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Remodeled Mixed-Use Building
For Sale
$199,000

113 N Jefferson Street, Mount Pleasant, IA 52641

Commercial Sale, Mount Pleasant, IA

Property SizeContact for details
Lot Size0.07 Acres
Days on Market93

Property Features for 113 N Jefferson Street

General Information

Property type Commercial Sale
Property subtype Other
Directions 113 N Jefferson St. - Off the square
Standard status Active
APN 411080918401400
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description ORIG N20'LT 7 BLK 4 ORIG N20'LT 7 BLK 4 (DUAL CLASS-M/R PT) (DUAL CLASS-COML PT)
Tax Annual Amount 2228
Legal Description ORIG N20'LT 7 BLK 4 ORIG N20'LT 7 BLK 4 (DUAL CLASS-M/R PT) (DUAL CLASS-COML PT)

Utilities

Heating system Forced Air
Water source Public

Amenities

off-street parking

Building Details

Year built 1890
Number of units 2
Building materials Brick
Architectural style Other
Listing Agency: Century 21/Property Professionals
Listed By: Brady Heuvelmann · License #716564000
Added: Jun 15 Changed: Sep 7 Last Checked: Sep 15 at 4:06PM
MLS# 6339349

Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 113 N Jefferson Street in Mount Pleasant, this brick mixed-use building combines commercial office space on the lower level with a separate apartment above. The office area has been updated with new flooring, ceilings, lighting, central air conditioning, and a furnace. A partially finished rear section provides additional storage or workspace. The upper-level apartment is currently leased, adding a residential income component to the property.

Built in 1890 on 0.07 acres, the property includes off-street parking behind the building. Additional physical features include forced-air heating and a public water supply. The combination of office and residential space supports continued mixed-use occupancy at a central Mount Pleasant address.

Key Highlights

  • Mixed‑use building at 113 N Jefferson Street, Mount Pleasant, IA 52641
  • Lower‑level office space updated with flooring, ceilings, lighting, central air conditioning, and furnace
  • Upper‑level apartment is currently leased

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Electrical Service Pharmacy Parking Lot & Garage Grocery & Convenience Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
1
Residential units

Location Intelligence

Trade Area within ½ mile

637
Businesses Nearby

Demographics for 52641, IA

12,920
Population
5,326
Households
2.4
Avg Household Size
39
Median Age
22%
College-Educated
89%
High-School Grad
211.8 sq mi
ZIP Area
61
Density / Sq Mi
$63,406
Median Household Income
$35,608
Median Earnings
$812
Median Rent
$164,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick commercial property combining updated office space, an upstairs apartment, and rear off-street parking.
Where is this mixed-use property located?
The property is located at 113 N Jefferson Street Mount Pleasant, IA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Mixed‑use building at 113 N Jefferson Street, Mount Pleasant, IA 52641; Lower‑level office space updated with flooring, ceilings, lighting, central air conditioning, and furnace; Upper‑level apartment is currently leased
More about this property
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