Search
Historic Plaza Storefront Package
For Sale
$730,000

17 S Federal, Mason City, IA 50401

COMMERCIAL - MASON CITY, IA

Property Size2,090 SF
Lot Size0.05 Acres
Price / SF$349.28
Days on Market652

Property Features for 17 S Federal

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Southeast
Standard status Active
Size 2,090 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description W 100' L 3 IN L 6 BLK 16 PAUL FELTS PLAT
Tax Annual Amount 1596
Legal Description W 100' L 3 IN L 6 BLK 16 PAUL FELTS PLAT

Utilities

Cooling system Central Air

Building Details

Year built 1900
Floors in Building 2
Building materials Block, Brick Veneer
Architectural style Other
Listing Agency: HILDEBRAND REAL ESTATE
Listed By: TIMOTHY LATHAM · License #S44162
Added: Oct 30, 2024 Changed: Aug 4 Last Checked: Aug 12 at 8:06AM
MLS# 240776

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 offering combines six parcels in a historic commercial setting at 17 S Federal in Mason City. The property includes storefronts facing the plaza, with apartments above some spaces, plus two additional retail locations that open toward the mall entrance. Those mall-facing spaces have long-term tenants. The identified property size is 2090 square feet, with block and brick veneer construction, central air, and a 1900 build year.

The storefronts are positioned directly on the plaza alongside restaurants, entertainment venues, and small businesses. The broader plaza is also home to a Frank Lloyd Wright hotel. The package includes properties at 9 S Federal, 11 S Federal, and 10 1st SE, each reported with a new roof. The combination of retail, upper-level residential space, and existing tenancy creates a varied commercial ownership profile within Mason City's central business setting.

Key Highlights

  • Six‑parcel commercial package at 17 S Federal, Mason City, IA 50401
  • Storefronts front the plaza; some include apartments above
  • Two additional stores open to the mall entrance with long‑term tenants

Property Analytics

Current Use

The Diamond Store (Bike/Boat/Book/etc) Store Fat Hill Brewing Production Facility Players Hub Electronics & Wireless Store

Suggested Use

Top Pick Real Estate Agency Dental Office Grocery & Convenience Store Skin Care Clinic Bakery Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,118
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Storefront property - Six parcels combine plaza-facing storefronts, upper-level apartments, and additional retail spaces with established tenants.
Where is this storefront property located?
The property is located at 17 S Federal 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: Six‑parcel commercial package at 17 S Federal, Mason City, IA 50401; Storefronts front the plaza; some include apartments above; Two additional stores open to the mall entrance with long‑term tenants
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message