107 E Madison St - Health Care FOR SALE


Mount Pleasant, IA 52641
$176,900 USD
319-209-8089
107 E Madison St, Mount Pleasant, IA for Sale
$176,900 USD
Health Care - FOR SALE
1/37
null | Request Cap Rate

107 E Madison St
Mount Pleasant, IA 52641


HIGHLIGHTS

  • Private parking lot
  • Rental income upstairs
  • Solid foundation

OVERVIEW

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 MountPleasant’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.

FOR SALE DETAILS

PRICE

$176,900 USD

PRICE/SF

$49 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

107 E Madison

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1897

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,080 SF

ZONING

C - Commercial

APN/PARCEL ID

411080925501400

ASK ABOUT THIS PROPERTY

Samantha JohnsonSoutheast Iowa Realty IncMore Info
319-209-8089

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Samantha JohnsonSoutheast Iowa Realty IncMore Info
319-209-8089

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.