218 Main ST, Mcgregor, IA 52157
218 Main ST, Mcgregor, IA 52157
218 Main ST, Mcgregor, IA 52157
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Listed by Colton Day • RE/MAX Gold
$259,000
Est. payment /mo
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2,613 Sqft Lot
Active

218 Main ST Mcgregor, IA 52157

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O'Connor Realty Group

O'Connor Realty Group

+1(715) 250-0738

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Municipality MCGREGOR

MLS Listing ID 2016669

Year Built 1890

Annual Tax Amount $1,902

Tax Year 2024

Lot Size 2,613 Sqft

Acres 0.06

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.

Location

State IA

County Clayton

Zoning Commercial

Direction 200 Block of McGregor's Main Street

Rooms

Basement Full

Interior

Heating Lp Gas, Lp Gas

Cooling Forced Air

Inclusions Washer, Dryer, Microwave, 3 Stoves, 3 Refridgerators, window ac

Exterior

Utilities Available Separate Electric Meters, Separate Gas Meters

Building

Building Age 21+ Years

Dwelling Type Apartment Building,2 Story

Story 1 - 2

Sewer Municipal Water, Municipal Sewer

Structure Type Brick

New Construction N

Schools

Elementary Schools Call School District

Middle Schools Call School District

High Schools Call School District

School District Mfl Mar Mac

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O'Connor Realty Group

O'Connor Realty Group

Business | License ID: 31657-91

+1(715) 250-0738

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