1902 Main Street, Granger, IA 50109

Granger
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
1902 Main Street,Granger, IA 50109
$350,000
  • 2 Beds
  • 1 Baths
  • 4,800 sq. ft.
  • Single family
  • Active
Listed by: angela mckenzie, john mauro
Office: re/max concepts
MLS#:741604
Source:IA_DMAAR

Price summary

  • Price:$350,000
  • Price per sq. ft.:$72.92

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.

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Home facts

  • Year built:1900
  • Listing ID #:741604
  • Added:5 day(s) ago
  • Updated:June 06, 2026 at 02:58 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:4,800 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric, Forced Air, Gas
  • Central air:Yes

Structure and exterior

  • Roof:Rubber
  • Year built:1900
  • Building area:4,800 sq. ft.
  • Lot area:0.24 Acres
  • Architectural Style:Two Story
  • Construction Materials:Brick
  • Foundation Description:Brick/Mortar
  • Levels:2 Story

Utilities

  • Water:Public

Finances and disclosures

  • Price:$350,000
  • Price per sq. ft.:$72.92
  • Tax amount:$4,600

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