218 Main Street Mc Gregor, IA ^$ 265,000

218 Main Street

^$ 265,000

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218 Main Street

Mc Gregor, IA, 52157

^$ 265,000

Bedrooms-- Baths-- Sq 3,081

Monthly Estimate*

^$ 1,653

Listed by RE/MAX Gold

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Commercial Property for sale in Mc Gregor, IA

for $265,000. This 3,081 square foot building was built in 1890.

Prime investment opportunity in the heart of downtown McGregor! This income-producing building features three rental apartments and a beautifully renovated commercial space that is currently leased as a coffee shop. Two apartments and the commercial space are already occupied, with strong potential when fully rented. The building offers one efficiency unit and two larger apartments, all in good condition. Overflowing with historic charm and character, this property is perfectly situated on Main Streetâjust steps from shops, dining, and the Mississippi River. A rare chance to own a well-maintained, cash-flowing property in one of Northeast Iowaâs most vibrant river towns!

Commercial Active

Price

^$ 265,000

Property Type

Commercial

Taxes

^$ 4,905

Style

Apartment building,Beauty/barber,Church,Commercial

Year Built

1890

Town/City

Mc Gregor

County/Region

Clayton

MLS | Web ID

2008335

Features

General

Lease Type Annual Month to month Multiple years

Features Alley Public rest rooms Private Restrooms Residential unit(s) Inside storage

Roof Rubber/membrane

Zoning Commercial

Occupancy Tenant(s)

Tenant Pays Air Conditioning Electric Heat Parking Snow removal

County Clayton

Miscellaneous Internet - 5G Installed Internet -Fiber Available

Class Business/Comm

Present Use Retail Apartment building Living quarters

Net Income 0

Location Business district Near Major Highway

Tax Year 2024

Gross Income 0

Fuel Liquid propane

Status Active

Status Detail 0

Year Built 1890

Directions 200 Block of McGregor's Main Street

City McGregor

DOM 94

Price Per Sq Ft Total AG 86.01

Interior

Basement Full Other foundation

Total Number of Units 4

Heating/Cooling Central air Forced air Window AC

Stories 2

Exterior

Exterior Brick

Lot Size Area 0.06

Lot Dimensions 25x100

* Excluded Features

List By

Re/Max Gold

Broker

(641) 208-7552

Phone

coltondayproperties@gmail.com

Affordability Calculator

$2,062

Per Month

Monthly Principal & Interest: $1,653
Monthly Property Taxes: $409
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Mc Gregor, IA

Average List Price ^$219,667

Percent of Sale Price 17%

About Mc Gregor, IA

1,871 Population

-4% Since 2002

^$48,079 Median Income

47.71 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1568291 Elementary School

1568554 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/9/2025	$265,000		Listed Price

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218 Main Street, Mc Gregor, IA, 52157 is a Commercial Property for sale at $265,000 with 3,081 sqft. 218 Main Street was built in 1890. The property's zip code is 52157 which is in Mc Gregor, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the South Central Wisconsin Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the SCWMLS approved logo and detailed information about them includes the name of the listing brokers.

The information being provided is 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.

This information, provided by seller, listing broker, and other parties, may not have been verified.

Data is updated as of 12/14/2025.

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218 Main Street

Commercial Property for sale in Mc Gregor, IA

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