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28534 Us 18

Mcgregor, IA 52157
  • $1,485,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 2602682
UPDATED: 19 min ago
$1,485,000
  • 0
    BEDS
  • 2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,100
    SQFT
  • $707
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
2021
County:

School Ratings & Info

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.

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© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Key Realty. Data last updated: 2026-05-11T17:42:36.017.
www.buyandselliowa.com/homes/175278872
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28534 Us 18 Mcgregor, IA 52157

  • Price: $1,485,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 19 min ago
  • MLS #: 2602682
0
Beds
0
Baths
0
½ Baths
2
Acres
2,100
SQFT
$707
$/SQFT
2021
Built
Neighborhood:
OT-W (West Of I-380)
County:
Clayton
Area:
OT-W (West Of I-380)
Property 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.
Exterior Features

Construction Materials Frame Steel Parking Features Off Street Roof Asphalt Metal Shingle

Interior Features

Basement YN No Flooring Concrete Interior Features Storage Levels One

Property Features

Building Features Kitchen Facilities Multi- Tenant Private Restrooms Business Type Restaurant Storage Electric 220 Volts Inclusions Building Business Land Leasable Area 2100 Lease Amount 1450 Lease Considered YN Yes Possession Close Plus 30 Days Property Sub Type Business Property Sub Type Additional Business Retail Investment Sewer Septic Tank Tax Annual Amount 0 Tenant Pays Common Area Maintenance Electricity Gas Heat Insurance Janitorial Service Taxes Trash Collection Water Utilities Electricity Available Propane Water Source Well Zoning Comm Zoning Description Comm

Listing information © 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Trev Adair of Pinnacle Realty LLC: 319-393-0900.
© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Key Realty. Data last updated: 2026-05-11T17:42:36.017.
 
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Key Realty
4403 1st Av SE, #300
Cedar Rapids IA, 52402