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Mixed-Use Property with Self Storage
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28534 US 18, Mc Gregor, IA 52157

Commercial, McGregor, IA

Property Size2,100 SF
Lot Size2.00 Acres
Days on Market135

Property Features for 28534 US 18

General Information

Property type Commercial Sale
Property subtype Retail
Zoning Comm
Directions W on Hwy 18 out of McGregor
Subdivision OT-W (West of I-380)
Standard status Active
APN 0430376004
Size 2,100 SF
Lot size 2.00 Acres

Taxes and HOA fees

Tax Description Lot 1 of 1 SE SW 30 95 3
Legal Description Lot 1 of 1 SE SW 30 95 3

Building Details

Year built 2021
Flooring type Concrete
Building materials Frame, Pre Eng Steel
Roof type Metal, Shingle
Listing Agency: Pinnacle Realty LLC
Listed By: Trev Adair · License #322502720
Added: Apr 16 Changed: Aug 19 Last Checked: Aug 28 at 10:06PM
MLS# 2602682

Copyright © 2026 Cedar Rapids Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property combines a diner/bar operation with a self-storage facility on a 2-acre commercial site. Maggie's Diner contains approx. 2,100 square feet, seating for ~75, a full kitchen, bar, and catering operations. The storage component consists of 91 units distributed across multiple buildings and reports ~95-96% occupancy.

Positioned on US-18 just west of McGregor, the property has highway visibility and access supporting both components. Construction materials include frame and pre-engineered steel, with concrete flooring and metal and shingle roofing. The building was constructed in 2021 and is zoned Comm.

Key Highlights

  • Mixed‑use property combines a diner/bar with self‑storage
  • Approx. 2,100 SF diner with seating for ~75
  • Full kitchen, bar, and catering operations included

Property Analytics

Current Use

Self storage facilities

Lease Details

96%
Occupancy
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 52157, IA

1,645
Population
841
Households
2
Avg Household Size
53
Median Age
18%
College-Educated
92%
High-School Grad
56.7 sq mi
ZIP Area
29
Density / Sq Mi
$56,875
Median Household Income
$49,402
Median Earnings
$744
Median Rent
$164,200
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Diner/bar operations and a high-occupancy storage component share one commercial property with highway access.
Where is this mixed-use property located?
The property is located at 28534 US 18 Mc Gregor, IA.
What are key features of this property?
This property features: Mixed‑use property combines a diner/bar with self‑storage; Approx. 2,100 SF diner with seating for ~75; Full kitchen, bar, and catering operations included
More about this property
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