2960 4th St SW - Restaurant FOR SALE


Mason City, IA 50401
$1,200,000 USD
641-430-7654
2960 4th St SW, Mason City, IA for Sale
$1,200,000 USD
Restaurant - FOR SALE
1/11
null | 7.83% Cap Rate

2960 4th St SW
Mason City, IA 50401


HIGHLIGHTS

  • Excellent visibility along a primary highway corridor with strong traffic counts
  • Ample paved parking and easy ingress/egress support daily customer flow
  • Surrounded by major national retailers, providing strong co-tenancy benefits
  • Fully leased commercial building in a high-profile location

OVERVIEW

This fully remodeled commercial property presents a rare investment opportunity in a highly trafficked Mason City corridor. Spanning 5,858 square feet with modern updates inside and out, the building features a new roof, updated equipment, and a refreshed layout. Currently operating as a restaurant with a longterm existing lease in place, investors can benefit from immediate income potential and the stability of a functional asset in a growing retail hub. Positioned along a major highway and surrounded by top retailers such as Menards, Target, and Fleet Farm, the property offers prime visibility and exceptional consumer traffic. Its stucco exterior and ample paved parking create a polished, accessible environment that can accommodate a variety of future uses beyond its current operation. Backed by strong demographics and proximity to Mason City’s established commercial network, this asset combines long-term upside with strong initial performance for investors seeking quality and location advantage.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$205 USD /SF

CAP RATE

7.83%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

199

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

Z4

APN/PARCEL ID

07-07-277-03-200

ASK ABOUT THIS PROPERTY

Krystle HesseRealty ONE Group MovementMore Info
641-430-7654

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Krystle HesseRealty ONE Group MovementMore Info
641-430-7654

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.