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Photo 1 of 24 — 122 1/2 A N Federal Entire 3rd Floor plus Mezzanine Unit Entire 3rd Floor plus Mez, MASON CITY, IA 50401
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122 1/2 A N Federal Entire 3rd Floor plus Mezzanine Unit Entire 3rd Floor plus Mez, MASON CITY, IA 50401

Key Facts

1912Year Built
3Stories

Description

122 1/2A N Federal Ave. Downtown Lease space available in the Historic Elks Club Building. Suite 122 1/2A is the entire 3820 sq ft 3rd Floor Ballroom of the former Elks Club plus a 3 room mezzanine level of 1363 sq ft. Enormous Ballroom has wide open space with very panoramic views of Mason City. Great Opportunity! Total of 5183 sq ft of space. Use your imagination here. Could be an amazing artist studio, exercise, dancing, or karate studio. Or a wide open office/networking suite. So many possibilities! In addition to the large Ballroom, there are 3 more rooms that could be developed, plus it has bathroom facilities on the this level. All brand new windows and exterior entrance doors throughout the entire Building. Building has a new membrane roof. New full fire escape stairwell also. Lease rate $2950/month. Landlord pays gas, electric, and water. Landlord would consider negotiating some rent for Tenant Leasehold Improvements.

Property Information

Property Type

Commercial Sale

Sub-Type

Office

Style

3 Story

Year Built

1912

Stories

3

Zoning

Z3 - General Urban Distri

Days on Market

126

MLS® Listing#

260089

Property Features

Construction:
Brick
Utilities:
Natural Gas Available
Sewer:
Public Sewer
Water Source:
Public

HOA & Tax

Parcel #:
For Lease Only

Affordability Calculator

$590

Estimated monthly payment

$16/mo

Principal $2,360 · Est. interest $3,292 over 30 yrs

Neighborhood Market Statistics

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

$281,667
Median Listing Price
63
Median Days on Market
1,687
Median Sq Ft
$153
Median Price / Sq Ft
767
Active Listings
  • This home’s price is 99% below the area median.

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

Similar Homes Nearby

Moving Cost Estimate

Listing Courtesy: CENTURY 21 PREFERRED

Presented by: ROGER D FLIETH

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#260089. © 2026EXIT Realty®. All rights reserved.