Introducing a prime investment opportunity in Mason City, IA!
Presenting Spring Harbor Office Building, located at 123 First St SE. This 9256 SF office building is fully leased, offering a solid $58,000 NOI with established tenants and the potential for further expansion with 1500 SF available. With an attractive 8.3% CAP rate, this property is a lucrative asset. Positioned close to downtown Mason City, this office space is highly sought-after for its convenient location and high tenant demand. This is a sound investment opportunity not to be missed. Whether you're looking to expand your real estate portfolio or secure a reliable income stream, this property offers both stability and growth potential.
Broker owned property and would consider management after the sale.
Conservative rents and should be solid for years to come.
Call with any questions! Brett Schoneman. 641-425-1233