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3-Unit Office Building
For Sale
$270,000

101 S Cherry Street, Mount Pleasant, IA 52641

Commercial Sale, Mount Pleasant, IA

Property Size4,800 SF
Lot Size0.42 Acres
Price / SF$56.25
Days on Market15

Property Features for 101 S Cherry Street

General Information

Property type Commercial Sale
Property subtype Other
Directions turn north off Washington onto Cherry Street
Standard status Active
APN 411081030600500
Lot size 0.42 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description E 106' N 174'10" OL 25 EX NE PT
Tax Annual Amount 5104
Legal Description E 106' N 174'10" OL 25 EX NE PT

Utilities

Heating system Forced Air, Baseboard
Water source Public

Amenities

wheelchair accessibility

Building Details

Year built 1967
Number of units 3
Building materials Brick
Architectural style Other
Listing Agency: Meadow and Main Inc.
Listed By: Chance Smith · License #***
Added: Oct 16 Changed: Oct 22 Last Checked: Oct 30 at 10:06AM
MLS# 6343772

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.

Rey
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Investment Insights

Based on property information with market context.

Built in 1967, this brick office property contains three units totaling 4,800 square feet. The building has baseboard and forced-air heating, public water, and wheelchair-accessible entry. A paved parking area is provided on site.

The property is located at 101 S Cherry Street in Mount Pleasant, Iowa.

Key Highlights

  • Three office units across 4,800 square feet
  • Brick construction; built in 1967
  • Wheelchair‑accessible entry

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick HVAC Service Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Barber Shop

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

3
Office units

Location Intelligence

Trade Area within ½ mile

436
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

Frequently Asked Questions

What type of property is this?
Office building - Wheelchair-accessible professional space includes paved on-site parking.
Where is this office building located?
The property is located at 101 S Cherry Street Mount Pleasant, IA.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Three office units across 4,800 square feet; Brick construction; built in 1967; Wheelchair‑accessible entry
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