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114-118 St SW 12,928 SF 100% Leased Retail Building Mount Vernon, IA 52314 $595,000 ($46.02/SF)
Investment Highlights
- Strong visibility, walkability, and steady foot traffic along the community's primary commercial corridors
- Located in one of Eastern Iowa's most desirable small-town business environments
- Consistent activity from both residents and visitors
- Close proximity to Cornell College
Executive Summary
Downtown Mount Vernon is supported by a vibrant retail and dining scene, community events, and proximity to Cornell College. The area’s historic charm, limited commercial inventory, and strong local demographics make the property well-positioned for long-term occupancy and investment stability.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
12,928 SF
Year Built
1869
Price
$595,000
Price Per SF
$46.02
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.46
Lot Size
0.20 AC
Zoning
Comm
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $671,000 | |
| Land Assessment | $66,300 | Total Assessment | $737,300 |
Property Taxes
Parcel Numbers
Land Assessment
$66,300
Improvements Assessment
$671,000
Total Assessment
$737,300
Contacts
-
Tiffany Earl-Williams -
Josh Seamans -
Gabe Golberg -
Luke Rogers -
Phil Williams -
WSG CRE
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114-118 St SW
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