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Improved Commercial Land for Sale in McGregor, Iowa

28534 US 18, McGregor, IA 52157

$1,485,000
2 acres
Active sale
Est $8,668/mo

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.

2,100
Sq feet
2021
Built

Location

Street address
28534 US 18
Community
OT-W (West of I-380)
Elevation
1,071 feet
Coordinates
43.0112, -91.2425

Property details

Acreage
2 acres
Zoning
Comm
MLS #
CRAAR 2602682
Posted

Parcels

  • 0430376004

Legal description

Details and features

Listing

Type
Commercial Sale
Subtype
Retail

Structure

Materials
Frame, Pre Eng Steel
Roof
Metal, Shingle

Interior

Flooring
Concrete

Listing history

DateEventPriceChangeSource
May 13, 2026New listing$1,485,000CRAAR
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This 2-acre property is located at 28534 US 18 in McGregor, IA 52157. The property is available for sale for $1,485,000. It has a 2,100 sq ft structure built in 2021.

Listed by Pinnacle Realty, (319) 350-9476

Checked 1 hour agoUpdated

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