Residential For Sale

809 5th Avenue, Grinnell, Iowa 50112

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Property Description

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 McNally’s 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.

Basic Details
Property Type : Residential
Listing Type : For Sale
Price : $265,000
Property Sub Type : Residential
Status : Active
Year Built : 1910
Square Footage : 4,200 Sqft
Lot Area : 0.06 Acre
Bedrooms : 1
Bathrooms : 1
Baths Total : 1
Features
Heating System : Forced air, Gas, Natural Gas
Cooling System : Central Air
Basement : Unfinished
Security : Smoke Detector(s)
Interior Features : Diningarea
Water/Sewer : Public Sewer
Construction
Roof Deck : Rubber, See remarks
Foundation : Block
Style : Ranch
Zoning : RES
Flooring : Carpet
Other
Appliances : Dryer,refrigerator,stove,washer
CommunityFeatures : Sidewalks
LotSizeArea : 0.06 Sqft
MLSAreaMajor : Grinnell
LotSizeSquareFeet : 2,700 Sqft
TaxAnnualAmount : $2,655
BuildingAreaTotal : 4,200 Sqft
Insurance Fee : $0
Taxes : $0
Listing Office Info
Listing ID : 690089
List Office MLSID : 340000001
List Office Name : Ramsey Weeks Real Estate
List Agent Email : kevin@ramseyweeksrealestate.com
List Agent Full Name : Kevin Kolbe
List Agent MLSID : 082822657
List Agent Cell Phone : (641) 990-4995
Location
Street Number : 809
Street Suffix : Avenue
Street : 5th
Country : US
State : IA
County : Poweshiek
City : Grinnell
Zipcode : 50112
Longitude : W93° 16' 28.9''
Latitude : N41° 44' 41.7''
Parcel Number : 1800786800
Directions : From I-80, take Exit 182. Head North on West Street (Hwy 146). Continue West St until reaching 5th Ave. Turn right on 5th Ave and head east two blocks until reaching 809 5th Ave on the north side of the street.
Residential For Sale
  • Listing ID : 690089
  • Bedrooms : 1
  • Bathrooms : 1
  • Square Footage : 4,200 Sqft
  • Visits : 80 in 68 days
$265,000
Agent info
Matt Karjalahti
RE/MAX Partners Realty
932 Main St., Grinnell, IA 50012
Contact Agent

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