1902 Main Street, Granger, IA 50109

• 2 beds |
• 1 bath |
• 4,800 sqft

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.

Listing Status:

Active

Date Added:

May 26, 2026

Data Last Updated:

July 28, 2026 at 5:17PM

Listing Office:

RE/MAX Concepts : (515) 276-2872

Listing Agent:

Angela McKenzie : (515) 778-6365

MLS ID:

741604

Interior

• Appliances: See Remarks
• A/C: Central Air
• Heating: ElectricForced AirGasSee Remarks

Exterior

• Style: Two Story

Construction

• Roofing: Rubber
• General: Brick2Brick/Mortar

Location

• Originating MLS: DMAAR_DM
• School District: Woodward-Granger
• County: Dallas

Lot

• Zoning: CRLOT 5 /EX N40'/ & N44' LOT 6 BLK 10812203013

Utilities

• Water: Public

Financial

• Source: DMAAR_DM