Skip To Content

218 Main Street

Mcgregor, IA 52157
  • $265,000
  • STATUS: Active
  • ON SITE: 152 Days
  • ID#: 2008334
UPDATED: 70 min ago
$265,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1890
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by RE/MAX Gold: 608-306-2865

Description

Prime mixed-use investment opportunity in the heart of downtown McGregor. This historic brick building features a main-level commercial storefront currently leased as a coffee shop and three residential apartments, creating multiple income streams in a highly visible Main Street location. The residential layout includes a newly remodeled one-bedroom, one-bath unit on the main level, an upstairs efficiency apartment, and a two-bedroom, one-bath unit with interior stairs and a private balcony. All units are in great condition and offer rustic charm consistent with the building’s character. Well maintained with newer HVAC systems and recent roof and plumbing updates. When fully leased, the property offers gross rental potential of approximately $34,800 annually. Strong opportunity for investors seeking income and long-term value in a desirable river town with consistent tourism and small-business activity.

Monthly Payment Calculator



© 2026 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Klodowski Real Estate. Data last updated: 2026-02-08T23:41:16.49.
www.klodowskirealestate.com/homes/167747202
Print Image

218 Main Street Mcgregor, IA 52157

  • Price: $265,000
  • Status: Active
  • On Site: 152 Days
  • Updated: 70 min ago
  • ID#: 2008334
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1890
Built
Neighborhood:
Iowa State
County:
Clayton
Area:
Iowa State
Elementary School:
Call School District
Middle School:
Call School District
High School:
Call School District
School District:
Mfl Marmac
Property Description
Prime mixed-use investment opportunity in the heart of downtown McGregor. This historic brick building features a main-level commercial storefront currently leased as a coffee shop and three residential apartments, creating multiple income streams in a highly visible Main Street location. The residential layout includes a newly remodeled one-bedroom, one-bath unit on the main level, an upstairs efficiency apartment, and a two-bedroom, one-bath unit with interior stairs and a private balcony. All units are in great condition and offer rustic charm consistent with the building’s character. Well maintained with newer HVAC systems and recent roof and plumbing updates. When fully leased, the property offers gross rental potential of approximately $34,800 annually. Strong opportunity for investors seeking income and long-term value in a desirable river town with consistent tourism and small-business activity.
Exterior Features

Exterior Brick Parking Spaces Outside 3 Parking Stalls Inside 0 Type Apartment building2 storyOther Unit1 Parking Street Unit2 Parking Street

Interior Features

Basement FullOther foundation Clothes Dryers 1 Clothes Washers 1 Dish Washers 0 Heating Type Forced air Number Of Efficiencies 1 Number Of One Bedrooms 1 Number Of Three Plus Beds 0 Number Of Two Bedrooms 1 Refrigerators 3 Stoves 3 Unit1 Family/Rec rmEat-in kitchenBalcony/patioAir conditioningRange/ovenRefrigeratorWasher/dryerIndividual heat controlPrimary bedroom bathIn-unit laundryVaulted ceiling(s)Pantry Unit1 Bedrooms 2 Unit1 Full Baths 1 Unit1 Half Baths 0 Unit1 Kitchen Dim 12x16 Unit1 Living Great Room Dim 14x14 Unit1 Master Bedroom Dim 12x15 Unit1 Sq Ft 600 Unit2 Eat-in kitchenAir conditioningRange/ovenRefrigeratorVaulted ceiling(s) Unit2 Bedrooms 1 Unit2 Full Baths 1 Unit2 Half Baths 0 Unit2 Sq Ft 650 Unit3 Family/Rec rmAir conditioningRange/ovenRefrigeratorVaulted ceiling(s)Individual heat controlPrimary bedroom bathPantryShared basement Units With AC 4

Property Features

Association South Central WI City Town Or Village City Fuel Propane Furnaces 3 Legal Documents Condition report on file Mailing City McGregor Net Operating Income 0 Net Taxes 1902 Park Unit Outside Source Acreage Assessor Tax Year 2024 Total Expenses 0 Total Income 34800 Unit1 Rent 900 Unit2 Rent 900 Utilities Separate elec metersSeparate gas meters Water Heaters 3 Water Softeners 0 Water Waste Municipal sewerMunicipal water Year Built Source Assessor Zoning Commercial

Listing information © 2026 South Central Wisconsin MLS.
Listing provided courtesy of RE/MAX Gold: 608-306-2865.



© 2026 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Klodowski Real Estate. Data last updated: 2026-02-08T23:41:16.49.
 
https://bt-photos.global.ssl.fastly.net/madison/1280_boomver_1_2008334-2.jpg https://bt-photos.global.ssl.fastly.net/madison/1280_boomver_1_2008334-2.jpg https://bt-photos.global.ssl.fastly.net/madison/1280_boomver_1_2008334-2.jpg
Logo
Klodowski Real Estate
N8053 State Road 33, Suite 2
Beaver Dam WI, 53916
Listing provided by RE/MAX Gold: 608-306-2865