About 218 Main Street
Prime investment opportunity in the heart of downtown McGregor! This income-producing building features three rental apartments and a beautifully renovated commercial space that is currently leased as a coffee shop. Two apartments and the commercial space are already occupied, with strong potential when fully rented. The building offers one efficiency unit and two larger apartments, all in good condition. Overflowing with historic charm and character, this property is perfectly situated on Main Street—just steps from shops, dining, and the Mississippi River. A rare chance to own a well-maintained, cash-flowing property in one of Northeast Iowa’s most vibrant river towns!
Features of 218 Main Street
| MLS® # | 2008335 |
|---|---|
| Price | $265,000 |
| Square Footage | 3,081 |
| Acres | 0.06 |
| Year Built | 1890 |
| Type | Business/Comm |
| Sub-Type | Retail, Office, Service, Restaurant/Supper Club, Tavern, Warehouse, Recreation, Motel/Hotel/Bed & Br |
| Status | Active |
| Detailed Status | Active |
| Net Taxes | $4,905 |
| Tax Year | 2024 |
Community Information
| Address | 218 Main Street |
|---|---|
| Area | Iowa State |
| City | McGregor |
| County | Clayton |
| State | IA |
| Zip Code | 52157 |
Amenities
| Features | Alley, Public rest rooms, Private Restrooms, Residential unit(s), Inside storage |
|---|---|
| Parking | 1-5 spaces |
Interior
Exterior
| Exterior | Brick |
|---|---|
| Roof | Rubber/membrane |
School Information
Additional Information
| Zoning | Commercial |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Assessed Value | $128,982 |
| Year Assessed | 2025 |
Open House Information
Listing Details
| Office | RE/MAX Gold |
|---|---|
| Contact Info | 608-306-2865 |