31
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$350,000
Est. payment /mo
2 Beds
1 Bath
4,800 SqFt
Active
1902 Main Street Granger, IA 50109
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Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $72
MLS Listing ID 741604
Style Two Story
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1900
Annual Tax Amount $4,600
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Residential
Property Description
Prime Mixed-Use Opportunity in Granger, Iowa, 1902 Main Street
Own a piece of Main Street. This turnkey commercial and residential building offers immediate cash flow with a fully equipped Mexican restaurant on the main level, all kitchen equipment, tables, and chairs included, and a 2-bedroom apartment upstairs currently generating $3,800/month on a month-to-month lease. The tenant is cooperative and open to staying, giving a new owner flexible options: operate the restaurant yourself, lease it out, or reposition the space entirely. Whether you're an investor looking for steady income or an entrepreneur ready to hit the ground running, this property delivers rare versatility in a growing Dallas County community. Opportunities like this don't come around often, and they don't last long. The list of the equipment will be on MLS shortly.
Own a piece of Main Street. This turnkey commercial and residential building offers immediate cash flow with a fully equipped Mexican restaurant on the main level, all kitchen equipment, tables, and chairs included, and a 2-bedroom apartment upstairs currently generating $3,800/month on a month-to-month lease. The tenant is cooperative and open to staying, giving a new owner flexible options: operate the restaurant yourself, lease it out, or reposition the space entirely. Whether you're an investor looking for steady income or an entrepreneur ready to hit the ground running, this property delivers rare versatility in a growing Dallas County community. Opportunities like this don't come around often, and they don't last long. The list of the equipment will be on MLS shortly.
Location
State IA
County Dallas
Area Granger
Zoning C, R
Interior
Heating Electric, Forced Air, Gas, See Remarks
Cooling Central Air
Fireplace No
Appliance See Remarks
Exterior
Roof Type Rubber
Private Pool No
Building
Entry Level Two
Foundation Brick/Mortar
Water Public
Level or Stories Two
Schools
School District Woodward-Granger
Others
Senior Community No
Tax ID 0812203013
Monthly Total Fees $383
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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