705 West Street Grinnell, IA $ 215,000
705 West Street
$ 215,000
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705 West Street

Grinnell, IA, 50112
$ 215,000
Bedrooms-- Baths--

Monthly Estimate*

$ 1,341

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Commercial Property for sale in Grinnell, IA

for $215,000. This building was built in 1930 on a lot size of 0.14.

This fully occupied 4-unit mixed-use property sits on Hwy 146/West St. in a prime location across from McDonald’s and next to Fareway. With excellent drive-by traffic and visibility, it’s an ideal investment opportunity offering steady income from both commercial and residential tenants. Zoned C-1. The main level includes two commercial tenants: a massage therapy business and a tobacco shop. Both storefronts offer prominent signage and customer parking. Upstairs, the property features two residential units. One is a 1 bed, 1 bath apartment, and the other is a spacious 2 bed, 1 bath unit with a large living area. With a newer concrete parking in front, high visibility, and a convenient location, this property is a smart addition to any real estate portfolio. Call today to schedule a private tour or request financial details.

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Commercial Active

Price

$ 215,000

Property Type

Commercial

Taxes

$ 1,952

Style

Mixed Use

Lot Size

0.14

Year Built

1930

Town/City

Grinnell

County/Region

Poweshiek

MLS | Web ID

6330374

Features
General
Sewer City Sewer/Connected
Heating Baseboard Forced Air
Utilities Electric Separate Heating Separate Hot Water Separate
Garage Spaces 0
Architectural Style Mixed Use
Construction Materials Brick Other
Year Built 1930
Tax Year 2024
Current Use Beauty/Barber Shop Residential Retail
Accessibility None
County Poweshiek
Property Type Commercial Sale
Contingency None
Possible Use Grocery Income Lounge/Bar Medical/Dental Office Professional/Office Rest/Lounge Restaurant Retail
Status Active
Directions From HWY 6 go south on HWY 146. Property will be on the right
Association Name MIR
Open Parking Spaces 1
Number Of Units Total 4
Lot Size Units Acres
Lot Size Square Feet 6098.4
Tax Annual Amount 1952
Living Area Units Square Feet
Standard Status Active
Legal Description WEST GRINNELL N 2' E 1/2 LOT 17 & E 1/2 LOTS 18 & 19 BLOCK 28
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Exterior
Parking Features Outside Paved
Water Source Public
Lot Dimensions Regular Lot: 81.94 x 74.93
Lot Size Acres 0.14
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* Excluded Features
List By
Matthew Karjalahti

Listing Agent

Re/Max Partners Realty, Grinnell

Broker

matt@remaxcentralia.com

Email

Affordability Calculator

$1,504
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,341
Monthly Property Taxes
$163
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/1/2025$215,000 Listed Price

Map


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705 West Street, Grinnell, IA, 50112 is a Commercial Property for sale at $215,000 with a lot size of 0.14. 705 West Street was built in 1930. The property's zip code is 50112 which is in Grinnell, IA