Price Decreased

914 Main Street

Investment Opportunity – Prime Downtown Main Street Location | Grinnell, IA. Don’t miss this exceptional mixed-use investment property located in the heart of downtown Grinnell. This well-maintained building features 8 residential units and 3 commercial suites, offering a strong blend of stable residential income and high-visibility retail frontage. The residential mix includes: (2) One-bedroom units, (5) Two-bedroom units, and (1) Three-bedroom unit. Each apartment is individually sub-metered with all utilities paid by tenants, ensuring efficient operations and predictable expenses. The main level features three street-facing commercial suites, ideal for retail or office tenants. Additional income is provided by an on-site, owner-operated coin laundry conveniently located in the common area. Residents benefit from 8+ private parking spaces dedicated to the building. An Offering Memorandum is available upon request. A Letter of Intent must be submitted and accepted by the Seller prior to scheduling any property tours.

Legal: GRINNELL N 23' LOT 2 & S 72 1/2' LOT 3 BLOCK 7

Status: Active

Property Information

729241

$775,000

Sale

CommercialSale

914 Main Street

Grinnell

Poweshiek

IA

50112

29511

29511

15757

Grinnell

9192

2024

1899

GrinnellNewburg

Features

RectangularLot

Utilities

Electric, ForcedAir, HotWater, Radiant, SeeRemarks

Public

PublicSewer

CentralAir

No

Miscellaneous

Brick

Listed By

RE/MAX Partners Realty, Bennett Wiltfang (641.990.3878) & RE/MAX Partners Realty, Matthew Karjalahti (641.260.0672)

Mortgage Calculator


Similar listings

1 Lang Creek Avenue, Grinnell, IA 50112
5 Photos for Sale
Status: Active
MLS: #614407
Type: Lots / Land

N/A sqft
N/A
N/A
$802,593
View Detail

Listed by : RE/MAX PARTNERS REALTY, MATTHEW KARJALAHTI (641.260.0672) & RE/MAX PARTNERS REALTY, BENNETT WILTFANG (641.990.3878)

1629 Sunset Street, Grinnell, IA 50112
5 Photos for Sale
Price Adjustment
Status: Active
MLS: #729235
Type: Multi-Family

10,038 sqft
28
14
$875,000
View Detail

Listed by : RE/MAX PARTNERS REALTY, BENNETT WILTFANG (641.990.3878) & RE/MAX PARTNERS REALTY, MATTHEW KARJALAHTI (641.260.0672)

Ask About this Property #729241

Share This Listings


Subscribe To Our Newsletter

The newsletter is sent periodically and will update you on the latest real estate news and offers.