Mixed-Use Diner and
28534 US 18 Mc Gregor, IA 52157
For Sale
$1,485,000
COMMERCIAL - McGregor, IA
Property Size2,100 SF
Lot Size2.00 Acres
Price / SF$707.14
Days on Market99
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 Agency:
Pinnacle Realty LLC
(319) 393-0900
Listed By:
Trev Adair · License #322502720
(319) 350-9476
Added: Apr 16
Changed: Jun 8
Last Checked: Jul 23 at 5:06PM
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 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.
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.
