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(712) 307-7134
Arrowhead Realty Co. LLC
122-124 N Federal Ave, Mason City, IA 50401
- $695,000
- List Price
- $695,000
- Status
- ACTIVE
- Price Change
- ▼ $105,000 1792012937
- MLS#
- 6336951
- Subtype
- Commercial Sale
- Year Built
- 1912
Property Description
Historic Downtown Building in Mason City For Sale. Located on the corner of North Federal and 2nd Street NW, this Quality Brick 3 Story building with 16,665 Sq Ft of Leasable space has undergone major upgrades. and well poised for the future. Now with brand new windows and exterior entrance doors throughout the entire building, new membrane roof, a complete array of Rooftop Solar Units and Solar Power System. Brand new Stairwells/Fire Escape renovations. Building has Five Leasable Suites. Two currently leased. Lease options available include one main level Office Suite, unit 124 features 2317 Sq Ft 7 room suite with an upper mezzanine, Second Floor, is executive sized with 3487 Sq Ft 6 Office Suite. Third Floor is the former Historic Elks Club Ballroom with 3820 Sq Ft plus a 1363 Sq Ft Mezzanine for a total of 5183 Sq. Ft. Legendary Composer Bandmaster Meredith Wilson of The Music Man fame worked in this building when it was the Vance Music Store. Located in Downtown Opportunity Zone. Potential gross rents of approximately $7,810/month / $93,720/year.
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Additional Information
- Taxes
- $7,744
- Zoning
- Business/Commercial
- Flooring
- Carpet, Wood
- Heating
- Forced Air
- Air Conditioning
- Central Air, Ductless Mini-Split
- Parking Features
- On Street
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Listing courtesy of with Century 21 Preferred