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Mixed-Use Building with Apartment
New
For Sale
$185,000

126 MAIN Street N, Mount Pleasant, IA 52641

Commercial Sale, Mount Pleasant, IA

Property Size3,717 SF
Price / SF$49.77
Days on Market4

Property Features for 126 MAIN Street N

General Information

Property type Commercial Sale
Property subtype Other
Parking features On Street
Directions TRAVEL DOWN NORTH MAIN ST, BUILDING IS ON THE RIGHT
Standard status Active
APN 411080925900300

Taxes and HOA fees

Tax Year 2026
Tax Description ORIG N 20' S 39' LOT 1 BLK 9 (DUAL CLASS-COML PT)
Tax Annual Amount 2298
Legal Description ORIG N 20' S 39' LOT 1 BLK 9 (DUAL CLASS-COML PT)

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1890
Number of units 1
Building materials Brick
Architectural style Other
Listing Agency: Meadow and Main Inc.
Listed By: Samantha Westercamp
Added: Sep 29 Last Checked: Oct 2 at 6:06PM
MLS# 6343190

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 renovated brick mixed-use property combines an upstairs apartment with a ground-level commercial area. The residence measures 1,347 square feet and is currently rented; the business level provides 2,370 square feet. Forced-air heating and central air conditioning serve the building, which was built in 1890.

The property is at 126 Main Street N in Mount Pleasant, Iowa. Water service is public, and parking is on street. The commercial floor may remain in business use or be adapted for another commercial purpose.

Key Highlights

  • 1,347‑square‑foot upstairs apartment, currently rented
  • 2,370 square feet of commercial space on the main level
  • Renovated brick building with forced‑air heating and central air

Property Analytics

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Current Use

Storefront properties

Suggested Use

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

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

639
Businesses Nearby
22k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 67% Dining 26% Electronics 8%
Mt Pleasant #1 Shops & Services
9,492 visits/mo 0.3 miles
SUBWAY Dining
3,855 visits/mo 0.1 miles
Conoco Shops & Services
3,336 visits/mo 0.3 miles
U.S. Bank Shops & Services
1,861 visits/mo 0.2 miles
U.S. Cellular Electronics
1,683 visits/mo 0.1 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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - An occupied upper-level residence sits above a separate commercial floor with additional business space.
Where is this mixed-use property located?
The property is located at 126 MAIN Street N Mount Pleasant, IA.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: 1,347‑square‑foot upstairs apartment, currently rented; 2,370 square feet of commercial space on the main level; Renovated brick building with forced‑air heating and central air
More about this property
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