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Mason City Iowa Medical Office 1420 4th St SE 5 336 pi² Vacant Bureau Immeuble Mason City, IA 50401 2 050 320 $ CAD (384,24 $ CAD/pi²)



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FAITS SAILLANTS DE L'INVESTISSEMENT
- Located In Mason City’s Healthcare Corridor – Minutes From MercyOne North Iowa Medical Center, Pharmacies, And Supporting Providers.
- Recent Capital Improvements Reduce Near-term Capex – Renovations Completed In 2017 Significantly Limit Deferred Maintenance And Improve Long-term
- Fully Renovated Medical / Behavioral Health Facility – Updated In 2017 With Modern Finishes, Functional Layouts, And Clinical-ready Infrastructure.
- Stable User Demand – Medical And Mental-Health Users Benefit From Strong Regional Need And Recession-resistant Occupancy Trends.?
- Positioned For Long-term Healthcare Growth – Mason City’s Aging Population And Strong Regional Reliance On Outpatient Services Provide Durable Occupan
- 5,336± SF on 1.23 Acres – Single-story Design With Efficient Space Utilization And Strong Parking Ratios.?
RÉSUMÉ DE L'ANNONCE
Marcus & Millichap is pleased to present 1420 4th St SE, a well-maintained 5,336± square-foot single-story medical/behavioral health facility situated on 1.23 acres in the East Mason City submarket. Originally built in 1955 and fully renovated in 2017, the building features efficient floor plans, strong clinical infrastructure, and ample on-site parking. The layout supports a variety of medical, counseling, or specialty practices, making it a versatile healthcare investment with stable long-term demand drivers.
The property sits within Mason City’s established medical and service corridor, benefiting from immediate access to 4th Street SE and close proximity to U.S. Highway 18. The surrounding area includes a concentration of healthcare providers, pharmacies, government offices, and neighborhood retail—creating steady daytime population and referral traffic. The site is positioned roughly five minutes from MercyOne North Iowa Medical Center, the region’s dominant hospital system.
This asset offers investors stable in-place medical tenancy along with proven functionality for healthcare users, supported by its high-quality renovations. The building’s flexible configuration provides potential for incremental leasing, specialization by a new operator, or conversion to a higher-acuity medical user. Long-term upside is supported by Mason City’s healthcare employment base, the area’s aging demographics, and continued demand for outpatient care facilities.?
Mason City is a regional hub serving more than 50,000 residents within a 10-mile radius, with strong employment concentration in healthcare, education, and manufacturing. The East Mason City submarket benefits from stable population trends, improving median household income, and consistent demand for affordable, accessible medical services. The property sits in an area with a Walk Score of 66 and a growing professional services base, reinforcing long-term tenant demand.?
The property sits within Mason City’s established medical and service corridor, benefiting from immediate access to 4th Street SE and close proximity to U.S. Highway 18. The surrounding area includes a concentration of healthcare providers, pharmacies, government offices, and neighborhood retail—creating steady daytime population and referral traffic. The site is positioned roughly five minutes from MercyOne North Iowa Medical Center, the region’s dominant hospital system.
This asset offers investors stable in-place medical tenancy along with proven functionality for healthcare users, supported by its high-quality renovations. The building’s flexible configuration provides potential for incremental leasing, specialization by a new operator, or conversion to a higher-acuity medical user. Long-term upside is supported by Mason City’s healthcare employment base, the area’s aging demographics, and continued demand for outpatient care facilities.?
Mason City is a regional hub serving more than 50,000 residents within a 10-mile radius, with strong employment concentration in healthcare, education, and manufacturing. The East Mason City submarket benefits from stable population trends, improving median household income, and consistent demand for affordable, accessible medical services. The property sits in an area with a Walk Score of 66 and a growing professional services base, reinforcing long-term tenant demand.?
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Type de propriété
Bureau
Sous-type de propriété
Médical
Taille du bâtiment
5 336 pi²
Classe d’immeuble
C
Année de construction/rénovation
1955/2017
Prix
2 050 320 $ CAD
Prix par pi²
384,24 $ CAD
Pourcentage loué
Vacant
Hauteur du bâtiment
1 étage
Superficie de plancher typique
5 336 pi²
Coefficient d’occupation des sols de l’immeuble
0,10
Taille du lot
1,19 AC
1 1
Impôts fonciers
| Numéro de lot | 07-11-182-01-900 | Évaluation des bâtiments | 1 301 803 $ CAD |
| Évaluation du terrain | 246 558 $ CAD | Évaluation totale | 1 548 361 $ CAD |
Impôts fonciers
Numéro de lot
07-11-182-01-900
Évaluation du terrain
246 558 $ CAD
Évaluation des bâtiments
1 301 803 $ CAD
Évaluation totale
1 548 361 $ CAD
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Mason City Iowa Medical Office | 1420 4th St SE
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