Mason City Federal Plaza

Mason City, Iowa

Mason City’s historic Federal Plaza outdoor courtyard and surrounding buildings connect to MSCC’s Main Street Xperience (MSX). Federal Plaza properties being acquired include stabilized commercial storefronts and second floor residential units.

mason city federal plaza at night
mason city federal plaza during daytime

Project Details

  • 28,000 sq. ft. mixed-use property adjacent to MSX and Mason City
    Hyatt Place.
  • Purchased at attractive cap rate based on current cash flows.
  • Planned restoration of historic storefronts and workforce housing.
  • Total investment is approximately $5.6M.