Historic Ground-Floor Office Suite with
For Lease
$1,950/Mo
124 N Federal, Mason City, IA 50401
SINGLE_FAMILY - MASON CITY, IA
Space Size2,317 SF
Days on Market194
Property Features for 124 N Federal
General Information
Property type
Residential
Property subtype
Office
Zoning
Z3 - General Urban Distri
Subdivision
Northwest
Standard status
Active
Size
2,317 SF
Taxes and HOA fees
Tax Description
For Lease Only
Legal Description
For Lease Only
Utilities
Cooling system
Central Air
Amenities
private entrance
private in-suite bathroom
new windows
new exterior entrance doors
new membrane roof
new rooftop solar panel array
Building Details
Floors in Building
3
Building materials
Brick Veneer
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: Jul 30
Last Checked: Aug 29 at 12:06PM
MLS# 260087
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.
124 N Federal offers a ground-floor office suite in a historic brick building with central air and a private entrance that opens directly to the sidewalk or street for straightforward accessibility. The suite is arranged with a front reception area and open office space, supported by four offices. A private in-suite bathroom serves the main layout.
In addition to the main level, the suite includes a mezzanine level with three extra rooms. The suite totals 2,317 square feet, with 1,765 square feet on the main level and 552 square feet on the mezzanine.
Recent building improvements include new windows and exterior entrance doors throughout the building, along with a new membrane roof and a new rooftop solar panel array. The zoning is Z3 - General Urban Distri.
In addition to the main level, the suite includes a mezzanine level with three extra rooms. The suite totals 2,317 square feet, with 1,765 square feet on the main level and 552 square feet on the mezzanine.
Recent building improvements include new windows and exterior entrance doors throughout the building, along with a new membrane roof and a new rooftop solar panel array. The zoning is Z3 - General Urban Distri.
Key Highlights
- Private entrance directly to sidewalk or street access
- 2,317 SF total: 1,765 SF main level plus 552 SF mezzanine
- Front reception room plus open office area up front
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.52 /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 87% below the average of $75.34 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Ground-floor office suite with private street entrance, central air, and dedicated mezzanine level for additional rooms and space.
Where is this office units located?
The property is located at 124 N Federal Mason City, IA.
What is the lease rate?
The lease rate is $1,950/Mo.
What are key features of this property?
This property features: Private entrance directly to sidewalk or street access; 2,317 SF total: 1,765 SF main level plus 552 SF mezzanine; Front reception room plus open office area up front
