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28534 Us 18 Mcgregor, IA 52157 • Commercial - Business • Active

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Description

Turnkey mixed-use investment on US-18 just west of McGregor combining a profitable diner/bar with a high-occupancy self-storage facility. Maggie's Diner offers approx. 2,100 SF with seating for ~75, full kitchen, bar, and catering operations. The storage component includes 91 units across multiple buildings with ~95?96% occupancy, generating consistent recurring income. Strong highway visibility and easy access support both uses. Ideal for investors seeking diversified income streams with upside potential or an owner-operator looking to offset operations with stabilized storage cash flow.

Property Highlights

Property Type: Commercial - Business
Building Description: 1.0 stories
Year Built: 2021
Lot Size: 2.00 acres

General Information

County: Clayton
Listed By:
Pinnacle Realty LLC 319-393-0900 Trev Adair
Cedar Rapids MLS
$8.29 / /per sqft
Est. $9,718/mo
New to the Market Active
SQUARE FEET2,100 MLS#2602682
STATUSActive PROPERTY TYPECommercial - Business

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Shown By

Agent Name: Curtis Dosland
 Agent Phone: (563) 212-0545
 Agency Title: Ruhl&Ruhl Realtors
 Agent Email:

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28534 Us 18, Mcgregor, IA 52157.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,485,000$1,485,000$1,485,000
Down Payment $51,975$0$297,000
Monthly Mortgage Amount $8,860$9,217$7,218
Taxes $2067$2067$2067
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $891$0$0
Monthly Estimated Total $12,251$11,717$9,718

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