Mixed-Use Plaza Properties Package

17 S Federal Ave, Mason City, IA 50401

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For Sale

$730,000

Six parcels with storefronts, apartments, and business opportunities.

Type:Commercial/Industrial

Property size:

2,090 SF

Price / SF:

$349/SF

HighLights

Package deal: Includes 6 parcels with multiple storefronts and potential apartments.
Prime location on the plaza, home to the Frank Lloyd Wright Hotel.
Excellent visibility and high traffic area for business opportunities.
Income potential through leasing storefronts to tenants.
Potential access to Mason City programs for renovation cost assistance.
New roof on multiple properties (9 S Federal, 11 S Federal & 10 1st SE).

We can help!

Listing Contact

TIMOTHY LATHAM

For Sale

$730,000

Six parcels with storefronts, apartments, and business opportunities.

Type:Commercial/Industrial

Property size:

2,090 SF

Price / SF:

$349/SF

Added:: Oct 30, 2024
Days on Market:: 593
Last Refresh:: May 19 at 10:29 pm

Property Features for 17 S Federal Ave

General Information

Standard status: Active
Size: 2,090 SF
Property subtype: Commercial/Industrial

Building Details

Year Built: 1900

We can help!

Listing Contact

TIMOTHY LATHAM

Listing agent TIMOTHY LATHAM License #S44162

Listing office HILDEBRAND REAL ESTATE

Listing date Oct 30, 2024

Source Exitrealty

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All listing content including descriptions, pricing, images are the copyrighted material of HILDEBRAND REAL ESTATE

HighLights

Package deal: Includes 6 parcels with multiple storefronts and potential apartments.
Prime location on the plaza, home to the Frank Lloyd Wright Hotel.
Excellent visibility and high traffic area for business opportunities.
Income potential through leasing storefronts to tenants.
Potential access to Mason City programs for renovation cost assistance.
New roof on multiple properties (9 S Federal, 11 S Federal & 10 1st SE).

Overview

This offering consists of a package of six parcels with excellent visibility, presenting a unique opportunity in a historic location. The properties are part of a plaza that includes the only Frank Lloyd Wright Hotel in the world, along with dining, entertainment, and small businesses. The properties include storefronts directly on the plaza, some with apartments above, as well as two additional stores that open to the mall entrance and are currently occupied by long-term tenants. The storefronts were formerly home to the Bergo family Mercantile stores for many years. The properties offer the potential to start a new business, lease spaces to others, and explore Mason City programs that may assist with renovation costs. A new roof has been installed on the buildings located at 9 S Federal, 11 S Federal, and 10 1st SE. The total property size is 2090 square feet.

Property Profile Location Intelligence

Current Use by Public Records

The Diamond Store (Bike/Boat/Book/etc) Store Fat Hill Brewing Production Facility Players Hub Electronics & Wireless Store

Suggested Use

Location Insight

Map
Local Demand

City: Mason City
County: Cerro Gordo
State: Iowa
Longitude: -93.2006
Latitude: 43.1512

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For sale
Mixed-use properties
IA
Mason City
50401
17 S Federal Ave

What type of property is this?

Mixed-use property - Six parcels with storefronts, apartments, and business opportunities.

Where is this mixed-use property located?

The property is located at 17 S Federal Ave Mason City, IA.

What is the asking price?

The asking price for this property is $730,000.

What are key features of this property?

This property features: Package deal: Includes 6 parcels with multiple storefronts and potential apartments.; Prime location on the plaza, home to the Frank Lloyd Wright Hotel.; Excellent visibility and high traffic area for business opportunities.

17 S Federal Ave, Mason City, IA 50401

Six parcels with storefronts, apartments, and business opportunities.

Property Features for 17 S Federal Ave

General Information

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

West Side Retail Property

Remodeled Restaurant Building For Sale

Spacious Office Building For Sale

Historic Mason City Building For Sale

Three-Story Brick Office Building

Heated Yard and Warehouse Facility

Brick Duplex with Income Potential

Four-Unit Multifamily Property in Mason City

Mason City Commercial Property

Mason City Commercial Opportunity

Mason City Office Investment Opportunity

Mason City Commercial Building For Sale

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