CLOSINGS: View Closings

New life for downtown Mason City hotel

Finally sold after sitting empty for years.

Posted: Jul 27, 2019 7:37 PM
Updated: Jul 28, 2019 10:14 AM

MASON CITY, Iowa – A downtown hotel that has sat empty for years has been sold.

Americas Best Value Inn at 24 5th Street SW in Mason City was white tagged by city housing officials in mid-November 2016 after they said an investigation into complaints about mold discovered people were living at the hotel long term. All residents were told to move out by December 1, 2016.

The building was eventually boarded up. Now, Brett Schoenman of Schoenman Realtors says the property has been bought for $350,000. Schoenman says they’re not immediately identifying the new owners but plans are for the hotel to be renovated and rebranded as an Econolodge.

"This will provide much-needed hotel rooms in an affordable price range," says Schoenman.

Construction is expected to begin soon.

Article Comments

Mason City
Overcast
17° wxIcon
Hi: 22° Lo: 15°
Feels Like: 17°
Albert Lea
Overcast
14° wxIcon
Hi: 20° Lo: 15°
Feels Like: 14°
Austin
Overcast
19° wxIcon
Hi: 23° Lo: 16°
Feels Like: 19°
Charles City
Overcast
18° wxIcon
Hi: 22° Lo: 15°
Feels Like: 9°
Rochester
Overcast
19° wxIcon
Hi: 21° Lo: 14°
Feels Like: 9°
Slick roads this AM, another cloudy day
KIMT Radar
KIMT Eye in the sky

Latest Video

Image

Fire engulfs Blooming Prairie business

Image

Fire at The Bakery in Blooming Prairie

Image

Contaminated Drinking Water

Image

Soldiers Field Park Track update

Image

Sara's Daybreak Forecast - Tuesday

Image

RCTC remembers Kobe Bryant

Image

Nywesh hits game-winning basket as Austin stuns Mayo

Image

Chris' PM Weather Forecast 1/27

Image

Breaking down caucus candidates

Image

Intercultural cities initiative

Community Events