$425,000

101 1st Street NE

Mt Vernon IA, 52314

Description

Once in a lifetime opportunity to purchase a thriving small town restaurant with ample modern living arrangements above. In the alternative this is an ideal investment for operating and/or leasing the Main Street Commercial Restaurant or other use, and living in or renting the spacious 4-Bed/2-Bath Apartment above. Lots of remodeling and updating to the Apartment/Restaurant including the Mechanicals and Infrastructure throughout. All equipment included in the sale. Minimum 24 Hrs Notice to Show.

Details

MLS#202004780
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1894
Days On Site58

Features

SQ Feet2,723
Story(s)1
ZoningCommercial

Market Activity 52314

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Area Information
StateIA
CountyLinn
CityMt Vernon
Zip Code52314
AreaOut Of Area
Listing VS Median (in 52314)
Price:
$425,000
low | high
Med:
$359,900
65.317647058824% of Average
SqFt:
2,723
low | high
Med:
2,565
55.802423797282% of Average
$ / SqFt:
$156
low | high
Med:
$140
60.101346175897% of Average
On Site:
58
low | high
Med:
198
29.292929292929% of Average
Listing Updated: 09/29/2020
CHRIS MOTTINGER LogoMLS Number: 202004780
Listing Provided By:
CHRIS MOTTINGER  of  Mottinger Real Estate Group
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Iowa City Area Association of Realtors