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Corner-Lot Storefront Property
For Sale
Under Contract
$79,000

707 1st Street SW, Mason City, IA 50401

COMMERCIAL - Other - Mason City, IA

Property Size2,292 SF
Price / SF$34.47
Days on Market46

Property Features for 707 1st Street SW

General Information

Property type Commercial Sale
Property subtype Other
Parking features Garage - Detached
Basement Partial
Lot features Corner Lot
Directions Call Roger Flieth 641-420-5635
Standard status Active Under Contract
APN 070918200700

Taxes and HOA fees

Tax Year 2024
Tax Description Lots 1-2 & E 1/2 L3 Blk 2 at Parker Place
Tax Annual Amount 2118
Legal Description Lots 1-2 & E 1/2 L3 Blk 2 at Parker Place

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1964
Number of units 1
Flooring type Carpet, Concrete
Building materials Vinyl Siding
Roof type Shingle
Architectural style Other
Listing Agency: Century 21 Preferred
Listed By: Roger Flieth · License #B43478
Added: Jul 6 Changed: Aug 19 Last Checked: Aug 20 at 5:06AM
MLS# 6340035

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 2292 sq ft storefront property occupies a one-story building on a corner parcel exceeding 1/3 acre. The interior includes three showroom areas, a sales counter, one office, and substantial rear storage, creating a flexible retail layout. A partial basement adds additional utility, while the detached one-stall garage supports storage or parking needs.

The property is located at 707 1st Street SW in Mason City’s Forest Park neighborhood, near Mercy Medical Center. Existing improvements include vinyl siding, carpet and concrete flooring, forced-air heat, central air, public water, and a shingle roof. Built in 1964, the building is currently configured for retail merchandise and outdoor decorating accessories.

Key Highlights

  • 2292 sq ft one‑story storefront building
  • Over 1/3 acre corner lot in Mason City’s Forest Park neighborhood
  • Interior includes 3 showrooms, sales counter, office, and large rear storage room

Property Analytics

Current Use

The Basic Birder Wild ... Pet Store & Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Barber Shop Grocery & Convenience Store Catering Service Florist

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

1,522
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

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Baker Floral 923 4th St SW, Mason City, IA 50401

Frequently Asked Questions

What type of property is this?
Storefront property - Single-story retail building with showroom, office, storage, and detached garage.
Where is this storefront property located?
The property is located at 707 1st Street SW Mason City, IA.
What is the asking price?
The asking price for this property is $79,000.
What are key features of this property?
This property features: 2292 sq ft one‑story storefront building; Over 1/3 acre corner lot in Mason City’s Forest Park neighborhood; Interior includes 3 showrooms, sales counter, office, and large rear storage room
More about this property
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