Current Use by Public Records
- The Old Man River Restaurant & Brewery / Bar & Pub / Restaurant
Property Details for 123 A St
- Lot size
- 0.34 lot acres
- Property type
- Specialty properties
- Property subtype
- Retail properties & Spaces
Description
This exceptional property, located at 123 A St, McGregor, IA 52157, presents a unique investment opportunity. The 8,677 square foot mixed-use building, encompassing a destination restaurant and award-winning microbrewery, sits on a 0.34-acre lot (APN: 34-22-477-009). Built in 1880 and renovated in 2007, this two-story building boasts a rich history, listed on the National Register of Historic Places. The restaurant features approximately 2,482 square feet of space, seating approximately seventy-five guests indoors and an additional thirty on the outdoor patio. The custom-designed bar adds to the unique ambiance. The 3,713 square foot brew house includes state-of-the-art copper brew kettles from Vienna, Austria. Two fully furnished, high-end Airbnb units, complete with kitchens, fireplaces, bedrooms, and bathrooms offering stunning Mississippi River views, are included. Ample parking is available across the street and behind the building. The property benefits from McGregor's designation as an Iowa Cultural & Entertainment District, attracting over half a million annual visitors. This turnkey operation has earned prestigious awards, including 2019 & 2021 Business of the Year and the 2023 Best of the Best in Breweries. The asking price is $4,950,000. This is a chance to own a piece of Iowa history and a thriving business in a prime tourist location.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- McGregor
- County
- Clayton
- State
- Iowa
- Longitude
- -91.1749
- Latitude
- 43.0245
