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Historic Brick Mixed-Use Building
For Sale
$259,000

218 Main Street, Mc Gregor, IA 52157

Commercial zoning combines a leased storefront with three residential apartments.

Property Size1,300 SF
Price / SF$199.23
Days on Market195

Property Features for 218 Main Street

General Information

Standard status Active
Size 1,300 SF
Property subtype Multi Family / Apartment building
Zoning Commercial

Site & Location

Highway Access Yes
Road Access Yes

Units

Unit Mix 1 x 1BR/1BA, 1 x efficiency, 1 x 2BR/1BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $1,902

Amenities

Full, Other foundation
Propane
Forced air
sellers and renters personal property
Washer, Dryer, Microwave, 3 Stoves, 3 Refridgerators, window ac
1
3
Brick

Building Details

Year Built 1890
Buildings 1
Units 4
Construction brick
Tenancy Multi
Listing Agency: RE/MAX Gold
Listed By: Colton Day · License #110839-94
Source: Compass
Added: Feb 16 Changed: Aug 29 Last Checked: Aug 29 at 3:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Gold

Investment Insights

Based on property information with market context.

Built in 1890, this brick mixed-use property combines a ground-level commercial storefront with three residential apartments. The storefront is leased to a coffee shop, while the residential component includes a remodeled one-bedroom, one-bath apartment, an upstairs efficiency, and a two-bedroom, one-bath unit with interior stairs and a private balcony.

The building is located at 218 Main Street in downtown McGregor and carries Commercial zoning. Recent property updates include newer HVAC systems, roof work, and plumbing improvements. The apartments feature finishes described as rustic in keeping with the building’s character, and the property includes three stoves, three refrigerators, washers, dryers, microwaves, and window AC units.

Key Highlights

  • Three residential apartments plus a leased coffee shop storefront
  • 1,300 SF property at 218 Main Street, McGregor, IA 52157
  • 1890 construction with brick exterior

Property Analytics

Current Use

Cathy's Office Accounting Firm

Suggested Use

Top Pick Auto Repair Shop Storage Facility Garden Center (Bike/Boat/Book/etc) Store Real Estate Agency Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

146
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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial zoning combines a leased storefront with three residential apartments.
Where is this mixed-use property located?
The property is located at 218 Main Street Mc Gregor, IA.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Three residential apartments plus a leased coffee shop storefront; 1,300 SF property at 218 Main Street, McGregor, IA 52157; 1890 construction with brick exterior
More about this property
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