28534 US 18, Mc Gregor, IA 52157

Building Details

Year built

2021

Flooring type

Concrete

Building materials

Frame, Pre Eng Steel

Roof type

Metal, Shingle

Listing agent Trev Adair License #322502720 Show Phone

Listing office Pinnacle Realty LLC d***@pinnaclerealtyia.com 1110 Dina Ct Suite A, Cedar Rapids, IA Show Phone

Listing date Apr 16, 2026

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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.

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Overview

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.

Map

City

Mc Gregor

County

Clayton

State

Iowa

Longitude

-91.2139

Latitude

43.0056

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.