12 Federal Ave Mason City, IA 50401

This exceptional investment opportunity encompasses two buildings located at 12 S Federal Ave, Mason City, IA 50401, listed at $325,000. The main property, a 3,900 square foot storefront, enjoys a highly desirable location on the downtown Mason City plaza. The sale includes a second building (MLS# 240769, sold as a package deal), significantly enhancing the return on investment. The storefront offers considerable potential for a variety of retail businesses. Adding to the value, three apartments situated above the storefront are currently rented, providing a stable stream of rental income. This presents a unique chance to acquire a well-positioned retail space with additional income-generating residential units. The property is situated in Cerro Gordo County, Iowa, and boasts excellent visibility and accessibility. Note that three reserve buyers are in place until January 31, 2025. This package deal presents a compelling opportunity for investors seeking a strong return in a vibrant downtown location.