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Historic Downtown Office Building
For Sale
$336,000

22 2nd NW St, Mason City, IA 50401

Well-built office building in Mason City's Historic Downtown.

Property Size19,832 SF
Price / SF$16.94
Days on Market649

Property Features for 22 2nd NW St

General Information

Standard status Active
Size 19,832 SF
Property subtype Commercial/Industrial

Building Details

Year Built 1924
Listing Agency: HOLTZ REALTY
Listed By: JOE CHODUR
Source: Exitrealty
Added: Oct 21, 2024 Changed: Jul 6 Last Checked: Jul 30 at 7:49AM

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.

This exceptionally well-built office building offers a footprint suitable for creating a lasting return on investment. The combined square footage of the main and second floor is 19,832 square feet, with an additional full basement offering 9,916 square feet. The building includes multiple offices, meeting rooms, restrooms, and work areas. A garage with two overhead doors measures 56 feet by 60 feet. There are over 40 existing private parking spots. This commercial investment opportunity is located in Mason City's Historic Downtown.

Key Highlights

  • Substantial square footage: 19,832 sqft across two floors, plus a 9,916 sqft basement
  • Over 40 private parking spots
  • Located in Mason City's Historic Downtown

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Grocery & Convenience Store Skin Care Clinic Bakery (Bike/Boat/Book/etc) Store

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

1,083
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Well-built office building in Mason City's Historic Downtown.
Where is this office building located?
The property is located at 22 2nd NW St Mason City, IA.
What is the asking price?
The asking price for this property is $336,000.
What are key features of this property?
This property features: Substantial square footage: **19,832 sqft across two floors, plus a 9,916 sqft basement**; Over 40 private parking spots; Located in Mason City's Historic Downtown
More about this property
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