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1708 Jefferson Avenue Mount Vernon, IL 62864 Commercial - Office New

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Description

Rare opportunity to own a nearly 10,000 square-foot commercial building currently operating as a modern health and wellness destination. Designed to support a wide range of uses, the building is thoughtfully built out with multiple treatment rooms, offices, and flexible spaces ideal for medical, wellness, office, or multi-tenant configurations. The current setup supports services such as chiropractic services, massage therapy, float pods, saunas, hormone therapy, medical weight loss, aesthetics, IV therapy, and functional medicine-highlighting the property's ability to accommodate high-demand, service-based industries. The layout allows for seamless operation as a single-user facility or the ability to divide into multiple income-producing suites. A portion of the building is currently leased to an aesthetics tenant. Adding even more value, the property includes a separate 1,024 square-foot secondary building that has already been gutted and is ready for redevelopment. Offering nearly 10,000 square feet, this property is being offered at approximately $75 per square foot-an increasingly rare value for a building of this size and versatility. Whether you're an investor seeking a value-add opportunity, a business owner looking to expand, or a visionary ready to reposition a large commercial asset, this property delivers flexibility, function, and future potential.

Property Highlights

Property Type: Commercial - Office
Building Description: 1.0 stories
Year Built: 1970
Lot Size: 1.28 acres

General Information

County: Jefferson
Listed By:
CAPPS REALTY 618-204-5260
MRED MLS
$750,000
Est. $4,764/mo
New to the Market New
SQUARE FEET9,425 MLS#12619633
STATUSNew PROPERTY TYPECommercial - Office

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Ruhl&Ruhl Realtors
563.441.1776

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1708 Jefferson Avenue, Mount Vernon, IL 62864.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $750,000$750,000$750,000
Down Payment $150,000$26,250$187,500
Monthly Mortgage Amount $3,501$4,415$4,559
Taxes $1044$1044$1044
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$330$0
Monthly Estimated Total $4,764$6,008$5,822

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About this area

Iowa/Mount Vernon
Mount Vernon

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Find homes for sale in Mount Vernon, Iowa, and learn about the local community and real estate market.

Mount Vernon is located in Linn County, Iowa. This vibrant town of 4,500 is a college community with – in the words of Budget Travel Magazine – “great coffee, food with character, and shop owners with purpose.” Cornell College, a liberal arts institution with 1,200 students, sits at the center of town. With parks, small businesses, and historical sites, Mount Vernon is a great place to call home.

Ruhl&Ruhl Realtors has homes for sale in Mount Vernon, IA for you to choose from. Continue browsing this page to see all houses for sale and real estate options in Mount Vernon, Iowa. Mount Vernon is located in the Cedar Rapids area, within Linn County, IA. For more real estate options, view homes for sale in the Cedar Rapid’s area.

 

See more houses for sale in the Cedar Rapids, IA area.

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Nearest Ruhl&Ruhl Office
5805 Council St. NE, Suite A
Cedar Rapids, IA 52402
Phone Number: (563) 441-1776

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