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Renovated Three-Story Mixed-Use Building
New
For Sale
$389,000

111 W Monroe Street, Mount Pleasant, IA 52641

Commercial Sale, Mount Pleasant, IA

Property SizeContact for details
Lot Size0.16 Acres
Days on Market3

Property Features for 111 W Monroe Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features On Street
Accessibility Accessible Elevator Installed
Directions Washington to Main. Main to Monroe.
Standard status Active
APN 411080925802600
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description ORIG W1/2 LT 8 & INT. IN W1/2 S16' EX N7' E9' LT 7 BLK 7
Tax Annual Amount 18116
Legal Description ORIG W1/2 LT 8 & INT. IN W1/2 S16' EX N7' E9' LT 7 BLK 7

Utilities

Heating system Forced Air
Water source Public

Amenities

community and event space

Building Details

Year built 1864
Number of units 5
Building materials Brick
Architectural style Other
Listing Agency: Meadow and Main Inc.
Listed By: Kevin Dameron · License #***
Added: Aug 20 Last Checked: Aug 22 at 7:06PM
MLS# 6341822

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.

The Union Block is a renovated three-story brick mixed-use property at 111 W Monroe Street in Mount Pleasant, Iowa. The building contains more than 15,000 square feet and accommodates retail space, professional offices, and a third-floor community and event area. An accessible elevator serves the building, while forced-air heating and public water support ongoing occupancy.

The property sits in downtown Mount Pleasant and includes on-street parking. Its upper level may support additional event rentals, professional occupancy, or possible residential conversion, subject to applicable approvals. The building’s rehabilitation retained its historic character while creating space for multiple commercial functions within a prominent downtown property.

Key Highlights

  • More than 15,000 square feet across three stories
  • Renovated brick mixed‑use building with retail and professional office space
  • Third‑floor community and event area

Property Analytics

Current Use

Retail space

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

639
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

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 - Renovated brick property combines retail, professional offices, and an event-oriented upper level.
Where is this mixed-use property located?
The property is located at 111 W Monroe Street Mount Pleasant, IA.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: More than 15,000 square feet across three stories; Renovated brick mixed‑use building with retail and professional office space; Third‑floor community and event area
More about this property
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