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809 5th Avenue

Grinnell, IA 50112
  • $265,000
  • STATUS: Active
  • ON SITE: 50 Days
  • MLS #: 690089
$265,000
  • 1
    BEDS
  • 0.06
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 4,200
    SQFT
  • $63
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1910
County:
Area:

School Ratings & Info

School District:

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.

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© 2024 Des Moines Multiple Listing Service. IDX information is provided exclusively 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 MLS or EXIT Realty Capital City. Data last updated: 2024-04-04T00:22:33.397.
www.exitrealtycc.com/homes/148072796
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809 5th Avenue Grinnell, IA 50112

  • Price: $265,000
  • Status: Active
  • On Site: 50 Days
  • MLS #: 690089
1
Beds
1
Baths
0
½ Baths
0.06
Acres
4,200
SQFT
$63
$/SQFT
1910
Built
Neighborhood:
Grinnell
County:
Poweshiek
Area:
Grinnell
School District:
Grinnellnewburg
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.
Exterior Features

Architectural Style Ranch Construction Materials Brick Foundation Details Block Road Surface Type Concrete Roof Rubber See Remarks

Interior Features

Appliances Dryer Refrigerator Stove Washer Basement Unfinished Basement YN Yes Cooling Central Air Cooling YN Yes Flooring Carpet Heating Forced Air Gas Natural Gas Heating YN Yes Interior Features Dining Area Main Level Bedrooms 1

Property Features

Community Features Sidewalks Lease Considered YN No Listing Terms Cash Conventional Property Sub Type Residential Property Sub Type Additional Residential Security Features Smoke Detectors Sewer Public Sewer Tax Annual Amount 2655 Tax Year 2022 Water Source Public Zoning RES

Listing provided courtesy of Ramsey Weeks Real Estate: (641) 236-3141. © 2024 Des Moines Multiple Listing Service.
© 2024 Des Moines Multiple Listing Service. IDX information is provided exclusively 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 MLS or EXIT Realty Capital City. Data last updated: 2024-04-04T00:22:33.397.
 
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