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Breakfast and Diner Building
For Sale
$245,000

28534 US 18, Mc Gregor, IA 52157

Commercial, McGregor, IA

Property Size2,100 SF
Lot Size2.00 Acres
Price / SF$116.67
Days on Market146

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: Sep 4 Last Checked: Sep 8 at 7:06PM
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.

Built in 2021, this 2,100-square-foot restaurant property offers a dining area configured for approximately 75 guests, along with a full kitchen, bar, and catering operations. The building combines frame and pre-engineered steel construction with concrete flooring and a metal and shingle roof.

The property occupies 2 acres at 28534 US 18 in McGregor, Iowa, with highway visibility and convenient access. Commercial zoning supports its current restaurant-oriented configuration. The site is available for sale or lease, offering flexibility for continued food-service use or other commercial occupancy suited to the building.

Key Highlights

  • 2,100 SF restaurant building constructed in 2021
  • Seating for ~75 guests
  • Full kitchen, bar, and catering operations

Property Analytics

Current Use

Breakfast & diners

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby
Well-served
Demand for This Use

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Breakfast & diner - Commercial restaurant property with a full kitchen, bar, catering setup, and highway access.
Where is this breakfast & diner located?
The property is located at 28534 US 18 Mc Gregor, IA.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: 2,100 SF restaurant building constructed in 2021; Seating for ~75 guests; Full kitchen, bar, and catering operations
More about this property
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