Skip To Content

    87 1st St

    Mcgregor, IA 52158
    • $425,000
    • STATUS: Active
    • ON SITE: 32 Days
    • ID#: 1919657
    UPDATED: 53 min ago
    $425,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,262
      SQFT
    • $38
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1890
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Re/Max Ridge-N-River

    Description

    Magnificent brick building located in Marquette, Iowa. Sitting along the Mississippi, walking distance to shops, casino, boat landing and more. Already a great income producing property with potential to significantly increase revenue. There are 8 occupied apartments and 1 that needs a little TLC to make it 9 total among the 3 stories. Coin operated washer and dryer on the 2nd floor add extra income. On the second floor you'll also find a section of the old hotel, currently used for storage, with a little work it would be stunning and functional. Anyone in the area knows if your looking for a hearty breakfast or a great burger Marquette Cafe is the place to go. The full bar and fully equipped kitchen can serve many people and have a great staff. Many rental units adds great income!

    Monthly Payment Calculator



    © 2021 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or HomeTeam4u | Stark Company Realtors. Data last updated: 2021-10-16T07:41:28.347.
    www.hometeam4u.com/homes/121384948
    Print Image

    87 1st St Mcgregor, IA 52158

    • Price: $425,000
    • Status: Active
    • Updated: 53 min ago
    • ID#: 1919657
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    11,262
    SQFT
    $38
    $/SQFT
    1890
    Built
    Neighborhood:
    Iowa State
    County:
    Clayton
    Area:
    Iowa State
    Property Description
    Magnificent brick building located in Marquette, Iowa. Sitting along the Mississippi, walking distance to shops, casino, boat landing and more. Already a great income producing property with potential to significantly increase revenue. There are 8 occupied apartments and 1 that needs a little TLC to make it 9 total among the 3 stories. Coin operated washer and dryer on the 2nd floor add extra income. On the second floor you'll also find a section of the old hotel, currently used for storage, with a little work it would be stunning and functional. Anyone in the area knows if your looking for a hearty breakfast or a great burger Marquette Cafe is the place to go. The full bar and fully equipped kitchen can serve many people and have a great staff. Many rental units adds great income!
    Exterior Features

    Building Parking 11-20 SpacesOffsiteOnsitePaved Exterior BrickStucco Location Business DistrictCornerFree StandingNear Major Highway Roof MetalPartially FlatRubber/Membrane Type RetailOfficeRestaurant/Supper ClubTavernMotel/Hotel/Bed &Amp; BrkfstSchoolDay CareBeauty/BarberApartment BuildingCommercial Condo

    Interior Features

    Ceiling Height Max 15 Ceiling Height Min 8 Commercial Features Public Rest RoomsPrivate RestroomsInside StorageOutside Storage Heating Cooling Forced AirCentral AirWindow AcWall Ac Seating Capacity 31-50 Persons Unit1 Gross Sq Ft 0

    Property Features

    Business Sale Yes City Town Or Village City Documents On File Property Condition Report Fuel Liquid Propane Lease Only No Lease Type Month To Month Licenses BeerFoodLiquorWine Mailing City Mcgregor Miscellaneous Internet - Satellite/Dish Net Taxes 3068 Occupancy Tenant(S) Present Use Restaurant/Supper ClubApartment Building Real Estate Sale Yes Sale Includes Business NameLease(S)EquipmentInventoryReceivablesCustomer ListSignsFurnitureOther Source Sq Ft Appraiser Tax Year 2021 Tenant Pays Electric Unit1 Annual Rent Per Sq Ft 0 Water Waste Municipal WaterMunicipal Sewer Year Built Source Appraiser Zoning C-2

    Listing information © 2021 South Central Wisconsin MLS.
    Listing provided courtesy of Re/Max Ridge-N-River.



    © 2021 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or HomeTeam4u | Stark Company Realtors. Data last updated: 2021-10-16T07:41:28.347.
     
    https://bt-photos.global.ssl.fastly.net/madison/1280_boomver_1_1919657-2.jpg https://bt-photos.global.ssl.fastly.net/madison/1280_boomver_1_1919657-2.jpg https://bt-photos.global.ssl.fastly.net/madison/1280_boomver_1_1919657-2.jpg
    Logo
    HomeTeam4u | Stark Company Realtors
    1625 W Main Street
    Sun Prairie WI, 53590
    Listing courtesy of Re/Max Ridge-N-River