Downtown Mason City Office
For Lease
$1,000/Mo
202 1st SE #151, Mason City, IA 50401
SINGLE_FAMILY - MASON CITY, IA
Space SizeContact for details
Days on Market290
Property Features for 202 1st SE #151
General Information
Property type
Residential
Property subtype
Office
Zoning
Z5 - Central Business Dis
Subdivision
Southeast
Standard status
Active
Size
969 SF
Taxes and HOA fees
Tax Year
2024
Utilities
Cooling system
Central Air
Building Details
Floors in Building
2
Building materials
Block
Architectural style
Historical, Other
Listing Agency:
CENTURY 21 PREFERRED · Century 21 Real Estate
(641) 424-9400
Listed By:
ROGER FLIETH · License #107
(641) 420-5635
Added: Nov 12, 2025
Changed: Jun 8
Last Checked: Aug 29 at 11:06AM
MLS# 250822
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.
Located in the heart of downtown Mason City, this prime office space is situated within Petersen Plaza. Unit 151 is a 969 square foot, 3-room office suite located on the main level. The unit is fully finished and ready for immediate occupancy. It is positioned adjacent to the on-site parking lot and features multiple access entrances through the Plaza. The suite includes a large reception area suitable for multiple desks and waiting chairs, two large private offices with closable doors, and a spacious open area for additional desk or filing space. The building and suite are fully ADA accessible. Convenient on-site parking is available, along with generous street parking. The landlord allows approved signage. High-speed wireless communication service is available. The location offers great drive-by exposure and is part of a professional office environment. The gross lease is $12,000 annually, or $1000 per month, and includes gas, electric, water, garbage, and maintenance/cleaning of common areas. Communication services are the tenant's expense, with three provider options available. The zoning is Z5 - Central Business District.
Key Highlights
- Suite #151 offers 969 SF of fully finished 3‑room office space on the main level.
- Large reception area for multiple desks and waiting chairs plus two private closable door offices.
- Includes one spacious open area for additional desks and/or filing space.
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
$75.34 /SF/Yr
Avg Asking Price
$7.86–$225 /SF/Yr
Price Range
11,781 SF
Avg Space Size
This space is priced 84% below the average of $75.34 /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 - Prime, ready-to-go office space in downtown Mason City.
Where is this office units located?
The property is located at 202 1st SE #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: Suite #151 offers 969 SF of fully finished 3‑room office space on the main level.; Large reception area for multiple desks and waiting chairs plus two private closable door offices.; Includes one spacious open area for additional desks and/or filing space.
