ADA-Accessible Office
For Lease
$1,500/Mo
202 1st SE #112, Mason City, IA 50401
COMMERCIAL/INDUSTRIAL, 2 Story, MASON CITY, IA
Space SizeContact for details
Property Size1,261 SF
Days on Market296
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
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
(641) 424-9400
Listed By:
ROGER FLIETH · License #B43478
(641) 420-5635
Added: Nov 21, 2025
Changed: Sep 3
Last Checked: Sep 13 at 7:06AM
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.
Investment Insights
Based on property information with market context.
Suite 112 is a finished office unit within Petersen Plaza, a two-story office and plaza building constructed in 1925. The main-level layout includes a reception area, five enclosed offices, an open work area, and storage. A private entrance opens to S. Pennsylvania Ave., while a second connection leads into the plaza. The building and suite are fully ADA accessible, with central air and brick veneer construction.
Located at 202 1st SE in Mason City’s downtown area, the property offers an on-site parking lot along with street parking. Approved signage is permitted, and high-speed wireless communication service is available. The property is zoned Z5 - Central Business Dis, with multiple entrances serving the plaza.
Located at 202 1st SE in Mason City’s downtown area, the property offers an on-site parking lot along with street parking. Approved signage is permitted, and high-speed wireless communication service is available. The property is zoned Z5 - Central Business Dis, with multiple entrances serving the plaza.
Key Highlights
- Main‑level Suite 112 includes reception, 5 private offices, open work area, and storage
- Fully ADA‑accessible building and suite
- Private walk‑in entrance on S. Pennsylvania Ave. plus interior plaza access
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.09 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,029
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
11,034 SF
Avg Space Size
This space is priced 77% below the average of $60.19 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Finished office suite with private rooms, reception area, storage, and multiple access points within a professional plaza setting.
Where is this office units 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: Main‑level Suite 112 includes reception, 5 private offices, open work area, and storage; Fully ADA‑accessible building and suite; Private walk‑in entrance on S. Pennsylvania Ave. plus interior plaza access
