107 E Madison St., Mount Pleasant, Iowa 52641

IA, Mount Pleasant
$176,900
  • Commercial Sale Property Type
  • 1897 Year Built
  • Active Status
Property Description

Located in the bustling heart of downtown Mount Pleasant, IA, this prime commercial building offers an exceptional opportunity for investors and business owners alike. The main level of this well-maintained property currently serves as a modern doctor’s office, featuring an inviting reception area, multiple private exam rooms, and ample space for administrative functions. This setup is ideal for continuing healthcare services or could be easily adapted to suit a variety of professional businesses seeking a prestigious address in a central location. Upper level, the property boasts two attractive residential rental units, providing a steady income stream. The first is a cozy one-bedroom apartment complete with essential amenities and modern finishes. The second unit is a spacious two-bedroom apartment that offers a comfortable living space, enhanced by natural light and a thoughtful layout. This commercial building represents a unique investment in Mount Pleasant’s vibrant community, surrounded by thriving shops and local eateries.. With dual income potential from commercial and residential leases, this property promises to be a valuable addition to any real estate portfolio.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 6320026
  • Price: $176,900
  • Year Built: 1897
  • Status: Active
  • Office Name: Southeast Iowa Realty Inc
Features
  • Heating System Hot Water,Boiler
  • Cooling System Central Air,Window Unit(s)
  • Parking Other
  • Architectural Style Office
  • Sewer City Sewer/Connected
  • Utilities Heating Common,Electric Separate
Address Map
  • Country US
  • State IA
  • County Henry
  • City Mount Pleasant
  • Zipcode 52641
  • Street: Madison St.
  • Street Number: 107
  • Longitude: W92° 26' 53.2''
  • Latitude: N40° 58' 3.7''
  • Directions: Corner of E. Madison & N. Adams St.
  • Street Dir Prefix: E
  • Zoning: Business/Commercial, Residential-Multi-Family
Additional Information
  • Accessibility Features: Wheel Chair Ramp
  • Building Size: 3600
  • Current Use: Office
  • Lot Size Dimensions: 76x80
  • Number Of Units Total: 2
  • Possible Use: Office
  • Previous Price: 184900
  • Virtual Tour: https://picyourhouse.net/107-E-Madison-St/idx
  • Water Source: City Water/Connected
Financial
  • Tax Annual Amount: 3565
Map
Contact Agent
AJ Brown
A.J. Brown
Land & Farm Realtor
Phone: 641-680-9944
Fax: 641-664-3520

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