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555 S Illinois Ave
Mason City, IA 50401
Bank Owned Vacant Outparcel: Value-Add Bank · Retail Property For Sale
Investment Highlights
- Outparcel Opportunity: Regency Square shopping center outparcel with a host of retailers including Dollar Tree, Hy-Vee Grocery Store, and more
- Well-maintained building in excellent condition with on-site parking
- Former freestanding bank branch with two drive-thru lanes and potential for QSR conversion
- Institutional seller with favorable pricing expectations
Property Facts
Property Type
Retail
Property Subtype
Building Size
1,353 SF
Building Class
C
Year Built
1984
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.36 AC
Parking
14 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
132’ on South Illinois Avenue
Amenities
- Drive Thru
Property Taxes
| Parcel Numbers | Improvements Assessment | $578,610 | |
| Land Assessment | $126,950 | Total Assessment | $705,560 |
Property Taxes
Parcel Numbers
Land Assessment
$126,950
Improvements Assessment
$578,610
Total Assessment
$705,560
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