Former Bank with
For Sale
Contact for pricing
Pending
555 S Illinois Ave, Mason City, IA 50401
1,353 SF brick building with an existing drive-thru, monument signage, and 10 parking spaces on 0.36 acres.
Property Size1,353 SF
Lot Size0.36 Acres
Days on Market149
Property Features for 555 S Illinois Ave
General Information
Standard status
Pending
Size
1,353 SF
Total Parking Spaces
10
Lot size
0.36 Acres
Property subtype
Retail, Office, Land
Additional Details
Traffic Count
16,000 vehicles/day
Building Details
Construction
brick
Listing Agency:
Marcus & Millichap - Cleveland
Listed By:
Scott Wiles · License #OH 2005013197
(216) 264-2000
Source:
Crexi
Added: Apr 12
Changed: Aug 16
Last Checked: Sep 6 at 3:35PM
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 Marcus & Millichap - Cleveland
Investment Insights
Based on property information with market context.
A former US bank building totaling 1,353 square feet of brick construction and designed for adaptable re-tenancy or redevelopment. The property includes an existing drive-thru and ample interior space, along with highly visible monument signage and a durable concrete parking lot. Ten (10) parking spaces are provided, with multiple access points for convenient customer flow.
Located directly at the main entrance of a Hy-Vee-anchored shopping center, the site benefits from visibility off a signalized intersection. The property is described as seeing over 16,000 vehicles per day and is positioned with major nearby tenants including Hy-Vee, Dollar Tree, Mercy One Medical, NP Fitness, Hy-Vee Fast & Fresh, Godfather’s Pizza, Subway, US Cellular, Athletico, and NSB Bank.
The surrounding area is also noted for education activity, with the site directly across from Mason City High School, Jefferson Elementary School, and NIA Community College, totaling over 4,325 students. The offering is for sale or lease, and inquiries can be directed to the broker for lease rate details.
Located directly at the main entrance of a Hy-Vee-anchored shopping center, the site benefits from visibility off a signalized intersection. The property is described as seeing over 16,000 vehicles per day and is positioned with major nearby tenants including Hy-Vee, Dollar Tree, Mercy One Medical, NP Fitness, Hy-Vee Fast & Fresh, Godfather’s Pizza, Subway, US Cellular, Athletico, and NSB Bank.
The surrounding area is also noted for education activity, with the site directly across from Mason City High School, Jefferson Elementary School, and NIA Community College, totaling over 4,325 students. The offering is for sale or lease, and inquiries can be directed to the broker for lease rate details.
Key Highlights
- 1,353 SF brick building with existing drive‑thru and monument signage
- Located on 0.36 acres at the main entrance of a Hy‑Vee‑anchored shopping center
- Durable concrete parking lot with 10 current parking spaces and multiple access points
Property Analytics
Property Profile
Current Use
Lease Details
16,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
235
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Bank - 1,353 SF brick building with an existing drive-thru, monument signage, and 10 parking spaces on 0.36 acres.
Where is this bank located?
The property is located at 555 S Illinois Ave Mason City, IA.
What are key features of this property?
This property features: 1,353 SF brick building with existing drive‑thru and monument signage; Located on 0.36 acres at the main entrance of a Hy‑Vee‑anchored shopping center; Durable concrete parking lot with 10 current parking spaces and multiple access points
