Ground-Floor Office
For Lease
$1,950/Mo
124 N Federal, Mason City, IA 50401
COMMERCIAL/INDUSTRIAL, 3 Story, Historical, MASON CITY, IA
Space Size2,317 SF
Days on Market239
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 bathroom
solar panels
historic building
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: Sep 13
Last Checked: Oct 13 at 5:06PM
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.
This historic office property offers 2,317 square feet across a 1,765-square-foot main level and a 552-square-foot mezzanine. The ground-floor layout includes a reception area, open work space, four private offices, and an in-suite bathroom, while the mezzanine adds three additional rooms. A dedicated entrance opens directly to the sidewalk along 124 N Federal Ave., providing direct access to the suite.
The building features brick veneer construction, central air, new windows and exterior entry doors throughout, a new membrane roof, and a rooftop solar panel array. Gas, electric, and water are paid by the landlord. The property is located in downtown Mason City and is zoned Z3 - General Urban Distri.
The building features brick veneer construction, central air, new windows and exterior entry doors throughout, a new membrane roof, and a rooftop solar panel array. Gas, electric, and water are paid by the landlord. The property is located in downtown Mason City and is zoned Z3 - General Urban Distri.
Key Highlights
- 2,317 SF total, including 1,765 SF on the main level and 552 SF mezzanine
- Ground‑floor private entrance opens directly to the sidewalk at 124 N Federal Ave.
- Main level includes reception, open office area, 4 offices, and an in‑suite bathroom
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
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
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Market
Lease Benchmarks for Mason City, IA
$60.19 /SF/Yr
Avg Asking Price
$6.83–$225 /SF/Yr
Price Range
11,936 SF
Avg Space Size
This space is priced 83% below the average of $60.19 /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 - Historic office premises with a sidewalk-level private entrance, multiple enclosed rooms, and additional mezzanine workspace.
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: 2,317 SF total, including 1,765 SF on the main level and 552 SF mezzanine; Ground‑floor private entrance opens directly to the sidewalk at 124 N Federal Ave.; Main level includes reception, open office area, 4 offices, and an in‑suite bathroom
