1902 Main Street
Granger, IA 50109
2
Bed
1
Bath
4,800Sqft
0.24Acre(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 1 Full Baths: 1 -
Roofing Information
Rubber -
Interior Features
Roof: Rubber -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Electric, Forced Air, See Remarks Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1900 Building Area Total: 4800 Construction Materials: Brick Stories: 2 Private Pool: No
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Lot Information
Main Square Feet: 0.24 Acres Lot Size Acres: 0.24 Lot Size Square Feet: 10500
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Listing Price Information
Listing Price: $340000 Original Price: $350000 Cash, Conventional
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Tax Information
Parcel Number: 0812203013 Annual Tax: $4600 Tax Legal Desc: LOT 5 /EX N40'/ & N44' LOT 6 BLK 1
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Location Information
Direction: Get on I-235 W from Fleur Dr and Martin Luther King Jr. Pkwy Continue on I-235 W. Take IA-141 W to Sycamore St in Granger Take Court St to Main St WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1501 Maple Street, Granger, IA, 50109 | $372,500 | 3 | 3 | 1,213 | 0.27 Acre |
| 1505 Maple Street, Granger, IA, 50109 | $369,900 | 3 | 2 | 1,390 | 0.21 Acre |
| 2411 Spruce Street, Granger, IA, 50109 | $374,900 | 3 | 2 | 1,410 | 0.20 Acre |
| 2411 Chestnut Street, Granger, IA, 50109 | $340,000 | 2 | 2 | 1,218 | 0.20 Acre |
| 2416 Spruce Street, Granger, IA, 50109 | $334,900 | 3 | 2 | 1,358 | 0.20 Acre |
| 2414 Spruce Street, Granger, IA, 50109 | $359,900 | 3 | 2 | 1,390 | 0.20 Acre |
| 9975 NW 121st Street, Granger, IA, 50109 | $798,900 | 6 | 4 | 2,520 | 2.35 Acres |
| 11193 NW 123rd Street, Granger, IA, 50109 | $690,000 | 4 | 3 | 1,930 | 0.56 Acre |
| 10956 NW 111th Avenue, Granger, IA, 50109 | $824,999 | 5 | 5 | 2,678 | 1.04 Acres |
| 12370 NW 111th Avenue, Granger, IA, 50109 | $625,000 | 4 | 4 | 2,236 | 0.46 Acre |
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Des Moines Area Association of REALTORS®. 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 deemed reliable but not guaranteed. Copyright © 2026 Des Moines Area Association of REALTORS®. All Rights Reserved.
ByOwner last updated this listing 09/07/2026 @ 04:32
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