• Asking Price $265,000
  • 809 5TH AVE GRINNELL, IA 50112

  • 1 Bed 1 Bath 4,200 SqFt
  • Commercial / Resale (MLS)

Property Details for 809 5TH AVE, GRINNELL, IA 50112

Features

  • Price/sqft: $63
  • Lot Size: 2700
  • Total Rooms: 3
  • Room List: Bedroom 1, Basement, Bathroom 1
  • Stories: 100
  • Roof Type: Urethane
  • Heating: Forced Air Heating
  • Exterior Walls: Brick

Facts

  • Year Built: 01/01/1910
  • Property ID: 862725110
  • MLS Number: 690089
  • Parcel Number: 0786800
  • Property Type: Commercial
  • County: POWESHIEK
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Outstanding investment opportunity within the same block as the college's new downtown residence hall (Renfrow Hall) and the yet to be built apartment complex on Main Street adjacent to McNallys Food. Two income streams: the street front portion is commercially rented as office space featuring 7 private offices, a handicap accessible bathroom, waiting area and a reception area. The back space is a one-bedroom apartment with off street parking at the entrance to the apartment. Both spaces were built new in 2018. The front commercial space includes forced air heat and central air conditioning. The back apartment is heated and cooled with a mini split system. The rubber roof was replaced new in 2023. Both spaces are leased through fall of 2024.

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Property Brokerage: Ramsey-Weeks Inc. 715 5th Ave Grinnell IA 50112
Copyright © 2024 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.