123 A St McGregor, IA 52157
This exceptional 6,739 sq. ft. restaurant and microbrewery in McGregor, IA, is a turnkey opportunity. Boasting multi-million dollar renovations, including custom copper brew kettles from Vienna, Austria, the property features a 2,482 sq. ft. restaurant with seating for 75+ inside and an additional 30 on a beautiful outdoor patio. A unique custom bar seats 20, and the 3,713 sq. ft. brew house completes this impressive operation. Ample parking is available across the street and behind the building. Located on the Great River Road National Scenic Byway, this property benefits from McGregor's thriving tourism industry, attracting over half a million visitors annually. The town's designation as an Iowa Cultural & Entertainment District further enhances its appeal. This historically significant building, listed on the National Register of Historic Places, was originally built in the 1880s by Diamond Jo Reynolds and served as his steamboat business headquarters. Recent accolades include 2019 & 2021 Business of the Year and the 2023 Best of the Best in Breweries award. This is a rare chance to own a piece of McGregor's rich history and a highly successful, award-winning business. The property is available for sale or lease.
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The Old Man River Restaurant & Brewery Bar & Pub Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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