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For sale
  • $350,000

    1902 Main St, Granger, IA 50109

    2beds
    4,800sqft
    : 
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    Single Family Residence
    Built in 1900
    10,454 Square Feet Lot
    $338,400 Zestimate®
    $73/sqft
    $-- HOA

    What's special

    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.
    29 days
    |
    495
    |
    20
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Angela McKenzie (515)778-6365,

    RE/MAX Concepts,

    John Mauro 515-975-9594,

    RE/MAX Concepts

    Source: DMMLS,MLS#: 741604MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Electric, Forced Air, Gas, See Remarks
      Cooling
      • Central Air
      Appliances
      • Included: See Remarks
      Interior area
      • Total structure area: 4,800
      • Total interior livable area: 4,800 sqft
      Video & virtual tour

      Property

      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 10,454 Square Feet
      Details
      • Parcel number: 0812203013
      • Zoning: C, R

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Two Story
      • Property subtype: Single Family Residence
      Materials
      • Brick
      • Foundation: Brick/Mortar
      • Roof: Rubber
      Condition
      • Year built: 1900

      Utilities & green energy

      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Granger

      Financial & listing details

      • Price per square foot: $73/sqft
      • Tax assessed value: $267,800
      • Annual tax amount: $4,600
      • Date on market: 5/26/2026
      • Cumulative days on market: 29 days
      • Listing terms: Cash,Conventional

        Estimated market value

        $338,400

        $321,000 - $355,000

        $1,344/mo

        Price history

        DateEventPrice
        6/1/2026Listed for sale$350,000+75%$73/sqft
        Source: DMMLS #741604 Report a problem
        5/10/2016Sold$199,999$42/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,556 +1.7%$267,800 +15.1%
        2024$4,482 -7.4%$232,600
        2023$4,842 +17.7%$232,600 +9.6%
        2022$4,114 -2%$212,220 +8.2%
        2021$4,200 +0%$196,180 +23.1%
        2020$4,198 -6.7%$159,384
        2019$4,498 -1.4%$159,384
        2018$4,562 $159,384
        2017$4,562 -20.7%$159,384 +19.7%
        2016$5,756 $133,119 -5.5%
        2015$5,756 +12.7%$140,880 +4.8%
        2014$5,106 $134,490

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: 50109

          Getting around

          25 / 100
          Car-Dependent
          36 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • District: Woodward-Granger

          Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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