Brick Restaurant With
For Sale
$225,000
Pending
121 N Jefferson St., Mount Pleasant, IA 52641
Commercial Sale, Mount Pleasant, IA
Property SizeContact for details
Days on Market163
Property Features for 121 N Jefferson St.
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
On Street
Directions
From W. Washington St. north on Jefferson St. Property on the west side of the street.
Standard status
Pending
APN
411080918401100
Taxes and HOA fees
Tax Year
2025
Tax Description
ORIG S 23' N 30' LT 6 BLK 4 (DUAL CLASS-COML PT) (legal on abstract to govern)
Tax Annual Amount
2776
Legal Description
ORIG S 23' N 30' LT 6 BLK 4 (DUAL CLASS-COML PT) (legal on abstract to govern)
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1875
Number of units
2
Building materials
Brick
Architectural style
Other
Listing Agency:
Meadow and Main Inc.
(319) 209-8089
Listed By:
Dennis Ebersole · License #***
(319) 217-0658
Added: Apr 3
Changed: Sep 7
Last Checked: Sep 12 at 5:06AM
MLS# 6336918
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.
This conventional restaurant property in Mount Pleasant combines a brick building with an established dining operation and an upper-level two-bedroom apartment. The offering includes the restaurant building, equipment, and inventory, creating a combined commercial and residential configuration within one property. The building dates to 1875 and is served by forced-air heating, central air conditioning, and public water.
Located at 121 N Jefferson St. in downtown Mount Pleasant, the property provides on-street parking and an address within the city’s historic downtown area. The restaurant and apartment occupy the same building, offering a distinctive setup for an owner seeking commercial space with an attached residential component.
Located at 121 N Jefferson St. in downtown Mount Pleasant, the property provides on-street parking and an address within the city’s historic downtown area. The restaurant and apartment occupy the same building, offering a distinctive setup for an owner seeking commercial space with an attached residential component.
Key Highlights
- Conventional restaurant property at 121 N Jefferson St., Mount Pleasant, IA 52641
- Upper‑level 2‑bedroom apartment in the same building
- Restaurant building, equipment, and inventory included
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
637
Businesses Nearby
25k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 71%
Dining 23%
Electronics 7%
Mt Pleasant #1
Shops & Services
9,492 visits/mo
0.2 miles
SUBWAY
Dining
3,855 visits/mo
0.1 miles
Conoco
Shops & Services
3,336 visits/mo
0.1 miles
O'Reilly Auto Parts
Shops & Services
2,198 visits/mo
0.5 miles
U.S. Bank
Shops & Services
1,861 visits/mo
0.3 miles
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 Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Downtown restaurant property with an upper-level two-bedroom apartment and included business components.
Where is this conventional restaurant located?
The property is located at 121 N Jefferson St. Mount Pleasant, IA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Conventional restaurant property at 121 N Jefferson St., Mount Pleasant, IA 52641; Upper‑level 2‑bedroom apartment in the same building; Restaurant building, equipment, and inventory included
