111 W Monroe Street Mount Pleasant, IA 52641 • Commercial - Investment $389,000

Description

Own a piece of Mount Pleasant history with the iconic Union Block, a landmark property overlooking the heart of downtown. Originally constructed in 1861, this remarkable three-story building has played an important role in the community for more than 160 years. Its halls have welcomed historic figures including Frederick Douglass and Sojourner Truth, and in 1869, Arabella B. Mansfield took the bar examination here before becoming the first woman admitted to practice law in the United States. After years of deterioration and a devastating fire, Main Street Mount Pleasant stepped forward to save the Union Block, undertaking an extensive multimillion-dollar historic rehabilitation. Today, the over 15,000-square-foot building has been completely renovated while preserving the character and significance that make it irreplaceable. The property currently offers income-producing retail and professional office spaces, along with an impressive third-floor community and event space. That upper level also provides exciting potential for expanded event rentals, professional uses, or possible residential conversion. Main Street Mount Pleasant preserved this landmark for the next generation. Now, the opportunity exists for a new owner to take it from here?combining history, income, and future potential in one of downtown Mount Pleasant's most recognizable properties.

Property Highlights