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    Mason City, IA
    Strip Mall

    Mason City, IA Strip Malls for Sale

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    Clear Lake, IA Rockford, IA Manly, IA Nora Springs, IA Grafton, IA Ventura, IA Rudd, IA Sheffield, IA
    Multi-Tenant Strip Retail Property
    Updated: May 26
    Multi-Tenant Strip Retail Property

    402 Indianhead Dr, Mason City, IA 50401

    $1,400,000
    6,148 sqft 0.99 AC lot
    6,148‑square‑foot strip retail property on 0.99 acres
    Three suites with Subway occupying one and US Cellular occupying two
    Z4 - Multi‑Use District zoning
    Constructed in 2003 with brick veneer construction
    Central air conditioning and rubber roof
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    This listing looks promising.

    Here's a quick look at some key insights for

    402 Indianhead Dr, MASON CITY, IA 50401

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    • Est. Cap Rate

      3.4%
      NOI ÷ price

    • Est. NOI

      $48K
      Annual

    • Price @ 7% Cap

      $679K
      Suggested

    • Property Type

      Neighborhood: Shopping Center, Strip Center, Enterprise Zone
      Built 2003
    View Property Analytics
    Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 1 Active listings in Mason City, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 15 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multi-Tenant Strip Center
    Multi-Tenant Strip Center

    3620-3628 Kimball Avenue, Waterloo, IA 50702

    $1,500,000
    6,720 sqft

    Multi-tenant retail property with long-term leases, street frontage, and C-1,C-Z zoning.

    View details
    100% Occupied Retail Strip Center
    100% Occupied Retail Strip Center

    102 20th Street SE, Rochester, MN 55904

    $2,000,000

    100% occupied retail strip center with retail, medical, and dining tenants and CAM pass-throughs in place.

    View details
    Inline Retail Space in Strip Center
    Inline Retail Space in Strip Center

    1515 Flammang Drive, Waterloo, IA 50702

    Contact for pricing
    1,664 sqft

    In-line retail unit with strong signage in a Waterloo strip center anchored by national retailers.

    View details
    Multi-Tenant NNN Retail Property
    Multi-Tenant NNN Retail Property

    221 28th St SE, Rochester, MN 55904

    Contact for pricing
    10,715 sqft

    Multi-tenant NNN retail property off the South Broadway/Highway 63 interchange with adjacency to major national anchors.

    View details

    Off-Market Properties in Mason City, IA

    Consider similar Off-Market properties in Mason City, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    517 Federal Ave
    SHOPPING CENTER, STRIP CENTER

    517 Federal Ave, Mason City, IA 50401-3803

    $305,000
    Estimated value
    5,760 sqft 0.40 AC lot
    View details
    1530 Federal Ave
    SHOPPING CENTER, STRIP CENTER

    1530 Federal Ave, Mason City, IA 50401-5749

    $335,000
    Estimated value
    68,696 sqft 6.71 AC lot
    View details
    4109 4th SW St
    SHOPPING CENTER, STRIP CENTER

    4109 4th SW St, Mason City, IA 50401-7359

    $950,000
    Estimated value
    6,000 sqft 1.05 AC lot
    View details
    2261 4th SW St
    SHOPPING CENTER, STRIP CENTER

    2261 4th SW St, Mason City, IA 50401-4695

    $580,000
    Estimated value
    5,184 sqft 1.08 AC lot
    View details
    3570 4th SW St
    SHOPPING CENTER, STRIP CENTER

    3570 4th SW St, Mason City, IA 50401-1544

    $695,000
    Estimated value
    6,897 sqft 1.22 AC lot
    View details
    500 Indian Head Dr, Unit 520
    SHOPPING CENTER, STRIP CENTER

    500 Indian Head Dr, Mason City, IA 50401-7352

    Unit 520
    $3,825,000
    Estimated value
    44,396 sqft 4.53 AC lot
    View details
    1427 4th SW St
    SHOPPING CENTER, STRIP CENTER

    1427 4th SW St, Mason City, IA 50401

    $1,785,000
    Estimated value
    19,877 sqft 1.48 AC lot
    View details
    497 Indian Head Dr
    SHOPPING CENTER, STRIP CENTER

    497 Indian Head Dr, Mason City, IA 50401-7314

    $630,000
    Estimated value
    6,000 sqft 0.77 AC lot
    View details
    646 Monroe Ave
    SHOPPING CENTER, STRIP CENTER

    646 Monroe Ave, Mason City, IA 50401-5041

    $1,670,000
    Estimated value
    18,384 sqft 1.20 AC lot
    View details
    402 Indian Head Dr
    SHOPPING CENTER, STRIP CENTER

    402 Indian Head Dr, Mason City, IA 50401-7374

    $665,000
    Estimated value
    6,148 sqft 0.99 AC lot
    View details
    473 Indian Head Dr
    SHOPPING CENTER, STRIP CENTER

    473 Indian Head Dr, Mason City, IA 50401-7353

    $640,000
    Estimated value
    6,000 sqft 0.87 AC lot
    View details
    451 Indian Head Dr
    SHOPPING CENTER, STRIP CENTER

    451 Indian Head Dr, Mason City, IA 50401-7372

    $645,000
    Estimated value
    6,000 sqft 0.91 AC lot
    View details
    606 Federal Ave
    SHOPPING CENTER, STRIP CENTER

    606 Federal Ave, Mason City, IA 50401-5005

    $250,000
    Estimated value
    3,400 sqft 0.23 AC lot
    View details
    1631 4th SW St
    SHOPPING CENTER, STRIP CENTER

    1631 4th SW St, Mason City, IA 50401-1612

    $9,030,000
    Estimated value
    109,772 sqft 6.44 AC lot
    View details
    1915 4th SW St
    SHOPPING CENTER, STRIP CENTER

    1915 4th SW St, Mason City, IA 50401-4601

    $1,320,000
    Estimated value
    13,913 sqft 1.58 AC lot
    View details

    Mason City, IA Strip Malls Market Trends and Statistics

    Explore 16 strip malls for sale in Mason City, IA on our real estate platform. These investment opportunities span a total of 6,148 square feet of properties for sale, with an estimated market value of $1,400,000.

    Sale prices for retail strips in Mason City, IA average $1,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 18
    Shopping centers 6
    Auto shops 2
    Automotive properties 2
    Banks 1

    Demographics Overview

    Population 29K
    Population Growth (5Y) -0.7%
    Median Household Income $63,807
    College Educated 14.7%

    High-Yield Neighborhoods for Investment

    Identify Mason City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    50401 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 2.38%
    Property Tax per SF $31.10 per SF
    Tax Rate vs County Average 0.21 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cerro Gordo County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Mason City, IA

    • 50401

    Featured Mason City Real Estate Agencies

    Realmo connects you with licensed Mason City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Hildebrand Real Estate
    506 4th SW Mason City, IA 50401
    Phone: 16415124816
    www.hildebrandrealestate.com

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