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(712) 307-7134
Arrowhead Realty Co. LLC
1902 Main Street, Granger, IA 50109
- $300,000
- 2
- BD
- 1
- BA
- 4,800
- SqFt
- Sold Price
- $300,000
- List Price
- $340,000
- Status
- CLOSED
- Days on Market
- 75
- Closing Date
- Oct 14, 2026
- MLS#
- 741604
- Subtype
- Residential
- Style
- Two Story
- Architectural Style
- Two Story
- Year Built
- 1900
- Bedrooms
- 2
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 4,800
- Lot Size
- 10,500
- Acres
- 0.24
- MLS Area Major
- Granger
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.
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Additional Information
- Taxes
- $4,600
- Property Description
- Two Story
- Zoning
- C, R
- Appliances
- See Remarks
- Heating
- Electric, Forced Air, Gas, See Remarks
- Air Conditioning
- Central Air
- Stories
- 2
- Roof
- Rubber
- Foundation
- Brick/Mortar
- School District
- Woodward-Granger
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Listing courtesy of Angela McKenzie with RE/MAX Concepts
Selling Office: RE/MAX Concepts.Data courtesy of the Des Moines Area Association of REALTORS