Contact us: 563.441.1776
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.
Property Highlights
Property Type: Commercial - Office
Building Description: 1.0 stories
Year Built: 1975
General Information
County: Linn
Listed By:
GLD COMMERCIAL
Angie Glick
319-731-3400
Cedar Rapids MLS
MLS ID: 2605152
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217 1st Street Nw, Mt Vernon, IA 52314.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $595,000 | $595,000 | $595,000 |
| Down Payment | $119,000 | $20,825 | $148,750 |
| Monthly Mortgage Amount | $2,970 | $3,597 | $3,736 |
| Taxes | $828 | $828 | $828 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $262 | $0 |
| Monthly Estimated Total | $3,972 | $4,861 | $4,738 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/29/2026. The listing information on this page last changed on 07/29/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 07/29/2026 4:30:27 AM EST) or MRED MLS (last updated Wed 07/29/2026 2:04:21 AM EST) or SCWMLS (last updated Tue 07/28/2026 11:54:34 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 07/28/2026 10:16:36 PM EST) or Cedar Rapids MLS (last updated Tue 07/28/2026 10:45:03 PM EST) or NEIRBR MLS (last updated Wed 07/29/2026 1:18:40 AM EST) or ICAAR MLS (last updated Tue 07/28/2026 11:37:27 PM EST) or ECIMLS (last updated Tue 07/28/2026 11:44:31 PM EST) or RMLSA (last updated Wed 07/29/2026 1:10:54 AM EST) or Muscatine MLS (last updated Wed 07/29/2026 2:00:12 AM EST) or No Coast MLS (last updated Wed 07/29/2026 12:44:20 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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