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

702 S Delaware, Mason City, IA 50401

COMMERCIAL/INDUSTRIAL, 1 Story, 2 Story, Shop, MASON CITY, IA

Space SizeContact for details
Days on Market49

Property Features for 702 S Delaware

General Information

Property type Commercial Lease
Property subtype Other
Zoning Z4 - Multi-Use District
Subdivision Southeast
Standard status Active

Taxes and HOA fees

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

Utilities

Cooling system Central Air

Amenities

break room with kitchenette

Building Details

Year built 1934
Floors in Building 2
Building materials Block, Stucco
Architectural style Other
Listing Agency: CENTURY 21 PREFERRED · Century 21 Real Estate
Listed By: DODIE WILKINS · License #B370010000
Added: Jul 27 Changed: Sep 3 Last Checked: Sep 13 at 6:06PM
MLS# 260550

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 flex property combines a professional office component with warehouse and shop facilities. The office layout includes three private offices, a reception area, break room with kitchenette, and a 3/4 bathroom. An upstairs room adds flexibility for meetings, training, or office use and includes a separate 1/2 bath.

The warehouse/shop measures 70' x 80' plus and is served by oversized overhead doors. Motion-sensor lighting supports shop operations, while storage is distributed throughout the building. The property also features central air conditioning, block and stucco construction, and Z4 - Multi-Use District zoning. Built in 1934, the building is located at 702 S Delaware in Mason City, Iowa.

Key Highlights

  • 70' x 80' plus warehouse/shop area
  • Three private offices with reception area
  • Oversized overhead doors for warehouse access

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
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Frequently Asked Questions

What type of property is this?
Flex space - Combines private offices, reception, kitchenette, and shop space with oversized overhead doors.
Where is this flex space located?
The property is located at 702 S Delaware 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; Oversized overhead doors for warehouse access
More about this property
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