326 Main St, McGregor, IA 52157

326 Main St, McGregor, IA 52157
MLS ID #:
20183397

Property Address:
326 Main St
McGregor, IA 52157

County:
Clayton

Region:
Outside the Metro Area

Location:
Downtown

Miles to Airport:
6

Miles to Highway:
3

Miles to Highway:
US Hwy 18

Year Built:
1800

Property Type:
Commercial

Sub-Type:
Office/Retail

Building Description:
Multi-Tenant, 2 Story

Insulation:
Roof, Side Walls, Floors

Date Listed:
June 25th, 2018

Status:
Active

Price:
$165,000.00

Ownership:
Individual

Possession:
At Closing

Gross Taxes:
2684.00

Tax Year:
2018

Tax Incentives:
TIF District, In City Limit

Gross Op Income:
$6,300.00 Projected

Net Op Income:
$5,700.00 Projected

Gross Op Expense:
$600.00 Projected

Multi-Tenant:
Yes

Tenant Pays:
N/A

Possible Financing:
Cash Convention, Other Possible Financing

Sale/Rent:
For Sale

Terms/Lease:
N/A

Sale/Lease Type:
Normal Sale

For Sale:
Yes

Ivestment:
Yes

Avail at List Office:
Other Docs

Zoning:
Commercial

Potential Use:
Office, Retail, Other Potential Uses

Legal Desc:
JMJ ADDN. SW 1/2 LOT 7 & NE 1/2 LOT 8 BLK 7

Garage(s):
Yes

Amenities:
Cable, Fiber Optics, Computer Cabling

Included:
Land, Building

Total Avail Sq Ft:
2,000 sq ft

Total Building Sq Ft:
2,000 sq ft

Office SqFt:
880 sq ft

Retail SqFt:
880 sq ft

Lot Sq Footage:
2,000

Misc:
Close to Shopping, Near Recreation

Frontage/Access:
City Street, State Road

Exterior:
Brick, Aluminum

Roof Construction:
Comp Shingle

Wall Construction:
Brick

Floor Construction:
Wood, Tile/Vinyl, Carpeted, Concrete

Utilities Available:
Electric, Gas, Water, Sewer, Phone, Fiber Optics

Sewer Type:
City Sewer

Heating:
Forced Air, Hot Water, Individual Units, Propane

Cooling:
Central, Individual Units

Remarks: Here is your opportunity to own a commercial building on Main Street with multiple options for income. Lower level has retail store front with large picture window. This area can be used for multiple business types. The upstairs has over 1500SF of living space with a large deck off the back of the building. Use this area as your living space or rent it out as an apartment for additional income. The building has new windows, new siding, new roof, and the brick has been recently tuck pointed. Enjoy off street parking for tenants and business patrons. Also includes a large two car garage and shop area. This is your chance to own an investment property at a reasonable price!
Realtor/Equal Housing Lender Listing provided courtesy of Allen Real Estate Company, LLC.
Listing Agent: Ryan Johnson
IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed accurate by the MLS.

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