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Mixed-Use Diner and Self-Storage

28534 US 18 Mc Gregor, IA 52157

28534 US 18, Mc Gregor, IA, 52157
$1,485,000
For Sale
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$1,485,000

COMMERCIAL - McGregor, IA

Property Size2,100 SF
Lot Size2.00 Acres
Price / SF$707.14
AddedApr 16
Days on Market90
Last RefreshJul 14 at 6:06 pm

Property Features for 28534 US 18

General Information

Property type
Commercial Sale
Property subtype
Retail
Zoning
Comm
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

Building Details

Year built
2021
Flooring type
Concrete
Building materials
Frame, Pre Eng Steel
Roof type
Shingle, Metal

Listing agent Trev Adair License #322502720

Listing office Pinnacle Realty LLC 1110 Dina Ct Suite A, Cedar Rapids, IA

Listing date Apr 16, 2026

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 turnkey mixed-use property combines a restaurant/bar with a self-storage operation under one ownership. Maggie's Diner is approximately 2,100 square feet and includes seating for about 75, a full kitchen, a bar, and catering operations. The storage component features 91 self-storage units distributed across multiple buildings.

Located at 28534 US 18 in McGregor, Iowa (Clayton County), the site spans about 2 acres and is positioned just west of McGregor with access from US-18. The listing notes strong highway visibility and easy access supporting both the food service and storage uses. The property is under Comm zoning.

For tenants, operators, or investors seeking a diversified setup, the combination of a dine-in/bar concept with a high-occupancy self-storage component may help create steadier day-to-day operations than a single-use asset. The storage operation is described as running at approximately 95–96% occupancy, with recurring income characteristics, while the diner includes both standard service and catering capabilities. This is an option well-suited to an owner-operator looking to run the restaurant alongside the storage business, or to a buyer pursuing a turnkey, income-generating mixed-use property.

Key Highlights

  • Mixed‑use property built in 2021 on US‑18 just west of McGregor.
  • Maggie's Diner/bar: approx. 2,100 SF with seating for ~75, full kitchen, bar, and catering operations.
  • Self‑storage component with 91 units across multiple buildings and ~95–96% occupancy.

Property Analytics

Location Intelligence

Current Use by Public Records

Breakfast & diners

FAQs

What type of property is this?
Mixed-use property - Turnkey property on US-18 combining a diner/bar with high-occupancy self storage.
Where is this mixed-use property located?
The property is located at 28534 US 18 Mc Gregor, IA.
What is the asking price?
The asking price for this property is $1,485,000.
What are key features of this property?
This property features: Mixed‑use property built in 2021 on US‑18 just west of McGregor.; Maggie's Diner/bar: approx. 2,100 SF with seating for ~75, full kitchen, bar, and catering operations.; Self‑storage component with 91 units across multiple buildings and ~95–96% occupancy.
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