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Retail and Warehouse Flex Building
For Sale
$258,000

21-23 5th SW, Mason City, IA 50401

SINGLE_FAMILY - MASON CITY, IA

Property Size6,000 SF
Price / SF$43
Days on Market167

Property Features for 21-23 5th SW

General Information

Property type Residential
Property subtype Retail
Zoning Z4 - Multi-Use District
Subdivision Southwest
Standard status Active
Size 6,000 SF

Taxes and HOA fees

Tax Year 2024
Tax Description L 2 & N 47 1/8' L 3 KIRKS REPL BLK 18 SOUTH MASON
Tax Annual Amount 2844
Legal Description L 2 & N 47 1/8' L 3 KIRKS REPL BLK 18 SOUTH MASON

Utilities

Cooling system Central Air

Building Details

Year built 1920
Floors in Building 1
Building materials Brick Veneer, Metal
Roof type Rubber
Architectural style Other
Listing Agency: HILDEBRAND REAL ESTATE
Listed By: STACI MELLMAN · License #S60236
Added: Feb 26 Changed: Jul 10 Last Checked: Aug 12 at 1:06AM
MLS# 260112

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.

This flex-style property offers a combination of retail and warehouse space under one roof, with approximately 3,600 square feet used as retail and approximately 2,400 square feet configured as warehouse space within a 6,000-square-foot total building. Each portion is separately metered, providing options for separation and independent utilities.

The property is zoned Z4 - Multi-Use District and includes a large parking lot intended for customer use. The listing notes strong traffic and visibility for the established retail location.

For buyers seeking a building that can support both storefront and storage/warehouse operations, the separately metered retail and warehouse areas offer straightforward flexibility within the existing layout.

Key Highlights

  • Prime location with high traffic and visibility.
  • 6000 sq ft total space: 3600 sq ft retail** and 2400 sq ft warehouse.
  • Large parking lot for customers.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Grocery & Convenience Store Restaurant Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,032
Businesses Nearby
Under-served
Demand for This Use

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex building with separately metered retail space and warehouse space plus a large customer parking lot.
Where is this flex space located?
The property is located at 21-23 5th SW Mason City, IA.
What is the asking price?
The asking price for this property is $258,000.
What are key features of this property?
This property features: Prime location with high traffic and visibility.; 6000 sq ft total space**: **3600 sq ft retail** and 2400 sq ft warehouse.; Large parking lot for customers.
More about this property
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