107 E Madison St - 107 E Madison
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107 E Madison St - 107 E Madison
3,600 SF Health Care Building Offered at $176,900 in Mount Pleasant, IA 52641
Investment Highlights
- Private parking lot
- Solid foundation
- Rental income upstairs
Executive Summary
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.
Property Facts
| Price | $176,900 | Building Size | 3,600 SF |
| Price Per Bed | $58,967 | No. Beds | 3 |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Health Care | Year Built | 1897 |
| Lot Size | 0.14 AC |
| Price | $176,900 |
| Price Per Bed | $58,967 |
| Sale Type | Investment or Owner User |
| Property Type | Health Care |
| Lot Size | 0.14 AC |
| Building Size | 3,600 SF |
| No. Beds | 3 |
| No. Stories | 2 |
| Year Built | 1897 |
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PROPERTY TAXES
| Parcel Number | 411080925501400 | Improvements Assessment | $119,820 |
| Land Assessment | $22,190 | Total Assessment | $142,010 |
PROPERTY TAXES
Parcel Number
411080925501400
Land Assessment
$22,190
Improvements Assessment
$119,820
Total Assessment
$142,010
zoning
| Zoning Code | C - Commercial (C - Commercial; L - Residential 3+ Paving - Concrete 2,500 SF, Concrete Parking) |
| C - Commercial (C - Commercial; L - Residential 3+ Paving - Concrete 2,500 SF, Concrete Parking) |
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107 E Madison St - 107 E Madison
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