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404 S Monroe, MASON CITY, IA 50401

Cerro Gordo County

Key Facts

2,400Sq Ft
1961Year Built
1Stories

Description

One of the busiest corners in Mason City! Centrally located in a high traffic area. Parking in front & behind the building. Recently updated & remodeled basement. Large reception area, 5 offices and 2 bathrooms on the main floor. Lower level features an office, kitchen area, storage, and plenty of space to add more offices if needed. Single stall garage. New roof in 2023. Move in ready condition, alarm system included. Owner is a licensed real estate Broker in Iowa.

Property Information

Property Type

Commercial Sale

Sub-Type

Office

Style

1 Story

Year Built

1961

Stories

1

Living Area

2,400 sq ft

Zoning

Z4 - Multi-Use District

Days on Market

3

MLS® Listing#

260452

Property Features

Cooling

Central Air

Parking

Asphalt

Construction

BrickFrame

Roof

Asphalt

Utilities

Natural Gas Available

Sewer

Public Sewer

Water Source

Public

Financial Details

Annual Taxes

$3,674

Tax year 2024

Parcel Number

070940101000 & 070940100

Affordability Calculator

$33,000

Estimated monthly payment

$878/mo

Principal $132,000 · Est. interest $184,152 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in MASON CITY, IA

$280,602
Median Listing Price
65
Median Days on Market
1,684
Median Sq Ft
$152
Median Price / Sq Ft
773
Active Listings
  • This home’s price is 41% below the area median.
  • Its price per sq ft is 55% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in MASON CITY, IA.

Location

Map showing the location of 404 S Monroe, MASON CITY, IA 50401

Getting Around

Walk
Transit
Bike

Somewhat Walkable

Walk Score details ↗

Points of Interest in MASON CITY, IA

Showing the MASON CITY area map.

Nearby Schools

  • Hoover Elementary School

    Elementary · 0.9 mi away

  • Mason City Community School District

    School · 0.9 mi away

  • Lincoln Intermediate

    Secondary · 1.0 mi away

  • Roosevelt Elementary School

    Elementary · 1.0 mi away

  • North Iowa Christian School

    Elementary · 1.1 mi away

  • Madison Elementary School

    Elementary · 1.5 mi away

  • Harding Elementary School

    Elementary · 1.7 mi away

  • Mason City Seventh-Day Adventist Church

    School · 1.7 mi away

  • North Iowa Christian School

    School · 1.7 mi away

  • Newman Catholic School

    School · 1.8 mi away

  • Jefferson Elementary

    Elementary · 1.8 mi away

  • Alternative School

    Secondary · 2.0 mi away

  • John Adams Middle School

    Secondary · 2.0 mi away

  • Mason City High School

    Secondary · 2.1 mi away

  • Clear Lake High School

    Secondary · 7.9 mi away

  • Clear Lake Middle School

    Elementary · 8.0 mi away

  • Clear Lake Community School District

    School · 8.1 mi away

  • Clear Creek Elementary School

    Elementary · 8.3 mi away

  • Lake Town Charlie Brown

    School · 8.6 mi away

  • Central Springs High School

    Secondary · 9.6 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

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Moving Cost Estimate

EXIT Agents in MASON CITY

Listing Courtesy: HILDEBRAND REAL ESTATE - 6414235055

Presented by: TIMOTHY LATHAM

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Greater Mason City Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Greater Mason City Board of REALTORS®. All rights reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by MasonCity. MLS® Listing#260452. © 2026EXIT Realty®. All rights reserved.