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    113 1 St Mt NE Vernon, IA 52314

    Picture of Retail space at 1 St Mt NE 113, Vernon, IA
    For Sale
    Contact for pricing

    Business,Office,Retail - Mt Vernon, IA

    Property size:
    7,200 SF
    Lot size:
    0.40 Acres
    Days on Market:
    163
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 113 1 St Mt NE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C
    Rooms
    Basement
    APN
    17103-13008-00000
    Basement Y/N
    1
    Size
    7,200 SF
    Lot size
    0.40 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1930
    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Block, Concrete
    Roof type
    Membrane
    Architectural style
    Other

    Coldwell Banker Hedges (319) 367-8760 [email protected]

    Listing agent Samm Arends (319) 378-8760

    Listing date Jun 27, 2025

    MLS# 2402647 Listing URL

    Copyright © 2025 Cedar Rapids Area Association 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.

    Overview

    Downtown Mt Vernon Retail Opportunity

    This property presents a rare opportunity for lease in downtown Mount Vernon. The space offers a blank canvas, suitable for realizing various business concepts. Tenant improvement funds may be available. The property is zoned C. The building has 7200 square feet of living area and is situated on a 0.4-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Vernon
    County
    State
    Iowa
    Longitude
    -91.4409
    Latitude
    41.9456

    FAQs

    What type of property is this?
    Retail space - Blank canvas retail/office space in downtown Mt Vernon, Iowa.
    Where is this retail space located?
    The property is located at 113 1 St Mt NE Vernon, IA.
    What is the asking price?
    The asking price for this property is $7.
    What are key features of this property?
    This property features: - Rare opportunity to rent in downtown Mount Vernon.; - Tenant improvement funds may be available.; - **Blank canvas to customize for business needs.**
    (319) 378-8760
    Request Owner's contact information
    113 1 St Mt NE Vernon, IA 52314
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    Vernon, IA 52314
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    113 1 St Mt NE Vernon, IA 52314
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