Search
Brick Restaurant With Apartment
For Sale
$225,000
Pending

121 N Jefferson St., Mount Pleasant, IA 52641

COMMERCIAL - Other - Mount Pleasant, IA

Property SizeContact for details
Days on Market142

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.
Listed By: Dennis Ebersole · License #***
Added: Apr 3 Changed: Aug 19 Last Checked: Aug 22 at 1:06PM
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.

Located at 121 N. Jefferson St. in Mount Pleasant, Iowa, this conventional restaurant occupies a brick building constructed in 1875. The offering combines the restaurant operation with the real estate, equipment, and inventory, providing a single-package acquisition structure.

An upper-level two-bedroom apartment is included within the building. The property has forced-air heating, central air conditioning, public water service, and on-street parking. Its downtown Mount Pleasant setting places the restaurant within the city’s established central business area.

Key Highlights

  • Restaurant, building, equipment, and inventory included together
  • Upper‑level 2 bedroom apartment within the building
  • Brick construction with 1875 year built

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Carpet & Flooring Store

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

637
Businesses Nearby
25k
Monthly Visits Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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 - The offering includes the operating business, building, equipment, inventory, and an upper-level two-bedroom apartment.
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: Restaurant, building, equipment, and inventory included together; Upper‑level 2 bedroom apartment within the building; Brick construction with 1875 year built
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message