Mixed-Use Plaza Properties Package

11 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:

3,520 SF

Price / SF:

$207/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 from existing long‑term tenants in mall‑entrance stores.
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:

3,520 SF

Price / SF:

$207/SF

Added:: Oct 31, 2024
Days on Market:: 592
Last Refresh:: May 20 at 1:14 am

Property Features for 11 S Federal Ave

General Information

Standard status: Active
Size: 3,520 SF
Property subtype: Commercial/Industrial

Building Details

Year Built: 1928

We can help!

Listing Contact

TIMOTHY LATHAM

Listing agent TIMOTHY LATHAM License #S44162

Listing office HILDEBRAND REAL ESTATE

Listing date Oct 31, 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 from existing long‑term tenants in mall‑entrance stores.
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 comprises a package of six parcels with excellent visibility, presenting a mix of historical significance, prime location, and diverse opportunities. The properties are situated in a plaza, home to the only Frank Lloyd Wright Hotel in the World, alongside dining, entertainment, and small businesses. The storefronts, some with apartments above, front the plaza, while two additional stores with long-term tenants open to the mall entrance. These properties offer the potential to start a business, lease spaces, and explore Mason City's programs for renovation cost assistance. Historically, the storefronts housed the Bergo family Mercantile stores. Included in the sale are properties at 9 S Federal, 11 S Federal, and 10 1st SE, which have a new roof. The total property size is 3520 square feet.

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Location Insight

Map
Local Demand

City: Mason City
County: Cerro Gordo
State: Iowa
Longitude: -93.2006
Latitude: 43.1514

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For sale
Mixed-use properties
IA
Mason City
50401
11 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 11 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.

11 S Federal Ave, Mason City, IA 50401

Six parcels with storefronts, apartments, and business opportunities.

Property Features for 11 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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