City's Historic Downtown, this storefront property offers an opportunity to establish a business. The building provides 3,586 square feet on each floor. The property includes a main floor, a second floor, and an unfinished basement, each measuring 3,586 square feet. It is positioned steps away from The Historic Park Inn Hotel and various eateries.

Key Highlights

  • Located directly on the plaza in Mason City's Historic Downtown.
  • Priced significantly below assessed value of $132,450.
  • Large building with 3,586 sqft on both the main and 2nd floor.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office Grocery & Convenience Store Skin Care Clinic Bakery Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,118
Businesses Nearby
Under-served
Demand for This Use

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Spacious storefront in Mason City's historic downtown.
Where is this storefront property located?
The property is located at 16 S Federal Ave Mason City, IA.
What is the asking price?
The asking price for this property is $74,500.
What are key features of this property?
This property features: Located directly on the plaza in Mason City's Historic Downtown.; Priced significantly below assessed value of $132,450.; Large building with **3,586 sqft on both the main and 2nd floor**.
More about this property
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