Wells Fargo Center

Office: Mixed Use

10 N Washington Ave, Mason City, IA 50401

2 photos

Property Details

Location

Address: 10 N Washington Ave, Mason City, IA 50401
County: Cerro Gordo
Submarket: —
Parcels: 070923700900
In Opportunity Zone: Yes

Building Size

Building Size: 39,650 SF

Building Details

Type: Office: Mixed Use
Number of Buildings: 1
Occupancy Type: Multi-tenant
Percent Occupied: 100%
Building Class: —
Building Status: Existing
Floors: 3
Year Built: 1994
Sprinklers: —
Primary Const.: Brick
Parking Ratio: —

Land & Utilities

Land (Acres): 0.85 Acres
Land (SF): 36,852 SF
Electricity: Yes
Sanitary Sewer: Yes
Water: Yes
Zoning: —
Lot Depth: —
Lot Width: —

Contacts

Current Listings

Wells Fargo Center

Office For Sale

39,650 SF$4,600,000

Cap Rate: 7.78%

This is the only "Class A" glass curtain wall building that resides in Mason Cities desirable downtown district. The 38,790 SF building is anchored by Wells Fargo bank with a drive thru, and other notable financial services tenants including but not limited to RSM, Thompson Companies, Etc. 18 months of gross rents will be escrowed for the vacant space at closing. If leased prior to 18 months 50% of that balance kept as a bonus to the buyer.

-1994 Build

-Anchored by Wells Fargo

-Stable financial services tenant mix 7 Main office tenants

-Well maintained building

-Stable location

-Below market rate rents

-1994 Build

-Anchored by Wells Fargo

-Stable financial services tenant mix 7 Main office tenants

-Well maintained building

-Stable location

-Below market rate rents

View Details

Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

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