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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/moTurnkey 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
- County
- Clayton County
- Community
- OT-W (West of I-380)
- Elevation
- 1,071 feet
Property details
- Acreage
- 2 acres
- Zoning
- Comm
- MLS #
- CRAAR 2602682
- Posted
Parcels
- 0430376004
Legal description
Lot 1 of 1 SE SW 30 95 3
Details and features
Listing
- Type
- Commercial Sale
- Subtype
- Retail
Structure
- Materials
- Frame, Pre Eng Steel
- Roof
- Metal, Shingle
Interior
- Flooring
- Concrete
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 13, 2026 | New listing | $1,485,000 | — | CRAAR |
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