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Remodeled Leased Restaurant Building
For Sale
$1,200,000

2960 4th Street SW, Mason City, IA 50401

Stucco exterior, updated equipment, and a new roof support continued restaurant operations.

Property SizeContact for details
Days on Market343

Property Features for 2960 4th Street SW

General Information

Standard status Active
Property subtype General Commercial

Taxes and HOA fees

Annual Taxes $20,748

Amenities

3
1 Parking Spaces. Concrete Driveway.
250x198 (49,484sqft)

Building Details

Year Built 1984
Listing Agency: Realty ONE Group Welcome Home
Listed By: Krystle Hesse · License #B56732
Source: Xome
Added: Sep 25, 2025 Changed: Aug 31 Last Checked: Aug 31 at 3:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty ONE Group Welcome Home

Investment Insights

Based on property information with market context.

This leased restaurant property combines a stucco exterior with a new roof and extensive interior and exterior improvements. The building is currently operating as a restaurant and includes updated equipment and a modernized layout. Constructed in 1984, it offers a functioning commercial setup rather than a vacant shell.

The property is located at 2960 4th Street SW in Mason City, Iowa, along a major highway and near Menards and Target. The site measures 250 by 198 feet, totaling 49,484 square feet, and includes a concrete driveway. Its highway position and surrounding retail presence provide a clearly identified commercial setting for the existing restaurant use.

Key Highlights

  • Leased restaurant property with current operations in place
  • New roof and stucco exterior
  • Updated restaurant equipment and modernized layout

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Storage Facility HVAC Service Garden Center Grocery & Convenience 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

331
Businesses Nearby
Balanced
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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • China Buffet 500 S Taft Ave, Mason City, IA 50401

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Stucco exterior, updated equipment, and a new roof support continued restaurant operations.
Where is this conventional restaurant located?
The property is located at 2960 4th Street SW Mason City, IA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Leased restaurant property with current operations in place; New roof and stucco exterior; Updated restaurant equipment and modernized layout
More about this property
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