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28534 US 18McGregor, IA 52157

Commercial · 22,550 Sq. ft. | 2.00 Acres
$1,485,000 ACTIVE

28534 US 18 Overview

Time on Site:
73 days
Visits:
48

Maggie's Diner & Storage offers a unique opportunity to purchase a recognizable restaurant & catering business and complementary self-storage asset in one package. The property benefits from direct frontage along US-18, giving it strong visibility and convenient access for both restaurant patrons, wedding, birthday party and graduation events. Located within a few minutes of a major boat ramp for the mississippi river and units right sized for typical boats. The diner has an established local presence and is currently operating as a profitable business, while the self-storage facility provides steady supplemental income with occupancy of 94.51%.

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28534 US 18 Facts & Features

  • Type Commercial
  • Sq. ft. 22,550
  • Price/Sq.ft. $66
  • Lot 2.00 Acres

Details

General

Income/Expenses

  • Existing Lease Type: None
  • Gross Income: 98813
  • Net Operating Income: 91289
  • Operating Expense: 6504

Building Information

  • Year Built: 2021

Location/Region

  • County Or Parish: Clayton
  • Subdivision Name: Maggies Storage

Tax Information

  • Tax Annual Amount: 7766
  • Tax Assessed Value: 695835
  • Tax Year: 2024

General Information

  • Parcel Number: 0430376004
  • Property Sub Type: Office/Industrial
  • Property Type: Commercial Sale
  • Special Listing Conditions: Normal Sale
  • Zoning: Commercial

Interior

Parking Information

  • Garage: true

Building Interior

  • Building Area Total: 22550

Exterior

Parking Information

  • Open Parking Spaces: 60

Lot Information

  • Lot Size Acres: 2
  • Lot Size Square Feet: 87120

28534 US 18 Neighborhood

Community

52157 (MC GREGOR) Demographics

50
Median Age
32
Population Density (per sq. mile)
26%
College Educated
$41,942
Estimated Median Income
630
Estimated Total Home Owners
251
Estimated Total Renters
72% / 28%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

28534 US 18 Monthly Cost

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$
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

28534 US 18 Market Data

Based on the last 30 days in this zip code

$315,809
Average List Price
$272
Average Price per Square Foot
2
Properties Sold
219
Average Days on Market
21
Properties for Sale
Calculations provided by Reliance Network

28534 US 18 History

Date Event Value Agent
4/17/2026Source: Northeast Iowa Regional MLS Added to Database
April 17, 2026
4/16/2026Source: Cedar Rapids Area MLS Added to Database
April 16, 2026
Listing provided courtesy of Pinnacle RealtyNortheast Iowa Regional MLS- MLS# 20261576MLS Provider