809 5th Avenue

Grinnell, IA 50112

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 McNallys 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.

This is an Active listing.

Broker Office Phone Number: 541-915-0940

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