217 1st St NW, Mt Vernon

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Sale Price $595,000 - MLS: 202604517

A rare opportunity to transform one of Mount Vernon's most iconic historic buildings. Located in the heart of downtown, this former fire station offers exceptional potential for a brewery, restaurant, retail, office, or other commercial use. Ownership has completed significant due diligence, including a brewery/restaurant concept that was fully designed and previously approved by the City, saving a future owner valuable time and expense. The current owner also previously secured Grayfield and IDEA grants, adding significant value to the redevelopment process. The property features dedicated off-street parking and the opportunity for outdoor patio space—rare amenities for a downtown property. Architectural plans and renderings are available to qualified Buyers upon execution of an NDA. Owner may also consider leasing to a qualified tenant. Contact Listing Agent for additional information and showing instructions. One member of the ownership entity is a licensed real estate agent in the State of Iowa.

      
Directions: Take Hwy 1 to 1st Street. Located next to the Mount Vernon Police Department and across from Mount Vernon Bank and Trust.

Property Details

MLS #: 202604517
Sale Price: $595,000
Year Built: 1975
Sq Ft: 4361.0
Business: Office Building, Retail
Construction: Block
Floor Type: Concrete Slab Grade
Financing:
Utilities: Electricity Available, Natural Gas Available, Sewer Available, City Water
Acreage: 0.2
Lot:
Frontage: County Road, Paved
Energy Generation:
Heat/Cooling: Natural Gas, None

Information deemed reliable but not guaranteed


Who To Contact

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Edge Realty Group

319-351-3355
 
info@edge-realtygroup.com


 Listing Office: GLD Commercial Real Estate Advisors - Agent: Angie Glick - Information furnished by Iowa City Area Association of Realtors