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Finished Office Suite
For Lease
$1,500/Mo

202 1st SE #112, Mason City, IA 50401

COMMERCIAL/INDUSTRIAL, 2 Story, MASON CITY, IA

Space Size1,261 SF
Days on Market342

Property Features for 202 1st SE #112

General Information

Property type Residential
Property subtype Office
Zoning Z5 - Central Business Dis
Directions Petersen Plaza. Downtown Mason City
Subdivision Southeast
Standard status Active
Size 1,291 SF

Taxes and HOA fees

Tax Year 2024
Tax Description Lease Only
Legal Description Lease Only

Utilities

Cooling system Central Air

Amenities

high-speed wireless communication
approved signage
ADA accessible
multiple access entrances

Building Details

Year built 1925
Floors in Building 2
Building materials Brick Veneer
Architectural style Other
Listing Agency: CENTURY 21 PREFERRED · Century 21 Real Estate
Listed By: ROGER FLIETH · License #107
Added: Nov 21, 2025 Changed: Oct 13 Last Checked: Oct 29 at 6:06PM
MLS# 250849

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.

Rey
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Investment Insights

Based on property information with market context.

Suite 112 is an eight-room office on the plaza’s main level, with a reception area, five enclosed offices, an open work area, and storage. The finished space has a private entrance from S. Pennsylvania Avenue and a second entry into the plaza. Both the suite and building are ADA accessible. Central air serves the space, and approved signage is permitted.

The property is at 202 1st SE in downtown Mason City. On-site and street parking are available, and high-speed wireless service can be obtained through two communications providers. The gross lease includes gas, electricity, water, garbage, and maintenance and cleaning of common areas; communications service is a tenant expense.

Key Highlights

  • Eight‑room office suite on the main level
  • Reception, five enclosed offices, open work area, and storage
  • Private entrance from S. Pennsylvania Avenue, plus interior plaza access

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Excel Business Solutions ... Computer & Electronic Repair Access Systems Big Box & Wholesale Store Beltone Hearing Centers Hearing Aid Store Sawyer Agency Insurance Agency Legal Aid-Iowa Law Firm

Suggested Use

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

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

Yes
Utilities to site
Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,029
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Mason City, IA

$63.87 /SF/Yr
Avg Asking Price
$6.83–$225 /SF/Yr
Price Range
12,889 SF
Avg Space Size

This space is priced 78% below the average of $63.87 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - An eight-room, main-level workspace offers private street access and a second entrance into the plaza.
Where is this office unit located?
The property is located at 202 1st SE #112 Mason City, IA.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: Eight‑room office suite on the main level; Reception, five enclosed offices, open work area, and storage; Private entrance from S. Pennsylvania Avenue, plus interior plaza access
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