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218 Main Street

Mcgregor, IA 52157
  • $265,000
  • STATUS: Active
  • ON SITE: 92 Days
  • ID#: 2008335
UPDATED: 29 min ago
$265,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,081
    SQFT
  • $86
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1890
County:
Area:

School Ratings & Info

Listing provided by RE/MAX Gold: 608-306-2865

Description

Prime investment opportunity in the heart of downtown McGregor! This income-producing building features three rental apartments and a beautifully renovated commercial space that is currently leased as a coffee shop. Two apartments and the commercial space are already occupied, with strong potential when fully rented. The building offers one efficiency unit and two larger apartments, all in good condition. Overflowing with historic charm and character, this property is perfectly situated on Main Street"just steps from shops, dining, and the Mississippi River. A rare chance to own a well-maintained, cash-flowing property in one of Northeast Iowas most vibrant river towns!

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© 2025 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: 2025-12-11T13:41:25.813.
www.klodowskirealestate.com/homes/167747223
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218 Main Street Mcgregor, IA 52157

  • Price: $265,000
  • Status: Active
  • On Site: 92 Days
  • Updated: 29 min ago
  • ID#: 2008335
0
Beds
0
Baths
0
½ Baths
0.06
Acres
3,081
SQFT
$86
$/SQFT
1890
Built
Neighborhood:
Iowa State
County:
Clayton
Area:
Iowa State
Property Description
Prime investment opportunity in the heart of downtown McGregor! This income-producing building features three rental apartments and a beautifully renovated commercial space that is currently leased as a coffee shop. Two apartments and the commercial space are already occupied, with strong potential when fully rented. The building offers one efficiency unit and two larger apartments, all in good condition. Overflowing with historic charm and character, this property is perfectly situated on Main Street"just steps from shops, dining, and the Mississippi River. A rare chance to own a well-maintained, cash-flowing property in one of Northeast Iowas most vibrant river towns!
Exterior Features

Building Parking 1-5 spaces Exterior Brick Location Business districtNear Major Highway Roof Rubber/membrane Type RetailOfficeServiceRestaurant/Supper ClubTavernWarehouseRecreationMotel/Hotel/Bed & BrkfstGrocerySchoolChurchDay careBeauty/barberApartment buildingCommercial CondoSelf storage

Interior Features

Basement FullOther foundation Ceiling Height Max 10 Ceiling Height Min 8 Commercial Features AlleyPublic rest roomsPrivate RestroomsResidential unit(s)Inside storage Heating Cooling Forced airCentral airWindow AC Seating Capacity 21-30 persons Unit1 Gross Sq Ft 600

Property Features

Annual Operating Expenses 0 Business Sale No City Town Or Village City Documents On File Lease(s)Property Condition Report Fuel Liquid propane Gross Operating Income 0 Lease Only No Lease Type Month to monthAnnualMultiple years Licenses None Mailing City McGregor Miscellaneous Internet -Fiber AvailableInternet - 5G Installed Net Operating Income 0 Net Taxes 4905 Occupancy Tenant(s) Present Use RetailApartment buildingLiving quarters Real Estate Sale Yes Sale Includes Lease(s) Source Sq Ft List Agent Tax Year 2024 Tenant Pays HeatAir ConditioningElectricSnow removalParking Unit1 Annual Rent Per Sq Ft 1.5 Water Waste Municipal waterMunicipal sewer Year Built Source Assessor Zoning Commercial

Listing information © 2025 South Central Wisconsin MLS.
Listing provided courtesy of RE/MAX Gold: 608-306-2865.



© 2025 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: 2025-12-11T13:41:25.813.
 
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Klodowski Real Estate
N8053 State Road 33, Suite 2
Beaver Dam WI, 53916
Listing provided by RE/MAX Gold: 608-306-2865