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Remodeled Office Building
For Sale
$150,000

404 S Monroe, Mason City, IA 50401

SINGLE_FAMILY - MASON CITY, IA

Property Size2,400 SF
Price / SF$62.50
Days on Market48

Property Features for 404 S Monroe

General Information

Property type Residential
Property subtype Office
Zoning Z4 - Multi-Use District
Subdivision Southwest
Standard status Active
Size 2,400 SF

Taxes and HOA fees

Tax Year 2024
Tax Description Long, see agent remarks
Tax Annual Amount 3674
Legal Description Long, see agent remarks

Utilities

Cooling system Central Air

Building Details

Year built 1961
Floors in Building 1
Building materials Block, Brick Veneer, Frame, Vinyl
Roof type Asphalt
Architectural style Other
Listing Agency: HILDEBRAND REAL ESTATE
Listed By: TIMOTHY LATHAM · License #S44162
Added: Jun 26 Changed: Aug 3 Last Checked: Aug 12 at 3:06AM
MLS# 260452

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 2,400-square-foot office building at 404 S Monroe in Mason City offers a main level with a large reception area, five offices, and two bathrooms. The lower level adds another office, a kitchen area, storage, and room for additional offices. Its basement has been recently updated and remodeled, and the property includes an alarm system, central air, and a single-stall garage.

Built in 1961, the building has block, brick veneer, frame, and vinyl construction with an asphalt roof replaced in 2023. Parking is available both in front of and behind the building. The property is zoned Z4 - Multi-Use District and is located in Mason City, Iowa.

Key Highlights

  • 2,400‑square‑foot office building with main- and lower‑level space
  • Main floor includes reception area, 5 offices, and 2 bathrooms
  • Lower level features an office, kitchen area, storage, and space for additional offices

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Repair Shop Storage Facility Building Supply

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

235
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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Flexible two-level layout with front and rear parking, central air, and Z4 - Multi-Use District zoning.
Where is this office building located?
The property is located at 404 S Monroe Mason City, IA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 2,400‑square‑foot office building with main- and lower‑level space; Main floor includes reception area, 5 offices, and 2 bathrooms; Lower level features an office, kitchen area, storage, and space for additional offices
More about this property
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