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218 Main Street, 
Mcgregor, IA 52157

$265,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Colton Day

RE/MAX Gold

Last updated:

February 4, 2026, 09:21 PM

MLS#

2008334

Source:

WI WIREX SCW

About This Home

218 Main Street

Prime mixed-use investment opportunity in the heart of downtown McGregor. This historic brick building features a main-level commercial storefront currently leased as a coffee shop and three residential apartments, creating multiple income streams in a highly visible Main Street location. The residential layout includes a newly remodeled one-bedroom, one-bath unit on the main level, an upstairs efficiency apartment, and a two-bedroom, one-bath unit with interior stairs and a private balcony. All units are in great condition and offer rustic charm consistent with the building?s character. Well maintained with newer HVAC systems and recent roof and plumbing updates. When fully leased, the property offers gross rental potential of approximately $34,800 annually. Strong opportunity for investors seeking income and long-term value in a desirable river town with consistent tourism and small-business activity.

Home Facts

Multi-Family

Built in 1890

Price Summary

265,000

MLS #:

2008334

Last Updated:

February 4, 2026, 09:21 PM

Added:

4 month(s) ago


Structure

Structure

Year Built:

1890


Lot

Lot Size (Sq. Ft):

2,613


Finances & Disclosures

Finances

Price:

$265,000

Source:WI WIREX SCW
2026 Wisconsin Real Estate Exchange (WIREX) Information deemed reliable, but not guaranteed. This information, provided by seller, listing broker, and other parties, may not have been verified. Information is provided exclusively for consumers personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.