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118 N Federal Ave
Mason City, IA 50401
Retail Property For Sale
Investment Highlights
- The Central Business District has seen an influx of hundreds of new apartment buildings.
- Perfect location for a restaurant and rehab and develop residential on the second floor and potential to add a third floor.
- One storefront away from City Hall. City Hall is directly across Central Park from the World Famous Frank Loyd Wright Hotel.
- City parking lot out the back door the the property.
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,684 SF
Building Class
C
Year Built
1890
Tenancy
Single
Building Height
2 Stories
Building FAR
1.23
Lot Size
0.05 AC
Zoning
Z5 - Central Business District
Parking
4 Spaces (1.49 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Restaurant
Property Taxes
| Parcel Number | 07-09-235-00-600 | Improvements Assessment | $86,680 |
| Land Assessment | $13,590 | Total Assessment | $100,270 |
Property Taxes
Parcel Number
07-09-235-00-600
Land Assessment
$13,590
Improvements Assessment
$86,680
Total Assessment
$100,270
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