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1902 Main St, Granger, IA, 50109

2beds
1baths
4,800sqft
$340,000
$71price/sqft
$2,706/moest. monthly cost
$108,240/yrincome needed

About This Home

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.

Getting Around

25
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Brick/Mortar
  • Roof: Rubber
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Two Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: See Remarks

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Heating & Cooling

  • Heating features: Electric,Forced Air,Gas,See Remarks
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,800
  • Total interior livable area: 4,800 sqft

Property

Details

  • Parcel number: 0812203013
  • Zoning: C, R

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 10,454 sqft