914 Main Street, Grinnell, Iowa 50112

IA, Grinnell
$1,650,000
  • 1.12 Acre
  • Commercial Sale Property Type
  • 1899 Year Built
  • Active Status
Property Description

Calling all Investors – Rare opportunity to acquire an Apartment Portfolio in Grinnell, IA! The portfolio has 22 multifamily and 3 commercial units. Downtown Main Street is 1 mixed-use building with 8 residential units and 3 commercial units. There are (2) 1 bedroom, (5) 2 bedroom, and (1) 3 bedroom residential units. Additionally, there are 3 commercial suites on the main floor. Coin Laundry is owned and located in the common area. The building has 8 private parking spots for residential tenants. Sunset Apartments is 1 multi-family building with 14 residential units, and 8 garage units. The building is comprised of all 2 bedroom units. Coin Laundry is owned and located in the common area. There are approximately 24 private parking spots for tenants. Offering Memorandum available upon request. Letter of Intent must be submitted prior to any showing.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 6321801
  • Price: $1,650,000
  • Year Built: 1899
  • Lot Area: 1.12 Acre
  • Status: Active
  • Office Name: RE/MAX Partners Realty, Grinnell
Features
  • Heating System Heat Pump,Forced Air,Baseboard,Ductless Mini-Split
  • Parking Detached Garage,Uncovered
  • Architectural Style Mixed Use
  • Sewer City Sewer/Connected
  • Utilities None
Address Map
  • Country US
  • State IA
  • County Poweshiek
  • City Grinnell
  • Zipcode 50112
  • Street: Main
  • Street Number: 914
  • Street Suffix: Street
  • Longitude: W93° 16' 28.5''
  • Latitude: N41° 44' 37.8''
  • Directions: Use GPS from location.
Additional Information
  • Accessibility Features: None
  • Current Use: Commercial
  • Garage: 8
  • Lot Size Dimensions: 95.50 x 165.00, 246.00 x 134.50
  • Number Of Units Total: 25
  • Possible Use: Income
  • Previous Price: 1650000
  • Water Source: City Water/Connected
Financial
  • Tax Annual Amount: 22076
Map
Contact Agent
AJ Brown
A.J. Brown
Land & Farm Realtor
Phone: 641-680-9944
Fax: 641-664-3520

This field is hidden when viewing the form

Similar Properties