Updated 41 Minutes Ago
Location
Mason City, IA 50401, USA
Tour 122 1/2 A N Federal
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Amenities for 122 1/2 A N Federal
Features
| Three Floors |
Other
| Exterior Type: Brick Veneer |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
About 122 1/2 A N Federal
Property Status: Active 122 1/2 A N Federal Ave. Downtown Lease space available in the Historic Elks Club Building. Suite 122 1/2 A is the entire 3820 sq ft 3rd Floor Ballroom of the former Elks Club plus a 3 room mezzanine level of 1363 sq ft. Enormous Ballroom has wide open space with very panoramic views of Mason City. Great Opportunity! Total of 5183 sq ft of space. Use your imagination here. Could be an amazing artist studio, exercise, dancing, or karate studio. Or a wide open office/networking suite. So many possibilities! In addition to the large Ballroom, there are 3 more rooms that could be developed, plus it has bathroom facilities on the this level. All brand new windows and exterior entrance doors throughout the entire Building. Building has a new membrane roof. New full fire escape stairwell also. Lease rate $2950/month. Landlord pays gas, electric, and water. Landlord would consider negotiating some rent for Tenant Leasehold Improvements. Building is in the Downtown Opportunity Zone. Office Phone: (641) 424-9400 Copyright © 2026 Greater Mason City Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Source: Greater Mason City Board of Realtors|MLS Listing No. 260089
Address details
| Zip code | 50401 |
|---|---|
| Type | House for rent |
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Rent trends in Mason City
studio apartments at 122 1/2 A N Federal cost about 195% more than the average rent price for studio apartments in Mason City.
Median rents as of Oct 10 2026.
Mason City
| Month | Median Rent |
|---|---|
| April 2025 | $826 |
| May 2025 | $836 |
| October 2025 | $800 |
| November 2025 | $787 |
| December 2025 | $779 |
| January 2026 | $754 |
| February 2026 | $752 |
| March 2026 | $751 |
| April 2026 | $731 |
| May 2026 | $775 |
| June 2026 | $883 |
| July 2026 | $987 |
| August 2026 | $975 |
| September 2026 | $1,000 |
| October 2026 | $1,000 |
Affordability calculator
Can I afford to live at Mason City?
Bedrooms
StudioRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$118,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $118,000 annually to afford this studio monthly rent price of $2,950.
For more information on rent affordability, visit our rent calculator.
Schools near 122 1/2 A N Federal
Mason City Virtual Academy
1515 s pennsylvania ave
mason city, IA, 50401
K-12Public
Harding Elementary School
1239 n rhode island ave
mason city, IA, 50401
PK, K-4Public
B-
Getting around IA 50401 near Mason City
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for Mason City, IA 50401
Groceries
8/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
7/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
6/10
Variety of cafés within a short drive
Restaurants
7/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
6/10
At least one elementary school within a 15-minute walk
High schools
6/10
At least one high school within a 15-minute walk
Nightlife
6/10
Wide variety of bars within a short drive, including some within walking distance
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