Advertise
    Mount Vernon, IA
    Mixed-Use

    Mount Vernon, IA Mixed-use Properties for Sale

    Notify Me
    List
    Map
    Lisbon, IA Cedar Rapids, IA Ely, IA Solon, IA Springville, IA Mechanicsville, IA Marion, IA Tipton, IA
    Historic Downtown Mixed-Use Building
    Updated: Jul 21
    Historic Downtown Mixed-Use Building

    217 1st St Nw, Mount Vernon, IA 52314

    $595,000
    4,361 sqft
    4,361‑square‑foot former fire station in downtown Mount Vernon
    Brewery and restaurant concept previously designed and approved by the City
    Architectural plans and renderings available to qualified buyers under NDA
    Dedicated off‑street parking included
    Outdoor patio space opportunity
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    217 1st St Nw, Mount Vernon, IA

    View Property Analytics

    • Est. Cap Rate

      7.4%
      Above avg (5.9%)

    • Est. NOI

      $44K
      Annual

    • Price @ 7% Cap

      $631K
      Above asking

    • Property Type

      Emergency
      Built 1975
    View Property Analytics
    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 1 Active listings in Mount Vernon, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Three-Level Live-Work Property
    Three-Level Live-Work Property

    2919 1st Ave SE, Cedar Rapids, IA 52403

    $475,000
    4,140 sqft 0.36 AC lot

    Flexible three-level layout combines office, residential, and meeting space with separate entrances and private restrooms.

    View details
    Mixed-Use Commercial Property For Sale
    Mixed-Use Commercial Property For Sale

    3414 Mt Vernon Road SE, Cedar Rapids, IA 52403

    $600,000
    4,116 sqft

    Mixed-use commercial property with 4,116 square feet available for sale.

    View details
    Mixed-Use Property with Restaurant Space
    Mixed-Use Property with Restaurant Space

    Iowa City, IA 52245

    $515,000
    0.07 AC lot

    Brick construction combines a commercial dining venue with a two-bedroom, two-bath residential condo.

    View details
    Peninsula Neighborhood Live/Work Property
    Peninsula Neighborhood Live/Work Property

    1010 Martin St, Iowa City, IA 52245

    $545,000
    1,119 sqft

    Live/work property with retail/office space and residential flat.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Mixed-Use Zoning
    Commercial Land with Mixed-Use Zoning

    1406 Adair Court SW lot: 3, Cedar Rapids, IA 52404

    $364,815
    1.34 AC lot

    ILI zoning is identified for retail, office, industrial, restaurant, and business-suite uses.

    View details
    Signalized Intersection Commercial Land
    Signalized Intersection Commercial Land

    1220 Jacolyn Drive SW, Cedar Rapids, IA 52404

    $1,100,000
    5.00 AC lot

    Five-acre commercial land parcel with suburban mixed-use community center zoning and signalized intersection access.

    View details
    Approved Redevelopment Land
    Approved Redevelopment Land

    Iowa City, IA 52240

    $4,750,000
    1.59 AC lot

    City approval supports residential redevelopment with required parking and bicycle facilities.

    View details
    Mixed-Use Development Land Parcel
    Mixed-Use Development Land Parcel

    Iowa City, IA 52246

    $1,000,000
    7.20 AC lot

    7.2-acre parcel with MU zoning, city utilities, and strong roadway traffic counts along Camp Cardinal Blvd.

    View details

    Off-Market Properties in Mount Vernon, IA

    Consider similar Off-Market properties in Mount Vernon, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    124 2nd NW Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    124 2nd NW Ave, Mount Vernon, IA 52314-1301

    $225,000
    Estimated value
    2,286 sqft 0.20 AC lot
    View details
    104 1st SW St
    OFFICE/RESIDENTIAL (MIXED USE)

    104 1st SW St, Mount Vernon, IA 52314-4706

    $240,000
    Estimated value
    2,640 sqft 0.07 AC lot
    View details
    110 1st SW St
    OFFICE/RESIDENTIAL (MIXED USE)

    110 1st SW St, Mount Vernon, IA 52314-1601

    $180,000
    Estimated value
    4,128 sqft 0.07 AC lot
    View details
    111 1st NE St
    OFFICE/RESIDENTIAL (MIXED USE)

    111 1st NE St, Mount Vernon, IA 52314-1422

    $205,000
    Estimated value
    1,080 sqft 0.14 AC lot
    View details
    202 7th NE St
    OFFICE/RESIDENTIAL (MIXED USE)

    202 7th NE St, Mount Vernon, IA 52314

    $245,000
    Estimated value
    4,944 sqft 0.55 AC lot
    View details
    103 A SE Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    103 A SE Ave, Mount Vernon, IA 52314-1400

    $240,000
    Estimated value
    4,270 sqft 0.18 AC lot
    View details

    Mount Vernon, IA Mixed-Use Properties Market Trends and Statistics

    Explore 7 mixed-use properties for sale in Mount Vernon, IA on our real estate platform. These investment opportunities span a total of 4,361 square feet of properties for sale, with an estimated market value of $595,000.

    Sale prices for multi use buildings in Mount Vernon, IA average $595,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Demographics Overview

    Population 6,048
    Population Growth (5Y) -1.2%
    Median Household Income $106,667
    College Educated 61.4%

    Taxes & Financing

    Tax Rate (average for all types) 2.35%
    Property Tax per SF $28.66 per SF
    Tax Rate vs County Average 0.65 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Linn County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Linn County

    Office

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Mixed-use properties for Sale Near Mount Vernon, IA

    Popular Searches in Mount Vernon, IA

    Most Searched ZIP Codes in Mount Vernon, IA

    • 52314

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!