925 Broad Street Grinnell, IA $ 825,000
925 Broad Street
$ 825,000
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925 Broad Street

Grinnell, IA, 50112
$ 825,000
Bedrooms-- Baths-- Sq 10,000

Monthly Estimate*

$ 5,209

925 Broad Street, Grinnell, IA 50112 - Image 1
925 Broad Street, Grinnell, IA 50112 - Image 2
925 Broad Street, Grinnell, IA 50112 - Image 3

Commercial Property for sale in Grinnell, IA

for $825,000. This 10,000 square foot building was built in 1900 on a lot size of 0.2557.

One of Grinnell's most iconic downtown buildings is FOR SALE - 923, 925, 927 Broad Street. There are two commercial tenants at street level (3 doors for commercial space at street level). A fourth door for the five upstairs apartments: three 2 bedroom and two one bedroom apartments. Each tenant pays their own heat, electric and water bill. The building was part of the facade restoration in the downtown in 2016. The cornice and parapet were both re-built in the last three years. A new rolled rubber roof in 2023. The water and sewer lines were both replaced when the downtown streets were replaced approx. 20 yrs. ago. The two first floor commercial spaces were completely renovated between 2018 - 2025. The five upstairs apartments have been well cared for and have experienced many updates over the last several years. Pride of ownership is evident as you walk through both the first and second floors. The building has a strong history of occupancy. Monthly/annual income and expenses will be shared upon request. If you are looking for a long term portfolio jewel, this may be what you are looking for. Call your agent for a conversation and to schedule a walk through.

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Commercial Active

Price

$ 825,000

Property Type

Commercial

Taxes

$ 11,885

Style

Lot Size

0.2557

Year Built

1900

Town/City

Grinnell

County/Region

Poweshiek

MLS | Web ID

744919

List By
Kevin Kolbe

Listing Agent

Ramsey Weeks Real Estate

Broker

kevin@ramseyweeksrealestate.com

Email

Affordability Calculator

$6,200
Per Month
84%
16%
0%
Monthly Principal & Interest
$5,209
Monthly Property Taxes
$990
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1519606 Elementary School
1519607 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/10/2026$825,000 Listed Price

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925 Broad Street, Grinnell, IA, 50112 is a Commercial Property for sale at $825,000 with 10,000 sqft and a lot size of 0.2557. 925 Broad Street was built in 1900. The property's zip code is 50112 which is in Grinnell, IA