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    Mount Vernon, IA
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    Mount Vernon, IA Restaurants for Sale

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    Lisbon, IA Cedar Rapids, IA Ely, IA Solon, IA Springville, IA Mechanicsville, IA Marion, IA West Branch, 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
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 11 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 2 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.

    Renovated Restaurant Condo
    Renovated Restaurant Condo

    A-796 11th St, Marion, IA 52302

    $725,000
    4,813 sqft

    Fully leased first-floor space includes a catering-size kitchen and an active five-year lease.

    View details
    Drive-Through Restaurant Business Sale
    Drive-Through Restaurant Business Sale

    101 Windflower Ln, Solon, IA 52333

    $75,000
    1,517 sqft

    Restaurant business and equipment for sale with a drive-through window, offered as a lease-assumption business opportunity.

    View details
    KFC Drive-Through NNN Property
    KFC Drive-Through NNN Property

    1925 7th Avenue, Marion, IA 52302

    $1,000,000

    Absolute net lease investment with scheduled 5% increases and a renovated restaurant building.

    View details
    Drive-Through Restaurant Business
    Drive-Through Restaurant Business

    101 Windflower Ln, Solon, IA 52333

    $75,000
    0.03 AC lot

    Business sale includes restaurant equipment and an assumable lease for the existing shopping center space.

    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.

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    Commercial Land with ILI Zoning
    Commercial Land with ILI Zoning

    1410 Adair Court SW lot: 2, Cedar Rapids, IA 52404

    $334,868
    1.23 AC lot

    1.23-acre development site near Eastern Iowa Airport with zoning supporting varied commercial uses.

    View details
    C-4 Commercial Development Lot
    C-4 Commercial Development Lot

    Kacena Rd lot: 15, Hiawatha, IA 52233

    $428,304
    2.07 AC lot

    Commercial land with preliminary plat, utility access, and entry from Kacena or Anchor Roads.

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    C-4 Commercial Development Site
    C-4 Commercial Development Site

    Stamy Rd lot: 2, Hiawatha, IA 52233

    $297,950
    1.44 AC lot

    C-4-zoned commercial parcel with municipal utilities, natural gas, electric service, and high-speed internet available.

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    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.

    100 1st SE St
    RESTAURANT

    100 1st SE St, Mount Vernon, IA 52314-1421

    Estimated value:
    $230,000
    1,864 sqft 0.06 AC lot
    View details
    102 Hwy 1st S
    DRIVE-THRU RESTAURANT, FAST FOOD

    102 Hwy 1st S, Mount Vernon, IA 52314-1580

    Estimated value:
    $460,000
    3,620 sqft 1.66 AC lot
    View details

    Mount Vernon, IA Restaurants Market Trends and Statistics

    Explore 3 restaurants 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 restaurant properties 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Mount Vernon submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    52314 $595K

    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)

    How Realmo verifies these figures

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