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Street-Facing Retail Space
For Sale
$220,000

21-23 5TH Street SW, Mason City, IA 50401

Commercial Sale, Mason City, IA

Property SizeContact for details
Days on Market11

Property Features for 21-23 5TH Street SW

General Information

Property type Commercial Sale
Property subtype Other
Directions Google Maps
Standard status Active
APN 070943100100

Taxes and HOA fees

Tax Year 2025
Tax Description L 2 & N 47 1/8' L 3 KIRKS REPL BLK 18 SOUTH MASON CITY
Tax Annual Amount 3548
Legal Description L 2 & N 47 1/8' L 3 KIRKS REPL BLK 18 SOUTH MASON CITY

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1920
Number of units 2
Building materials Brick, Metal Siding
Architectural style Other
Listing Agency: Hall Realty
Listed By: Amelia Rose · License #***
Added: Sep 8 Changed: Sep 17 Last Checked: Sep 18 at 10:06AM
MLS# 6342467

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 retail property at 21-23 5TH Street SW provides a broad commercial footprint that can support retail, showroom, office, inventory, storage, or combined business functions. The building features brick and metal siding, forced-air heat, and public water service. Constructed in 1920, it is currently occupied by Real Deals.

Positioned along a heavily traveled Mason City corridor, the property offers prominent street exposure and a visible setting for a business operation. Its existing layout and range of usable areas may suit an owner-user, an expanding business, or an investor seeking a flexible commercial building.

Key Highlights

  • Retail property at 21‑23 5TH Street SW, Mason City, IA 50401
  • Flexible footprint for retail, showroom, office, inventory, and storage functions
  • Currently occupied by Real Deals

Property Analytics

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Current Use

Retail 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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Brick-and-metal commercial building with adaptable areas for retail, showroom, office, inventory, or storage uses.
Where is this retail space located?
The property is located at 21-23 5TH Street SW Mason City, IA.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Retail property at 21‑23 5TH Street SW, Mason City, IA 50401; Flexible footprint for retail, showroom, office, inventory, and storage functions; Currently occupied by Real Deals
More about this property
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