123 A Street, McGregor • $5,875,000

Courtesy of MLS Reciprocity:
Nancy Kann
DBQ Property Group Inc.
Property Information
MLS Number: 148617
Address: 123 A Street, McGregor
Price: $5,875,000.00
Lot Dimensions: 0.34
Status: Active
For Lease: No
Property Description
State-of-the-art restaurant and award-winning microbrewery for sale! Don’t miss your opportunity to own this iconic property. The “Old Man” has been improved with multi-millions in impressive, custom renovations and finishes, including copper brew kettles built in Vienna Austria. The Old Man Restaurant is approximately 2,482 SF with seating for about seventy-five plus a beautiful outdoor patio with seating for an additional thirty guests. The bar features unique and custom finishes with seating for twenty and the brew house measures approximately 3,713 SF. There’s ample parking with a large lot across the street and additional parking behind the facility. Recent awards earned: 2019 & 2021 Business of the Year. 2023 Best of the Best in Breweries Winner! Included in the sale are two high-end, fully turn-key Airbnb units offering full kitchens, fireplace, bedrooms, bathrooms, and amazing views of the Mississippi River. The Old Man is perfectly situated along the Great River Road National Scenic Byway in the tourist corridor of McGregor, Iowa. Historic McGregor is a major tourist attraction with over half a million annual visitors from all over the world arriving to explore the historic downtown with mouthwatering food, antique shops, specialty shops, dining, live music, entertainment, art, gift shops, nature centers, fishing hotspots, or to enjoy and explore the natural beauty of Effigy Mounds and Pike’s Peak State Park. Additionally, in July of 2022, McGregor, Iowa was designated as a new Iowa Cultural & Entertainment District for its well-identified, walkable, mixed-use destination with a high concentration of flagship cultural facilities (1 of only 16 in the State). This unforgettable property is listed on the National Register of Historic Places and was built in the 1880’s by Diamond Jo Reynolds, where he used it as headquarters for his steamboat business, with a second-floor residence. Now is your chance to own a piece of Iowa history. Price negotiable.
Commercial Information
Total Units: 0 Garage: 0
Roof: Rubber,Wood Shake,Other    
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