Diverse Income-Generating Iowa
For Sale
$2,200,000
2781 4th Street Northwest, Mason City, IA 50401
Diverse Income-Producing Portfolio – Exceptional Investment Opportunity
Property Size40,000 SF
Lot Size0.92 Acres
Price / SF$55
Days on Market635
Property Features for 2781 4th Street Northwest
General Information
Standard status
Active
Property type
Other specialty properties, Other retail properties, Motels, Specialty properties, Retail properties & Spaces, Hospitality properties
Size
40,000 SF
Elevators
N/A
Lot size
0.92 Acres
Listed By:
Max Colby
(515) 249-8355
Added: Jan 9, 2025
Changed: Mar 16
Investment Insights
Based on property information with market context.
Located at 2781 4th Street Northwest, Mason City, IA, 50401, this portfolio encompasses a diverse mix of income-producing properties totaling 40,000 square feet on a 0.92-acre lot. The portfolio offers a balanced mix of asset classes, including hospitality, residential, commercial, and entertainment/dining. The hospitality component features a motel with fourteen rooms and eighteen extended-stay units, catering to both short-term and long-term guests. The residential holdings consist of two five-plexes and three duplexes, providing stable rental income. Commercial properties include three flexible buildings suitable for mixed-use tenants, and a stand-alone retail building ideal for retail or service-based businesses. Rounding out the portfolio is a fully operational bar/restaurant, presenting further income potential. This portfolio presents a compelling opportunity for investors seeking consistent cash flow and diversification across multiple revenue streams. Significant upside potential exists due to successful in-place business operations.
Key Highlights
- Successful Business Operations In‑place (Willow Inn Motel & Willow Run Lounge)
- Major Revenue Upside
- Below Market Rents
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
18
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
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Specialty property - Diverse Income-Producing Portfolio – Exceptional Investment Opportunity
Where is this specialty property located?
The property is located at 2781 4th Street Northwest Mason City, IA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Successful Business Operations In‑place (Willow Inn Motel & Willow Run Lounge); Major Revenue Upside; Below Market Rents
