Florist
New
For Sale
$375,000
923 4th Sw, Mason City, IA 50401
Established floral operation with a customer-facing shop and seasonal window displays.
Property Size2,111 SF
Price / SF$177.64
Days on Market2
Property Features for 923 4th Sw
General Information
Standard status
Active
Size
2,111 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Building Details
Year Built
1945
Listing Agency:
CENTURY 21 PREFERRED
Listed By:
Dodie Wilkins · License #46
(641) 425-9852
Source:
Janefischer
Added: Oct 7
Last Checked: Oct 7 at 2:41PM
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 CENTURY 21 PREFERRED
Investment Insights
Based on property information with market context.
This 2,111-square-foot storefront in Mason City houses a floral business with a history at this location dating to 1958. Built in 1945, the shop features a front display window refreshed for seasonal and holiday occasions, presenting floral designs to passersby.
Located at 923 4th SW, the business has operated continuously at the same site since 1958. The property combines a storefront setting with an established florist operation.
Located at 923 4th SW, the business has operated continuously at the same site since 1958. The property combines a storefront setting with an established florist operation.
Key Highlights
- 2,111‑square‑foot storefront built in 1945
- Floral business has operated continuously at this location since 1958
- Front window display is updated for seasons, holidays, and special occasions
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,314
Cap Rate
4.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,280
$326.3K
Cap Rate 7%
$233,057
$233.1K
Cap Rate 9%
$181,267
$181.3K
Market Conditions
NOI Build-Up for 2,111 SF
Gross rent
$25.3K $12.00/SF
− Vacancy
−$2.0K −$0.96/SF
EGI
$23.3K $11.04/SF
− OpEx
−$7.0K −$3.31/SF
NOI
$16.3K $7.73/SF
Area
Cerro Gordo County, IA
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,280
Cap Rate 7%
$233,057
Cap Rate 9%
$181,267
Alternative Uses
Best Use
Retail
$233.1K
$203.9K – $271.9K
NOI $16,314 @ 7.0% cap · market cap 4.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$529.9K
$463.7K – $618.2K
NOI $37,094 @ 7.0% cap · market cap 9.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Balanced
Demand for This Use
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?
Storefront property - Established floral operation with a customer-facing shop and seasonal window displays.
Where is this storefront property located?
The property is located at 923 4th Sw Mason City, IA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 2,111‑square‑foot storefront built in 1945; Floral business has operated continuously at this location since 1958; Front window display is updated for seasons, holidays, and special occasions
