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200 Main St Mason City, IL 62664-1413

OFF-MARKET Commercial real estate Google Maps
Individually Owned Free & Clear
Estimated value
No estimation on file for this property yet.
Property ID US28-4892558

Property summary

AI-generated overview

Prime Mason City, IL location! This exceptional opportunity includes a thriving, established business and a 6,500 square foot, two-story building on a prominent .20 acre lot at 200 S Main St, zip code 62664. The property boasts five rental units, generating consistent income. The main business has operated successfully for over 20 years under the same ownership, with a history spanning more than 40 years in the community. The sale includes all equipment, inventory, licenses (tobacco and tanning), website, online presence, and a full POS system. The current owner will provide comprehensive training and support to ensure a smooth transition. The building itself is valued at $69,000, while the business assets are priced at $80,000. This turnkey operation offers significant potential for growth and expansion, making it an ideal investment for a family or entrepreneur seeking a rewarding venture. The sale includes a UV tanning salon, sunless spray booth, airbrush tanning unit, red light therapy bed, vape store, CBD/hemp store, phone repair business (optional), and a consignment shop (60% ownership of inventory). The property features a security system, decorations, signage, and ample display cabinets, furniture, counters, and shelving. Serious inquiries only. Financials will be discussed with qualified buyers.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 20-07-235-003
UPID US28-4892558

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Tanning Salon
  • Tanning Salon

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2026
Last sale
$5,000
2 recorded transactions
2026
$5,000
2010
$20,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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