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.
Property Highlights
Property Type: Commercial - Business
Building Description: 1.0 stories
Year Built: 2021
Lot Size: 2.00 acres
General Information
County: Clayton
Listed By:
Pinnacle Realty LLC
Trev Adair
319-393-0900
Cedar Rapids MLS
MLS ID: 2602682
Shown By
Agent Name: Kathleen Cobler
Agent Phone: (563) 340-0815
Agency Title: Ruhl&Ruhl Realtors
Agent Email:
Get in Touch
Shown By
Agent Name: Kathleen Cobler
Agent Phone: (563) 340-0815
Agency Title: Ruhl&Ruhl Realtors
Agent Email:
Contact an agent to learn more about
28534 Us 18, Mcgregor, IA 52157.
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563-441-1862
toll free 866-441-1862
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $1,485,000 | $1,485,000 | $1,485,000 |
| Down Payment | $51,975 | $0 | $297,000 |
| Monthly Mortgage Amount | $8,978 | $9,340 | $7,412 |
| Taxes | $2067 | $2067 | $2067 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $891 | $0 | $0 |
| Monthly Estimated Total | $12,369 | $11,840 | $9,912 |
Kathleen Cobler
Cell: (563) 340-0815
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