Commercial Sale For Sale

914 Main Street, Grinnell, Iowa 50112

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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
Price : $1,650,000
Status : Active
Days On Market : 2
Year Built : 1899
Lot Area : 1.12 Acre
Features
Heating System : Heat Pump, Forced air, Baseboard, Ductless Mini-split
Parking : 8
Water/Sewer : City Sewer/connected
Construction
Style : Mixed Use
Other
ParkingFeatures : Detached Garage,uncovered
LotSizeSquareFeet : 48,787.20 Sqft
TaxAnnualAmount : $22,076
Utilities : None
Insurance Fee : $0
Taxes : $0
Listing Office Info
Listing ID : 6321801
List Office MLSID : 28430
List Office Name : RE/MAX Partners Realty, Grinnell
List Agent Email : matt@remaxcentralia.com
List Agent MLSID : 220860
Location
Street Number : 914
Street Suffix : Street
Street : Main
Country : US
State : IA
County : Poweshiek
City : Grinnell
Zipcode : 50112
Longitude : W93° 16' 28.5''
Latitude : N41° 44' 37.8''
Parcel Number : 0103000
Directions : Use GPS from location.
Commercial Sale For Sale
  • Listing ID : 6321801
  • Lot Area : 1.12 Acre
  • Visits : 39 in 62 days
$1,650,000
Agent info
Matt Karjalahti
RE/MAX Partners Realty
932 Main St., Grinnell, IA 50012
Contact Agent

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