Full-Service Salon and Spa
New
For Lease
$1,810/Mo
202 1st Street SE Unit 157, Mason City, IA 50401
Commercial Lease, Mason City, IA
Space Size1,669 SF
Days on Market2
Property Features for 202 1st Street SE Unit 157
General Information
Property type
Commercial Lease
Property subtype
Other
Directions
Located in Petersen Plaza in Downtown Mason City, corner of S Pennsylvania and 1st SE
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
reception room
hair stylist stations
spa room
spa chair/hair wash stations
managers office
in-suite laundry room/kitchenette
in-suite bathroom
public restrooms
walk-in entrance
on site parking
street parking
handicap accessible
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 21
Last Checked: Aug 22 at 5:06PM
MLS# 6341887
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 1669 sq. ft. spa and salon suite occupies space within Petersen Plaza at 202 1st Street SE Unit 157. The layout includes a reception area, five semi-private hair stylist stations, one private spa room, and three spa chair and hair wash stations. Additional support areas include a manager’s office, private in-suite laundry room, kitchenette, and bathroom. The suite also has a dedicated walk-in entrance and access to Petersen Plaza’s public restrooms.
The property is in downtown Mason City and offers an on-site parking lot along with street parking. The suite is handicap accessible with no steps. Building features include brick construction, forced-air heating, central air, and public water. The building was constructed in 1925.
The property is in downtown Mason City and offers an on-site parking lot along with street parking. The suite is handicap accessible with no steps. Building features include brick construction, forced-air heating, central air, and public water. The building was constructed in 1925.
Key Highlights
- 1669 sq. ft. salon and spa suite in Petersen Plaza
- Five semi‑private hair stylist stations and three spa chair/hair wash stations
- One private spa room plus reception area, manager’s office, and in‑suite bathroom
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,029
Businesses Nearby
Under-served
Demand for This Use
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
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Spa & wellness property - Configured with reception, styling stations, a spa room, laundry, kitchenette, and private restroom.
Where is this spa & wellness property located?
The property is located at 202 1st Street SE Unit 157 Mason City, IA.
What is the lease rate?
The lease rate is $1,810/Mo.
What are key features of this property?
This property features: 1669 sq. ft. salon and spa suite in Petersen Plaza; Five semi‑private hair stylist stations and three spa chair/hair wash stations; One private spa room plus reception area, manager’s office, and in‑suite bathroom
