Mason City, IA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Mason City, Iowa Market population: 28K. Browse multifamily, office, retail, industrial, and mixed-use investment...
Advertisement
11 properties found
Investor Pitch Deck
Don’t just search properties. See why investors choose REI Capital.
Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.
⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Mason City IA Properties: 1.5600%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Mason City IA
Common questions from investors exploring commercial real estate in Mason City IA.
What is the overall investment potential of Mason City, IA?
+
The 12.6% poverty rate combined with a high health insurance coverage rate of 93.5% and a relatively short average commute time of 13.9 minutes suggests a stable market with access to employment opportunities, making it an attractive investment destination. The top industries, including Information and Finance & Insurance, also indicate a diverse economy. Additionally, the median property value of $97,600 and median property taxes of $8,671 provide a reasonable investment entry point.
How does the demographic makeup of Mason City impact investment decisions?
+
The city's ethnic diversity, with a majority of White (47.4%) and White Non-Hispanic (45.6%) populations, and a foreign born rate of 2.1%, suggests a relatively stable and homogeneous community. This, combined with a median age of 42.2 and a high homeownership rate of 65.7%, indicates a market with potential for long-term rentals and stable property values.
What are the key factors influencing the rental market in Mason City?
+
The employed population of 14,451 and top industries such as Information and Finance & Insurance suggest a stable job market, which can support rental demand. The average commute time of 13.9 minutes and top commute methods, including driving alone and carpooling, also indicate convenient access to employment opportunities. Furthermore, the health insurance coverage rate of 93.5% implies a relatively healthy and stable tenant base.
How does the local economy impact the real estate investment potential in Mason City?
+
The median household income of $41,332 and a GINI coefficient of 0.456 indicate a relatively equal distribution of income, which can contribute to a stable and predictable real estate market. The top industries, including Public Administration, also suggest a diverse economy with a mix of government and private sector employment, reducing the risk of market fluctuations. Additionally, the poverty rate of 12.6% is relatively low, suggesting a market with access to employment opportunities and a lower risk of tenant default.
What are the implications of the city's quality of life metrics for real estate investors?
+
The short average commute time of 13.9 minutes and high health insurance coverage rate of 93.5% suggest a high quality of life, which can attract and retain tenants. The top commute methods, including driving alone and carpooling, also indicate convenient access to employment opportunities. Furthermore, the relatively low poverty rate of 12.6% and high homeownership rate of 65.7% imply a stable and desirable community, making it an attractive investment destination.
Mason City IA Real Estate & City Facts
Key facts and real estate information about Mason City IA.
What are some of the best neighborhoods to live in Mason City?
+
Some of the best neighborhoods to live in Mason City include Eastbrooke, which is known for its friendly atmosphere and well-kept homes. Other desirable areas tend to be in the central parts of the city, while more affordable homes are in the northeast regions. Neighborhoods like Willow Creek are also popular for their quiet streets and convenient location.
What are some fun things to do in Mason City?
+
Mason City has a lot to offer when it comes to things to do. You can visit the Historic Park Inn Hotel, explore the Stockman House, or check out the Charles H. MacNider Art Museum. The city also has a number of parks and trails, including the Prairie Rock Trails, which are perfect for outdoor enthusiasts. If you're looking for something to do with the family, the Aquatic Center is a great option.
What is the food scene like in Mason City?
+
The food scene in Mason City is surprisingly vibrant, with a range of restaurants serving everything from classic American comfort food to Mexican and Italian cuisine. Some popular spots include The Quarry, The Blue Heron Bar & Grill, and Northwestern Steakhouse. There are also plenty of great food trucks and cafes, like Awe'z Sandwich Shop and Jitters Coffee Bar, that are perfect for a quick bite or coffee on the go.
What are the pros and cons of living in Mason City?
+
One of the pros of living in Mason City is its small-town charm and strong sense of community. The city also has a relatively low cost of living and a range of outdoor recreational opportunities. However, one of the cons is that the job market can be limited, and some residents may find the city a bit too quiet or slow-paced. Additionally, the city's economy has faced some challenges in recent years, which can impact the quality of life for residents.
Is Mason City a good place to live?
+
Overall, Mason City can be a great place to live for people who value a small-town lifestyle and a strong sense of community. The city has a lot to offer, from its historic architecture to its outdoor recreational opportunities, and it's a great option for families or retirees. However, it may not be the best fit for everyone, particularly those who are looking for a more fast-paced or urban lifestyle. Ultimately, whether or not Mason City is a good place to live depends on your individual priorities and preferences.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Mason City IA Commercial Property: $41,332
Advertisement
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
Advertisement
⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
⭐ Featured
Prime 15-Unit Multifamily Investment in Heart of San Francisco
$4,895,000
San Francisco
Multifamily
Cap Rate
%
NOI
$0
Size
8,225 SF
⭐ Featured
7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate
$2,100,000
Long Beach
Multifamily
Cap Rate
7.00%
NOI
$144,960
Size
6,074 SF
⭐ Featured
Prime Arcata Multifamily Value-Add: 126-Unit Garden Apartment with 8.67% Cap Rate
$12,750,000
Arcata
Multifamily
Cap Rate
8.67%
NOI
$99,999
Size
87,484 SF
Advertisement