124 2nd Avenue NW Mt Vernon, IA 52314 Commercial - Business Pending

Pending
  • 124 2nd Avenue Nw, Mt Vernon, IA 52314 Main Photo

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Description

Currently zoned commercial, this stunning victorian is a charming piece of Mt. Vernon history. With some love this property could be restored for a variety of different purposes. Retail? Office? Mixed use? The main floor was last used as a restaurant with a bar space, side entrance and two bathrooms. On the second floor you find two ample sized 'bedrooms and a third non conforming with access to the sleeping porch off the back side of the property. The second floor also has a bathroom with a corner shower. The third floor offers time period appropriate roof lines with a main bonus space in the middle, a potential bedroom and a large bathroom. Don't miss the clawfoot tub and beautiful beadboard. For the right visionary this could be a great opportunity to invest in the historic and bustling town of Mt. Vernon, Iowa. Seller has recently modernized the HVAC system. Property sits just behind main street retail shops.

Property Highlights

Property Type: Commercial - Business
Year Built: 1900

General Information

County: Linn
Listed By:
Pinnacle Realty LLC 319-393-0900 Crystal Wherry
Cedar Rapids MLS
$157,000
Est. $1,051/mo
Pending
SQUARE FEET2,571 MLS#2601382
STATUSPending PROPERTY TYPECommercial - Business

Get in Touch

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Shown By

Agent Name: BERG Real Estate BERG Real Estate Team
Agent Phone: (309) 737-7444
Agency Title: Ruhl&Ruhl Realtors
Agent Email:

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124 2nd Avenue Nw, Mt Vernon, IA 52314.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $157,000$157,000$157,000
Down Payment $31,400$5,495$39,250
Monthly Mortgage Amount $733$900$954
Taxes $218$218$218
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$69$0
Monthly Estimated Total $1,051$1,287$1,272

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