218 Main Street, Mcgregor, IA 52157
218 Main Street, Mcgregor, IA 52157
218 Main Street, Mcgregor, IA 52157
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Listed by RE/MAX Gold • 608-306-2865
$229,000
Est. payment /mo
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3 Beds
2 Baths
1,300 SqFt
Price Dropped by $30K

218 Main Street Mcgregor, IA 52157

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Realty Executives Cooper Spransy

Realty Executives Cooper Spransy

+1(608) 661-7900

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Key Details

Property Type Multi-Family

Sub Type Apartment building,2 story,Other

Listing Status Active

Purchase Type For Sale

Square Footage 1,300 sqft

Price per Sqft $176

MLS Listing ID 2016669

Bedrooms 3

Full Baths 2

Year Built 1890

Annual Tax Amount $1,902

Tax Year 2024

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type Apartment building,2 story,Other

Property Description

INVESTMENT OPPORTUNITY IN DOWNTOWN MCGREGOR! Located right on Main Street, this mixed-use property offers multiple income streams with commercial space on the main level and three residential apartments. When fully leased, the property offers gross rental potential of approximately $34,800 annually. Whether you're looking to expand your rental portfolio, operate your own business while generating rental income, or take on a value-add investment, this property offers plenty of potential in the heart of historic McGregor. The property is currently being offered AS-IS and has been priced to reflect its present condition. Known roof leakage is present, and the seller is offering buyers the opportunity to purchase at the current price before repairs are completed. If the seller elects to complete repairs, the listing price is subject to increase accordingly. Bring your ideas and take advantage of the opportunity to purchase this versatile Main Street property at its current AS-IS price.

Location

State IA

County Clayton

Area Iowa State

Zoning Commercial

Direction 200 Block of McGregor's Main Street

Rooms

Basement Full, Other foundation

Interior

Heating Forced air

Inclusions Washer, Dryer, Microwave, 3 Stoves, 3 Refridgerators, window ac

Heat Source Propane

Exterior

Parking Features Outside

Utilities Available Separate elec meters, Separate gas meters

Building

Water Municipal sewer, Municipal water

Structure Type Brick

Schools

Elementary Schools Call School District

Middle Schools Call School District

High Schools Call School District

School District Mfl Marmac

South Central Wisconsin MLS (SCWMLS)
This information, provided by seller, listing broker, and other parties, may not have been verified.
Copyright 2026 South Central Wisconsin MLS Corporation. All rights reserved

NEARBY SCHOOL & BUSINESS

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Realty Executives Cooper Spransy

Realty Executives Cooper Spransy

Broker License ID: 836020-91

+1(608) 661-7900

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