200 Main St, Mason City, IL 62664-1413
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.
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The Hot Spot (formerly City Video) featuring Elm Street Consignment Tanning Salon
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The Hot Spot -Mason City Tanning Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.