Three-Room Office
202 1st Street SE Unit 151, Mason City, IA 50401
For Lease
$1,000/Mo
Commercial Lease, Mason City, IA
Space Size969 SF
Days on Market366
Property Features for 202 1st Street SE Unit 151
General Information
Property type
Property subtype
Zoning
Parking features
Accessibility
Directions
Standard status
APN
Additional Details
Condition
Utilities Included in Rent
Taxes and HOA fees
Tax Year
Tax Description
Legal Description
Utilities
Heating system
Cooling system
Water source
Amenities
on-site parking
street parking
ADA accessible
high speed wireless
signage allowed
Building Details
Year built
Number of units
Building materials
Architectural style
Listing Agency:
Century 21 Preferred
(641) 424-9400
Listed By:
Roger Flieth
(641) 420-5635
Added: Nov 12, 2025
Changed: Nov 9
Last Checked: Nov 12 at 5:06AM
MLS# 6333642
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.
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Investment Insights
Based on property information with market context.
Suite 151 at Petersen Plaza offers 969 square feet on the main level, arranged as three rooms. The layout includes a reception area, two private offices with closable doors, and an open area for additional desks or filing. The suite is fully finished and accessible, with a ramped approach. The building dates to 1925 and has brick construction, forced-air heating, and central air conditioning.
The office is in downtown Mason City at 202 1st Street SE. Multiple entrances serve the plaza, and the suite is next to the on-site parking lot. Assigned parking is listed, with street parking also available. Business/Commercial zoning applies to the property.
The office is in downtown Mason City at 202 1st Street SE. Multiple entrances serve the plaza, and the suite is next to the on-site parking lot. Assigned parking is listed, with street parking also available. Business/Commercial zoning applies to the property.
Key Highlights
- 969‑square‑foot suite with three rooms
- Reception area, two private offices, and a separate open work area
- Main‑level suite with accessible approach and multiple plaza entrances
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.86 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,029
Businesses Nearby
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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
$10.16 /SF/Yr
Avg Asking Price
$6.83–$13.94 /SF/Yr
Price Range
10,420 SF
Avg Space Size
This space is priced 22% above the average of $10.16 /SF/Yr.
Average Price Trend$/SF/Yr for Office Units in Mason City, IA
Properties on Market for Office Units in Mason City
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - A main-level workspace includes a reception area, two enclosed offices, and a separate open work area.
Where is this office unit located?
The property is located at 202 1st Street SE Unit 151 Mason City, IA.
What is the lease rate?
The lease rate is $1,000/Mo.
What are key features of this property?
This property features: 969‑square‑foot suite with three rooms; Reception area, two private offices, and a separate open work area; Main‑level suite with accessible approach and multiple plaza entrances
