Skip to content
Photo 1 of 11
Photo 1 of 11 — 10 1st SE, MASON CITY, IA 50401
View all 11 photos

10 1st SE, MASON CITY, IA 50401

Cerro Gordo County

Key Facts

4,554Sq Ft
1978Year Built
1Stories

Description

Being sold as a package! Total of 6 parcels. History, location, and opportunity with excellent visibility. Be a part of the plaza- home to the only Frank Lloyd Wright Hotel in the World along with great places to eat, entertainment & several small businesses. Great place to start your own business, lease out spaces to others and possibly take advantage of Mason City's programs to help with the cost of updating. For many years the store fronts were the home to the Bergo family Mercantile stores. Properties include store fronts right on the plaza (some with apartments above) along with 2 other stores opening up to the mall entrance with long term tenants. New roof on 9 S Federal, 11 S Federal & 10 1st SE MLS #s 240773 240774 240775 240776 240777 all included in this sale.

Property Information

Property Type

Commercial Sale

Style

1 Story

Year Built

1978

Stories

1

Living Area

4,554 sq ft

Zoning

OTHER

Days on Market

606

MLS® Listing#

240777

Property Features

Cooling

Central Air

Utilities

Natural Gas Available

Sewer

Public Sewer

Water Source

Public

Financial Details

Annual Taxes

$3,330

Tax year 2023

Parcel Number

071015101500 071015101000

Affordability Calculator

$146,000

Estimated monthly payment

$3,885/mo

Principal $584,000 · Est. interest $814,732 over 30 yrs

Neighborhood Market Statistics

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

$280,602
Median Listing Price
65
Median Days on Market
1,684
Median Sq Ft
$152
Median Price / Sq Ft
773
Active Listings
  • This home’s price is 160% above the area median.
  • Its price per sq ft is 5% above the area median.

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

Location

Map showing the location of 10 1st SE, MASON CITY, IA 50401

Points of Interest in MASON CITY, IA

Showing the MASON CITY area map.

Nearby Schools

  • North Iowa Christian School

    Elementary · 0.7 mi away

  • Mason City Community School District

    School · 1.0 mi away

  • Roosevelt Elementary School

    Elementary · 1.0 mi away

  • Lincoln Intermediate

    Secondary · 1.1 mi away

  • Hoover Elementary School

    Elementary · 1.1 mi away

  • Mason City Seventh-Day Adventist Church

    School · 1.2 mi away

  • Harding Elementary School

    Elementary · 1.2 mi away

  • North Iowa Christian School

    School · 1.2 mi away

  • Jefferson Elementary

    Elementary · 1.4 mi away

  • Alternative School

    Secondary · 1.5 mi away

  • John Adams Middle School

    Secondary · 1.6 mi away

  • Mason City High School

    Secondary · 1.6 mi away

  • Madison Elementary School

    Elementary · 1.7 mi away

  • Newman Catholic School

    School · 2.3 mi away

  • Clear Lake High School

    Secondary · 8.4 mi away

  • Clear Lake Middle School

    Elementary · 8.5 mi away

  • Clear Lake Community School District

    School · 8.5 mi away

  • Clear Creek Elementary School

    Elementary · 8.8 mi away

  • Lake Town Charlie Brown

    School · 9.1 mi away

  • Central Springs High School

    Secondary · 9.4 mi away

Commute Calculator

Travel mode

Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

Moving Cost Estimate

EXIT Agents in MASON CITY

Listing Courtesy: HILDEBRAND REAL ESTATE - 6414235055

Presented by: TIMOTHY LATHAM

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#240777. © 2026EXIT Realty®. All rights reserved.