Building Details

Year Built 2013

Buildings 1

Listing Agency: The Real Estate Group Inc.

Listed By: Kathy Tega · License #475143839 Show Phone

Source: Crexi

Added: Apr 25 Changed: Aug 31 Last Checked: Sep 7 at 5:13AM

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Investment Insights

Based on property information with market context.

This freestanding commercial building is currently leased and operated as a Subway restaurant, with existing infrastructure in place to support continued restaurant operations. The asset is presented as an investment opportunity and is positioned for a buyer looking to take over an established quick-service location.

The property is located in a high-traffic area of Mason City, with visibility intended to support steady customer flow and convenient accessibility.

As offered for sale, the building’s configuration and infrastructure align with continued restaurant use as a quick-service concept.

Key Highlights

• Freestanding commercial building built in 2013
• Currently leased and operated as a Subway restaurant
• Existing quick‑service/restaurant infrastructure in place for continued use

Property Analytics

Property Profile

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Building Supply Spa & Massage Center Law Firm Dental Office 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.

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

149

Businesses Nearby

14k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 69% Dining 15% Groceries 15%

Casey's General Store Shops & Services

5,741 visits/mo 0.3 miles

Dollar General Shops & Services

3,888 visits/mo 0.3 miles

SUBWAY Dining

2,149 visits/mo 0.2 miles

IGA OF MASON CITY Groceries

2,106 visits/mo 0.0 miles

Demographics for 62644, IL

4,690

Population

2,438

Households

1.9

Avg Household Size

47

Median Age

20%

College-Educated

92%

High-School Grad

96.6 sq mi

ZIP Area

49

Density / Sq Mi

$57,076

Median Household Income

$35,324

Median Earnings

$730

Median Rent

$104,700

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

Questions? Ask Rey

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

What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Freestanding Subway Restaurant Building

201 E CHESTNUT Street, Mason City, IL 62644

$350,000

0.60 Acres

View details

Multi-Tenant Storefront with Tanning Beds

200 S MAIN Street, Mason City, IL 62664

Contact for pricing

6,300 SF

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Freestanding restaurant building leased and operated as a Subway restaurant with existing quick-service infrastructure.

Where is this conventional restaurant located?

The property is located at 201 E CHESTNUT Street Mason City, IL.

What is the asking price?

The asking price for this property is $350,000.

What are key features of this property?

This property features: Freestanding commercial building built in 2013; Currently leased and operated as a Subway restaurant; Existing quick‑service/restaurant infrastructure in place for continued use