Mixed-Use Building with
New
For Sale
$215,000
116 S Main Street, Mount Pleasant, IA 52641
COMMERCIAL - Other - Mount Pleasant, IA
Property SizeContact for details
Lot Size0.09 Acres
Days on Market6
Property Features for 116 S Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Business/Commercial
Directions
.
Standard status
Active
APN
411080940500800
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
ORIG N 25' S 43' ORIG N 25' S 43' LOT 3 BLK 10 LOT 3 BLK 10 (DUAL CLASS-COML PT) (DUAL CLASS-M/R PT)
Tax Annual Amount
2924
Legal Description
ORIG N 25' S 43' ORIG N 25' S 43' LOT 3 BLK 10 LOT 3 BLK 10 (DUAL CLASS-COML PT) (DUAL CLASS-M/R PT)
Utilities
Heating system
Forced Air
Water source
Public
Building Details
Year built
1887
Number of units
3
Building materials
Brick
Architectural style
Other
Listing Agency:
Cottage Realty
(319) 385-3243
Listed By:
Renee Smith · License #***
(319) 931-3996
Added: Aug 3
Changed: Aug 4
Last Checked: Aug 8 at 12:06PM
MLS# 6341182
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.
Built in 1887, this brick mixed-use property places a commercial storefront on the main level and two one-bedroom apartments upstairs. The ground floor provides over 3,600 finished square feet, along with a large display window, newer flooring, and exposed brick detailing. Each apartment includes appliances, while the residential spaces feature updated kitchens and bathrooms, plus exposed brick walls and newer washer and dryer equipment.
The property occupies 0.09 acres at 116 S Main Street in downtown Mount Pleasant, Iowa. It is served by public water, uses forced-air heat, and carries Business/Commercial zoning. A lower-roof replacement is planned by the seller, with the stated repair value exceeding $20,000.
The property occupies 0.09 acres at 116 S Main Street in downtown Mount Pleasant, Iowa. It is served by public water, uses forced-air heat, and carries Business/Commercial zoning. A lower-roof replacement is planned by the seller, with the stated repair value exceeding $20,000.
Key Highlights
- Over 3,600 finished square feet on the main commercial level
- Two upstairs one‑bedroom apartments
- Business/Commercial zoning
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
626
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Brick commercial property combines a street-level storefront with residential units above.
Where is this mixed-use property located?
The property is located at 116 S Main Street Mount Pleasant, IA.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Over 3,600 finished square feet on the main commercial level; Two upstairs one‑bedroom apartments; Business/Commercial zoning
