717 & 721 4th Avenue Grinnell, IA ^$ 350,000

717 & 721 4th Avenue

^$ 350,000

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Recently Listed

717 & 721 4th Avenue

Grinnell, IA, 50112

^$ 350,000

Bedrooms-- Baths-- Sq 4,172

Monthly Estimate*

^$ 2,155

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Commercial Property for sale in Grinnell, IA

for $350,000. This 4,172 square foot building was built in 1900 on a lot size of 0.18.

Investment Opportunity in the heart of downtown Grinnell - 717 4th Ave. & 721 4th Ave. These two downtown buildings are being offered as a package deal. 717 4th Ave. is a multifamily building with two apartments that are each 2 bedroom, 1 bathroom. Both apartments are occupied. 721 4th Ave. is a bar that is owner-occupied and currently operating as Rabbitt's Tavern. The bar fixtures will stay and a majority of the bar inventory is included in the sale. Bar Inventory List will be provided upon request. Call your local agent today to schedule a viewing!

Commercial Active

Price

^$ 350,000

Property Type

Commercial

Taxes

^$ 2,882

Style

Mixed Use

Lot Size

0.18

Year Built

1900

Town/City

Grinnell

County/Region

Poweshiek

MLS | Web ID

6337423

Features

General

Sewer City Sewer/Connected

Heating Forced Air Baseboard

Utilities Electric Separate Heating Separate Hot Water Separate

Zoning Business/Commercial Resi

Garage Spaces 0

Architectural Style Mixed Use

Construction Materials Brick Vinyl Siding Wood Siding

Year Built 1900

Tax Year 2024

Current Use Commercial

Accessibility None

County Poweshiek

Property Type Commercial Sale

Contingency None

Possible Use Income Lounge/Bar

Status Active

Directions Use GPS from location.

Open Parking Spaces 4

Number Of Units Total 3

Lot Size Units Acres

Lot Size Square Feet 7840.8

Tax Annual Amount 2882

Living Area Units Square Feet

Standard Status Active

Legal Description STEWARTS LOT 6 BLOCK 4 & 20' ALLEY N OF SAID LOT & STEWARTS LOTS 7 & 8 BLOCK 4 & 20' ALLEY N OF SAID LOTS

Exterior

Parking Features Outside

Water Source Public

Building Area Total 4172

Lot Dimensions 25 x 100 & 50 x 100

Lot Size Acres 0.18

* Excluded Features

List By

Matthew Karjalahti

Listing Agent

Re/Max Partners Realty, Grinnell

Broker

matt@remaxcentralia.com

Affordability Calculator

$2,395

Per Month

Monthly Principal & Interest: $2,155
Monthly Property Taxes: $240
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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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THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Grinnell, IA

Average List Price ^$354,750

Percent of Sale Price 1%

About Grinnell, IA

9,025 Population

-2% Since 2002

^$47,388 Median Income

34.04 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2872932 Elementary School

2872966 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/20/2026	$350,000		Listed Price

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717 & 721 4th Avenue, Grinnell, IA, 50112 is a Commercial Property for sale at $350,000 with 4,172 sqft and a lot size of 0.18. 717 & 721 4th Avenue was built in 1900. The property's zip code is 50112 which is in Grinnell, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the Iowa Association of REALTORS service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is deemed reliable but is not guaranteed accurate by the the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Data is updated as of 4/22/2026.

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717 & 721 4th Avenue

Commercial Property for sale in Grinnell, IA

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