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615 S Monroe Ave 108,633 SF Industrial Building Mason City, IA 50401 $6,922,500 CAD ($63.72 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Zoned Industrial
  • Updated Interior and Floors

EXECUTIVE SUMMARY

This is an excellent opportunity to acquire a former retail building that has been converted into a light industrial space. (Z-6R) The main level features 91,221 square feet, which has been nicely updated with modern lighting, epoxy flooring, updated fire suppression systems, and fire alarms. The building includes contemporary offices on the main level as well as additional office space on the 17,412 square foot second level. Total SF of 108,633.
The space has a ceiling height of 25 feet to the deck and 13 feet 9 inches in the main floor area, though it could be adjusted if the production area does not require retail-sized HVAC systems. The property encompasses a large 10-acre site, with additional land available for purchase.
It offers excellent access on and off the site, with frontage on South Monroe and HWY 122.

PROPERTY FACTS

Price $6,922,500 CAD
Price Per SF $63.72 CAD
Sale Type Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 10.00 AC
Rentable Building Area 108,633 SF
No. Stories 1
Year Built 1985
Tenancy Single
Clear Ceiling Height 13’9”
No. Dock-High Doors/Loading 2
Opportunity Zone Yes
Zoning Z6 - Restricted Industrial

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 50,000-108,633 SF
  • Industrial
  • -
  • Now

Introducing an exceptional opportunity at 615 S Monroe, Mason City, IA 50401! This impressive 108,633 SF updated Tilt-up Concrete Building sits on a 10-acre lot, recently rezoned to Industrial Z6-R. Boasting high visibility and easy access, the property is ideal for various industrial uses. 25’ to roof deck and 13’9” to acoustic ceilings with updated lighting, epoxy floors, and 44’ x 34’ column spacing, the main level offers 91,221 SF of functional space complete with showroom, retail-sized heating/cooling. Additionally, the property includes a 17,412 SF mezzanine level with offices, production spaces, and modern amenities like updated fire suppression systems. Situated on two parcels totaling 10 acres, the site offers ample parking and room for expansion. Conveniently located on HWY 122, this property presents a prime investment opportunity at $5,000,000, priced at $46/SF or for lease at $5/SF NNN. Don't miss out on the chance to own a standout industrial property in a strategic location.

Space Size Space Use Condition Available
1st Floor 50,000-108,633 SF Industrial - Now

1st Floor

Size
50,000-108,633 SF
Space Use
Industrial
Condition
-
Available
Now

1st Floor

Size 50,000-108,633 SF
Space Use Industrial
Condition -
Available Now

Introducing an exceptional opportunity at 615 S Monroe, Mason City, IA 50401! This impressive 108,633 SF updated Tilt-up Concrete Building sits on a 10-acre lot, recently rezoned to Industrial Z6-R. Boasting high visibility and easy access, the property is ideal for various industrial uses. 25’ to roof deck and 13’9” to acoustic ceilings with updated lighting, epoxy floors, and 44’ x 34’ column spacing, the main level offers 91,221 SF of functional space complete with showroom, retail-sized heating/cooling. Additionally, the property includes a 17,412 SF mezzanine level with offices, production spaces, and modern amenities like updated fire suppression systems. Situated on two parcels totaling 10 acres, the site offers ample parking and room for expansion. Conveniently located on HWY 122, this property presents a prime investment opportunity at $5,000,000, priced at $46/SF or for lease at $5/SF NNN. Don't miss out on the chance to own a standout industrial property in a strategic location.

Bike Score®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-09-409-02-500
Land Assessment
$1,074,974 CAD
Improvements Assessment
$1,872,406 CAD
Total Assessment
$2,947,380 CAD
  • Listing ID: 35895546

  • Date on Market: 2025-05-16

  • Last Updated:

  • Address: 615 S Monroe Ave, Mason City, IA 50401

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