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33841574
33840863

1902 Main Street, Granger, IA 50109

AM
IA s64811000
$350,000
2 days on market
Updated 2 days ago

1902 Main Street

Details
Property Type Retail, Multifamily
Sub Type Single Family Rental Portfolio, Restaurant
Square Footage 4,800
Year Built 1900
Buildings 1
Acreage 0.240
Zoning C, R
Ground Lease No

Prime Mixed-Use Opportunity

Marketing 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 $3,500/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.

Investment highlights

  • Prime mixed-use property in Granger’s Main Street location
  • Immediate cash flow with restaurant + residential income
  • Fully equipped Mexican restaurant (all equipment, tables & chairs included)
  • 2-bedroom apartment generating $3,500/month
  • Flexible options: owner-occupy, lease, or reposition
  • Month-to-month tenant open to staying
  • Strong opportunity for investors or owner-operators
  • Located in a growing Dallas County community
  • Turnkey setup with income from day one

💼 Rare combination of stability, flexibility, and upside potential

Listing Contacts

AM
IA s64811000

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Zoning

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C-3 CommercialCore CommercialCentral Business And Commercial District
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Last updated Mar 9, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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