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Property profile & analytics
OFF-MARKET
Investment properties

2703 19th SW St Mason City, IA 50401-6239

3,456 SF 0.19 ac lot Built 1910
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-0588193
Property summary
AI-generated overview

This well-maintained 1910 commercial building at 2703 19th St SW, Mason City, IA 50401, is offered at $128,900. The property features two main-level commercial units, ideal for a variety of businesses or uses. Adding to its income potential is a leased two-bedroom apartment located on the upper level, providing a consistent rental stream. The building boasts excellent visibility and convenient off-street parking, enhancing its appeal to both tenants and customers. Its history as a cash-flowing asset demonstrates its strong potential for continued profitability. This multi-purpose property presents a compelling opportunity for investors seeking a stable income stream or entrepreneurs looking to establish their own business in a desirable location within Cerro Gordo County. The traditional office space offers flexibility and the existing apartment provides additional revenue. This is a turnkey opportunity with established income and significant upside potential. The property's location in Mason City, Iowa, offers easy access to local amenities and transportation routes. This is a rare chance to acquire a well-established commercial property with a proven track record.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1910
Construction FRAME
Total area 3,456 SF
Lot 0.19 ac (8,059 SF)
APN 71842700900
UPID US25-0588193
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jab Wireless Telecommunications Service Data Center
  • Benevolent Studios: Tattoos Tattoo & Piercing Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Moses U Noni · 1 yrs held
Moses U Noni
since 2025
Last sale
$110,000
3 recorded transactions
2025
$110,000
2018
$110,000
2005
$98,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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