1902 Main St Granger, IA 50109
Granger AreaEstimated payment $2,259/month
About This Home
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,600
Year Built
- Built in 1900
Lot Details
- 10,500 Sq Ft Lot
- Property is zoned C, R
Home Design
- Brick Exterior Construction
- Brick Foundation
- Rubber Roof
Interior Spaces
- 4,800 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0812203013
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,556 | $267,800 | $26,250 | $241,550 |
| 2024 | $4,842 | $232,600 | $21,000 | $211,600 |
| 2023 | $4,842 | $232,600 | $21,000 | $211,600 |
| 2022 | $4,114 | $212,220 | $21,000 | $191,220 |
| 2021 | $4,114 | $196,180 | $21,000 | $175,180 |
| 2020 | $4,198 | $187,510 | $21,000 | $166,510 |
| 2019 | $4,498 | $159,384 | $17,850 | $141,534 |
| 2018 | $4,498 | $159,384 | $17,850 | $141,534 |
| 2017 | $4,562 | $159,384 | $17,850 | $141,534 |
| 2016 | $3,990 | $133,119 | $17,850 | $115,269 |
| 2015 | $5,038 | $140,880 | $0 | $0 |
| 2014 | $5,106 | $134,490 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/10/2026 08/10/26 | Pending | -- | -- | -- |
| 07/15/2026 07/15/26 | Price Changed | $340,000 | -2.9% | $71 / Sq Ft |
| 05/26/2026 05/26/26 | For Sale | $350,000 | -- | $73 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $159,999 | None Available | |
| Warranty Deed | $199,999 | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $235,000 | Future Advance Clause Open End Mortgage |
Source: Des Moines Area Association of REALTORS®
MLS Number: 741604
APN: 08-12-203-013
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