Ground-Level Office Unit with
New
For Lease
$1,333/Mo
202 1st Street SE Unit 115, Mason City, IA 50401
Commercial Lease, Mason City, IA
Space Size1,333 SF
Days on Market3
Property Features for 202 1st Street SE Unit 115
General Information
Property type
Commercial Lease
Property subtype
Other
Accessibility
Accessible Approach with Ramp
Directions
Located in Petersen Plaza. Downtown Mason City
Standard status
Active
APN
For Lease Only
Taxes and HOA fees
Tax Year
2025
Tax Description
For Lease Only
Legal Description
For Lease Only
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
private in-suite bathroom
public bathrooms
coffee station
on-site parking lot
street parking
high speed wireless communication service
2 communication provider options
approved signage
Building Details
Year built
1925
Number of units
1
Building materials
Brick
Architectural style
Other
Listing Agency:
Century 21 Preferred
(641) 424-9400
Listed By:
Roger Flieth · License #B43478
(641) 420-5635
Added: Aug 18
Changed: Aug 19
Last Checked: Aug 20 at 3:06AM
MLS# 6341718
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 ground-level office unit provides 670 sq ft of finished office space alongside a 660 sq ft attached, heated parking garage. The layout includes a private in-suite bathroom and coffee station, with additional public restrooms available within Petersen Plaza. The building has brick construction, forced-air heat, central air conditioning, and ramp access.
Located at 202 1st Street SE Unit 115 in Mason City, the property includes access to an on-site parking lot and street parking. Approved tenant signage is permitted. The gross lease covers gas, electric, water, garbage, and maintenance and cleaning of common areas; communications remain the tenant’s responsibility, with two provider options available.
Located at 202 1st Street SE Unit 115 in Mason City, the property includes access to an on-site parking lot and street parking. Approved tenant signage is permitted. The gross lease covers gas, electric, water, garbage, and maintenance and cleaning of common areas; communications remain the tenant’s responsibility, with two provider options available.
Key Highlights
- 670 sq ft of finished office space
- 660 sq ft attached, fully finished and heated parking garage
- Private in‑suite bathroom and coffee station
Property Analytics
Property Profile
Current Use
Lease Details
Gross
Lease Type
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
Market
Lease Benchmarks for Mason City, IA
$82.38 /SF/Yr
Avg Asking Price
$7.86–$225 /SF/Yr
Price Range
12,652 SF
Avg Space Size
This space is priced 85% below the average of $82.38 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Professional office space with a private bathroom, heated garage, and convenient on-site parking.
Where is this office units located?
The property is located at 202 1st Street SE Unit 115 Mason City, IA.
What is the lease rate?
The lease rate is $1,333/Mo.
What are key features of this property?
This property features: 670 sq ft of finished office space; 660 sq ft attached, fully finished and heated parking garage; Private in‑suite bathroom and coffee station
