217 1st St NW, Mt Vernon, IA 52314
217 1st St NW, Mt Vernon, IA 52314
217 1st St NW, Mt Vernon, IA 52314
217 1st St NW, Mt Vernon, IA 52314
217 1st St NW, Mt Vernon, IA 52314
217 1st St NW, Mt Vernon, IA 52314
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$ 595,000
Est. payment | /mo

4,361 Sqft Lot


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$ 595,000
Est. payment | /mo
Save

4,361 Sqft Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202604517

Year Built 1975

Annual Tax Amount $4,264

Tax Year 2024

Lot Size 4,361 Sqft

Acres 0.2

Property Sub-Type Retail

Property Description

A rare opportunity to transform one of Mount Vernon's most iconic historic buildings. Located in the heart of downtown, this former fire station offers exceptional potential for a brewery, restaurant, retail, office, or other commercial use. Ownership has completed significant due diligence, including a brewery/restaurant concept that was fully designed and previously approved by the City, saving a future owner valuable time and expense. The current owner also previously secured Grayfield and IDEA grants, adding significant value to the redevelopment process. The property features dedicated off-street parking and the opportunity for outdoor patio space—rare amenities for a downtown property. Architectural plans and renderings are available to qualified Buyers upon execution of an NDA. Owner may also consider leasing to a qualified tenant. Contact Listing Agent for additional information and showing instructions. One member of the ownership entity is a licensed real estate agent in the State of Iowa.

Location

State IA

County Linn

Zoning CBD

Direction Take Hwy 1 to 1st Street. Located next to the Mount Vernon Police Department and across from Mount Vernon Bank and Trust.

Interior

Heating Natural Gas

Cooling None

Flooring Concrete Slab Grade

Exterior

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, City Water

Roof Type Other

Building

Lot Size Range Less Than Half Acre

Structure Type Block

Others

Tax ID 17103-11010-00000

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Special Listing Condition Standard

Listed by GLD Commercial Real Estate Advisors

NEARBY SCHOOLS & PROPERTIES

JJ Johannes

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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217 1st St NW