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Restaurant Building with Banquet Rooms
For Sale
$337,000

125 1st Street SE, Mason City, IA 50401

COMMERCIAL - Other - Mason City, IA

Property SizeContact for details
Days on Market43

Property Features for 125 1st Street SE

General Information

Property type Commercial Sale
Property subtype Other
Directions take loop around mall turn right on right side of loop once on 1st st its a block up on the right
Standard status Active
APN 071015600500

Taxes and HOA fees

Tax Year 2024
Tax Description E 48' L 1 & N 22' E 48' L 4 BLK 24 PAUL FELTS PLAT
Tax Annual Amount 3548
Legal Description E 48' L 1 & N 22' E 48' L 4 BLK 24 PAUL FELTS PLAT

Utilities

Heating system Forced Air
Water source Public

Amenities

banquet rooms

Building Details

Year built 1910
Number of units 1
Building materials Stucco
Architectural style Other
Listing Agency: Realty ONE Group Movement
Listed By: Jordan Rose · License #B69234
Added: Jul 9 Changed: Aug 19 Last Checked: Aug 20 at 12:06AM
MLS# 6337213

Copyright © 2026 NoCoast MLS. 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 restaurant property was built in 1910 and features a stucco exterior, forced-air heating, and public water service. The building includes newer kitchen equipment, tables and chairs, two large bars, ice machines, wash stations, and a walk-in freezer. Multiple bathrooms are located throughout the building.

Large banquet rooms provide dedicated space for events, while the existing food-service infrastructure supports restaurant operations. The property is located at 125 1st Street SE in Mason City, Iowa, within ZIP Code 50401.

Key Highlights

  • Restaurant building constructed in 1910
  • Newer kitchen equipment, tables and chairs included
  • Two large bars with ice machines and wash stations

Property Analytics

Current Use

Agave Azul Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Building Supply Big Box & Wholesale Store Auto Parts 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

1,029
Businesses Nearby
Under-served
Demand for This Use

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Includes commercial kitchen equipment, two bars, event rooms, and multiple restroom areas.
Where is this conventional restaurant located?
The property is located at 125 1st Street SE Mason City, IA.
What is the asking price?
The asking price for this property is $337,000.
What are key features of this property?
This property features: Restaurant building constructed in 1910; Newer kitchen equipment, tables and chairs included; Two large bars with ice machines and wash stations
More about this property
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