1104 N Federal Ave

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1104 N Federal Ave

Mason City, IA 50401
Asking Price
$900K
Asset Type
Convenience Store Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Convenience store asset available for purchase in Mason City
  • Located prominently at 1104 N Federal Ave in Iowa
  • Priced at 899999 dollars for the commercial property
  • Strategically positioned within a key regional north-central Iowa hub
  • Suitable for ongoing retail usage or similar commercial applications

What's Special

Retail operations benefit from the established footprint of this convenience store located at 1104 N Federal Ave in Mason City, Iowa. The property provides a functional layout suitable for continuing its current use or transitioning to a similar commercial retail application within this regional hub. Mason City serves as the primary economic center for north-central Iowa, supporting a consistent customer base and steady trade traffic. Investors and business owners looking to secure a foothold in a Midwestern market will find this location well-positioned to serve local residents and commuters alike. Its placement in the city offers access to the infrastructure required for efficient retail management and supply chain logistics. With its specific configuration, the site remains a practical asset for those seeking to maintain a retail presence in a stable community environment. The building dimensions and site orientation cater to high-frequency transaction environments, ensuring it functions effectively as a standalone convenience outlet.

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NOI
$80,000
Cap Rate
8.89%
DSCR
1.50
Strong
Cash-on-Cash
9.84%
Monthly Payment
$4,452.704
Annual Cash Flow
$26,567.552

Location & Travel Times