Property Description

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. Current owner also previously secured Grayfield and IDEA grants, adding significant value to the redevelopment process. Included: dedicated off-street parking and the opportunity for outdoor patio space—rare amenities for a downtown property. Architectural plans/renderings are available to qualified buyers upon execution of an NDA. Owner may consider a lease. Contact LA for additional info and showing instructions. A member of the ownership entity is a licensed Realtor in the state of IA.

Features
: Concrete
: Public Sewer
: Electricity Available, Natural Gas Available
Address Map
IA
Linn
Mt Vernon
52314
1st
217
Street
W92° 35' 4.9''
N41° 55' 18.2''
Take Hwy 1 to 1st Street. Located next to Mount Vernon City Hall and across from Mount Vernon Bank and Trust.
OT-E (East of I-380)
NW
CBD
MLS Addon
GLD COMMERCIAL
Angie Glick
Sqft0
Sqft0
Sqft0
Sqft0
Sqft0
Additional Information
Restaurant
: Steel, Block, Concrete
3 Phase
: One
.2 Ac
2026-07-21
1
1
https://www.propertypanorama.com/instaview/cdr/2605152
: Public
Financial
4264.0
Listing Information
Rachel Waters
watersrachel121
CGLDC
GLD COMMERCIAL
glickangie121
CGLDC
Cash, 1031 Exchange, Lease, Lease Option
Active
2026-07-21T17:23:51Z
CDR
2026-07-21T09:19:34Z

217 1st Street Nw, Mt Vernon, Iowa 52314 - Commercial Sale For Sale

217 1st Street Nw, Mt Vernon, Iowa 52314

4,361 Sqft
$595,000
Listing ID #2605152
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 2605152
Price : $595,000
Square Footage : 4,361 Sqft
Year Built : 1975
Lot Area : 0.20 Acre
Status : Active
F 150 : Off Street
Property Sub Type : Office
Roof : Membrane
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent