Commercial Sale
- 1st St NW, Mt Vernon, Iowa 52314
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Description

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.

Property Description

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.

Basic Details
Property Type:
Commercial
Listing Type:
Sale
Listing ID:
202604517
Price:
$595,000
Lot Size:
0.20 Acre
Country:
US
State:
IA
County:
Linn
City:
Mt Vernon
Zipcode:
52314
Features
Heating:
Natural Gas
Cooling System:
No
Roof:
Other
Construction:
Block
Address Map
Street Number:
217
Street:
1st St NW
Floor Number:
0
Longitude:
W92° 34' 53.4''
Latitude:
N41° 55' 24.2''
More Information
Office Name:
GLD Commercial Real Estate Advisors
Directions:
Take Hwy 1 to 1st Street. Located next to the Mount Vernon Police Department and across from Mount Vernon Bank and Trust.
Zoning:
CBD
LA1Agent Logon Name:
i2925
LA1Agent First Name:
Angie
LA1Agent Last Name:
Glick
LO1Main Office ID:
IGLD
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
Angie Glick
GLD Commercial Real Estate Advisors
Additional Details
No
Block
07/21/2026
Take Hwy 1 to 1st Street. Located next to the Mount Vernon Police Department and across from Mount Vernon Bank and Trust.