Listed by RE/MAX Partners Realty, RE/MAX Partners Realty, Grinnell
$775,000
914 Main Street
Details
APN 0103000
Property Type Office
Sub Type Traditional Office, Executive Office
Units 11
Year Built 1899
Acreage 0.360
Parking Spaces 8
Two Buildings! Downtown commercial/multiuse and a 14 unit apt building!
Marketing description
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.
Listing Contacts
Listed by RE/MAX Partners Realty, RE/MAX Partners Realty, Grinnell
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