Vacant-User
Former US Bank | Redev Opportunity
555 S Illinois Ave, Mason City, IA 50401
Listing Price: $139,999
Gross SF
1,353
Rentable SF
1,353
Price/Gross SF
$103.47
Lot Size
0.36 acres
Year Built
1984
Investment Overview
Marcus & Millichap is pleased to present for sale a Former US Bank in Mason City, Iowa.
Former US Bank | Redev Opportunity
Investment Highlights
- Hy-Vee-Shadowed Former US Bank | Prime Re-Tenant or Redevelopment Opportunity | Mason City, Iowa
- Available for Sale or Lease | Contact Broker for Lease Rate
- Offered Well-Below Replacement Cost at Only $110 per Square Foot
- 1,353 Square Foot Brick Building | Includes Existing Drive-Thru | Ample Interior Space for Tenant | Highly Visible Monument Signage
- Prime Real Estate Seeing Over 16,000 Vehicles per Day | Located Just Off Signalized Intersection
- Minimal Drive-Thru Competition in Area | Complete Lack of QSR/Food/Retail Uses in Region | Over 10 Minutes Away from Mason City's Main Retail Corrido
- Directly Across from Mason City High School, Jefferson Elementary School, and NIA Community College | Over 4,325 Students | One of Only Two High Schools and Only College in Region
- Dense and Mature Demographics | Population Counts of 5,489 within One-Mile and 23,051 within Three-Miles | Average Household Income in Excess of $86,342 - Well Above National Average
Broker of Record
Financing By
Listing Price: $139,999
Gross SF
1,353
Rentable SF
1,353
Price/Gross SF
$103.47
Lot Size
0.36 acres
Year Built
1984
Investment Highlights
- Hy-Vee-Shadowed Former US Bank | Prime Re-Tenant or Redevelopment Opportunity | Mason City, Iowa
- Available for Sale or Lease | Contact Broker for Lease Rate
- Offered Well-Below Replacement Cost at Only $110 per Square Foot
- 1,353 Square Foot Brick Building | Includes Existing Drive-Thru | Ample Interior Space for Tenant | Highly Visible Monument Signage
- Prime Real Estate Seeing Over 16,000 Vehicles per Day | Located Just Off Signalized Intersection
- Minimal Drive-Thru Competition in Area | Complete Lack of QSR/Food/Retail Uses in Region | Over 10 Minutes Away from Mason City's Main Retail Corrido
- Directly Across from Mason City High School, Jefferson Elementary School, and NIA Community College | Over 4,325 Students | One of Only Two High Schools and Only College in Region
- Dense and Mature Demographics | Population Counts of 5,489 within One-Mile and 23,051 within Three-Miles | Average Household Income in Excess of $86,342 - Well Above National Average
Investment Overview
Marcus & Millichap is pleased to present for sale a Former US Bank in Mason City, Iowa.
Broker of Record
Financing By
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