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Flex Space With Warehouse
For Lease
$3,350/Mo

702 S Delaware Avenue, Mason City, IA 50401

Commercial Lease, Mason City, IA

Space SizeContact for details
Lot Size0.21 Acres
Days on Market49

Property Features for 702 S Delaware Avenue

General Information

Property type Commercial Lease
Property subtype Other
Parking features On Street
Directions call agent/office
Standard status Active
APN 071035100700
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description L 1 BLK 16 SOUTH MASON CITY
Tax Annual Amount 3388
Legal Description L 1 BLK 16 SOUTH MASON CITY

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

oversized overhead doors
motion sensor shop lighting
abundant storage
kitchenette
break room
reception area
bonus upstairs room

Building Details

Year built 1934
Number of units 1
Flooring type Concrete
Building materials Block, Stucco
Architectural style Other
Listing Agency: Century 21 Preferred
Listed By: Dodie Wilkins · License #B370010000
Added: Jul 27 Changed: Sep 7 Last Checked: Sep 13 at 3:06PM
MLS# 6340907

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 flex property combines professional office areas with a warehouse/shop component. The office layout includes three private offices, a reception area, break room with kitchenette, and a 3/4 bathroom. An upstairs room adds another 1/2 bathroom and can serve as additional work or meeting space. The warehouse/shop measures 70' x 80' plus and includes oversized overhead doors, motion-sensor lighting, and storage areas throughout.

The 0.21-acre property at 702 S Delaware Avenue in Mason City, Iowa, was built in 1934 and has block and stucco construction with concrete flooring. Building systems include forced-air heating, central air conditioning, and public water. On-street parking is provided.

Key Highlights

  • 70' x 80' plus warehouse/shop area
  • Three private offices with reception area
  • Break room includes kitchenette

Property Analytics

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Open Analytics

Current Use

Midwest Acutech, LLC Security Service

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Big Box & Wholesale Store Pharmacy HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

814
Businesses Nearby
Under-served
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Combined office and shop areas support businesses needing administrative, customer-facing, and operational space in one building.
Where is this flex space located?
The property is located at 702 S Delaware Avenue Mason City, IA.
What is the lease rate?
The lease rate is $3,350/Mo.
What are key features of this property?
This property features: 70' x 80' plus warehouse/shop area; Three private offices with reception area; Break room includes kitchenette
More about this property
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