118 N Federal Ave - Restaurant FOR SALE


Mason City, IA 50401
$129,000 USD
619-823-3402
118 N Federal Ave, Mason City, IA for Sale
$129,000 USD
Restaurant - FOR SALE
1/1
null | Request Cap Rate

118 N Federal Ave
Mason City, IA 50401


HIGHLIGHTS

  • The Central Business District has seen an influx of hundreds of new apartment buildings.
  • One storefront away from City Hall. City Hall is directly across Central Park from the World Famous Frank Loyd Wright Hotel.
  • Perfect location for a restaurant and rehab and develop residential on the second floor and potential to add a third floor.
  • City parking lot out the back door the the property.

OVERVIEW

One storefront away from City Hall. City Hall is directly across Central Park from the World Famous Frank Loyd Wright Hotel. One of the few remaining Wright designed hotels. The Central Business District has seen an influx of hundreds of new apartment buildings. Perfect location for a restaurant and rehab and develop residential on the second floor and potential to add a third floor. See attached conceptual plan. City parking lot out the back door the the property.

FOR SALE DETAILS

PRICE

$129,000 USD

PRICE/SF

$48 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

Z5

APN/PARCEL ID

07-09-235-00-600

ASK ABOUT THIS PROPERTY

Philip ChodurG8 Desing & Development Inc.More Info
619-823-3402

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Philip ChodurG8 Desing & Development Inc.More Info
619-823-3402

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