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111 W Monroe Street, Mount Pleasant, IA 52641

$389,000
  • 111 W Monroe Street, Mount Pleasant, IA 52641 Main Photo

18 Photos

Pending
MLS#6341822
STATUS PROPERTY TYPECommercial - Investment

Property Description

Own a piece of Mount Pleasant history with the iconic Union Block, a landmark property overlooking the heart of downtown. Originally constructed in 1861, this remarkable three-story building has played an important role in the community for more than 160 years. Its halls have welcomed historic figures including Frederick Douglass and Sojourner Truth, and in 1869, Arabella B. Mansfield took the bar examination here before becoming the first woman admitted to practice law in the United States. After years of deterioration and a devastating fire, Main Street Mount Pleasant stepped forward to save the Union Block, undertaking an extensive multimillion-dollar historic rehabilitation. Today, the over 15,000-square-foot building has been completely renovated while preserving the character and significance that make it irreplaceable. The property currently offers income-producing retail and professional office spaces, along with an impressive third-floor community and event space. That upper level also provides exciting potential for expanded event rentals, professional uses, or possible residential conversion. Main Street Mount Pleasant preserved this landmark for the next generation. Now, the opportunity exists for a new owner to take it from here?combining history, income, and future potential in one of downtown Mount Pleasant's most recognizable properties.

111 W Monroe Street | MLS# 6341822

This commercial property located at 111 W Monroe Street, Mount Pleasant, IA 52641 is currently listed for sale with an asking price of $389,000. Search Mount Pleasant real estate on www.trophypa.com today.

Property Features

Property Type: Commercial - Investment
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Mixed Use
Lot Size: 0.16 Acres
Taxes: $18,116
Year Built: 1864

Feature Descriptions

Accessibility Features: Accessible Elevator Installed
Current Use: Business, Commercial, Event Space, Food Service, Office, Professional Service, Restaurant
Days on Site: 67
Exterior: Brick
Lot Dimensions: 7137 Sq Ft
Parcel #: 411080925802600
Parking: On Street
Possible Use: Income, Office, Retail, Services, Other
Sale Includes: Event table and chairs, all kitchen equipment on 3rd floor
Sewer: City Sewer/Connected
SQFT Building Finished: 16875
Tenant Pays: Electricity, Fuel, Insurance, Janitorial Service, Sewer, Water
Units: 5
Utilities: Electric Separate, Heating Separate, Hot Water Separate
Water: Public

Listed By / Shown

Listed By

Agency Name: Meadow and Main Inc.
Agency Phone: 319-209-8089

Shown By

Agency Title: Trophy Properties and Auction
Agency Phone: (855) 573-5263

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