10 Washington Ave Mason City, IA 50401
- Banks
- 39,650 SF
- 1.18 lot acres
Current Use by Public Records
- Thompson Company / Home Builder
- Wells Fargo Bank / Bank / Atm
- Wells Fargo Advisors / Investment Service
- Westermann & Cooney of Raymond James / Financial Planner / Financial Consultant
- Stoney Creek Hospitality / Corporate Campus
Property Details for 10 Washington Ave
- Year built
- 1994
- Lot size
- 1.18 lot acres
- Property size
- 39,650 SF
- Property type
- Banks
- APN
- 70923700900
- APU
- 70923700900
Description
This exceptional office space opportunity is situated in the heart of Mason City, Iowa, at 10 N Washington Ave, 50401. The property, known as the Wells Fargo Center, offers a variety of traditional office suites ranging from 1,800 square feet to 6,000 square feet, providing flexibility for businesses of various sizes. Located on the town square, this building enjoys high visibility and convenient access to a multitude of amenities. The property boasts a strong tenant mix, including established and reputable businesses such as Wells Fargo Advisors, Wells Fargo Bank, Raymond James, RSM, Thompson Companies, and Stoney Creek Hospitality Corp., creating a vibrant and professional atmosphere. The building's central location places it within easy reach of numerous restaurants and other businesses, offering employees and clients a wide array of options for dining and services. This is an excellent opportunity to establish a presence in a thriving downtown area with a diverse and successful tenant community. The property is located in Cerro Gordo County and is ideal for businesses seeking a prestigious and well-connected address in Mason City. Contact us today to learn more about available spaces and lease terms.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,525,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,935,000
- 6.5%
- $2,795,000
- 7%
- $2,775,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,520,000
- Geo Method
- $2,490,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,670,000
- Retail
- $2,715,000
- Mixed-Use
- $3,185,000
- Hospitality
- $2,780,000
- Educational
- $2,790,000
- Residential Income
- $2,810,000
- Energy
- $3,105,000
- Income-Based Land
- $2,980,000
- Food Service
- $2,575,000
Location Insight
- Map
- Local Demand
- City
- Mason City
- County
- Cerro Gordo
- State
- Iowa
- Longitude
- -93.2032
- Latitude
- 43.1522
- CBSA code
- 32380
- CBSA name
- MASON CITY, IA MICROPOLITAN STATISTICAL AREA
