218 Main Street, McGregor, IA 52157 (MLS # 2016669)

Brought to you by Realty Executives Premier
Listed with RE/MAX Gold

Price $259,000
Status Active
Beds 3
Baths 0 Bath
Home size n/a
Lot Size 2,614 sqft
Prime mixed-use investment opportunity in the heart of downtown McGregor. This historic brick building features a main-level commercial storefront currently leased as a coffee shop and three residential apartments, creating multiple income streams in a highly visible Main Street location. The residential layout includes a newly remodeled one-bedroom, one-bath unit on the main level, an upstairs efficiency apartment, and a two-bedroom, one-bath unit with interior stairs and a private balcony. All units are in great condition and offer rustic charm consistent with the building's character. Well maintained with newer HVAC systems and recent roof and plumbing updates. When fully leased, the property offers gross rental potential of approximately $34,800 annually. Strong opportunity for investors seeking income and long-term value in a desirable river town with consistent tourism and small-business activity.
Property Type(s): Multi Family
Last Updated 2/17/2026 Year Built 1890
County Clayton

SCHOOLS

School District MFL MarMac
Elementary School Call School District
Jr. High School Call School District
High School Call School District

Additional Details

APPLIANCES Cooktop, Dryer, Microwave
BASEMENT Full, Yes
CONSTRUCTION Brick
LOT 2614 sq ft
MLS STATUS Active
PARKING Outside
SEWER Public Sewer
TAXES 1902
WATER Public
Listed with RE/MAX Gold

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