717 & 721 4th Avenue, Grinnell, IA 50112
Poweshiek County
Key Facts
Description
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!
Property Information
Property Type
Commercial Sale
Year Built
1900
Living Area
4,172 sq ft
Lot Size
0.18 acres
Lot Dimensions
25x100 & 50x100
Zoning
C,M
MLS® Listing#
738514
Property Features
Cooling
Heating
Lot Features
Construction
Foundation
Roof
Utilities
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$2,882
Tax year 2024
Parcel Number
1800692900; 0766400
Directions
Use GPS from location.
Affordability Calculator
$70,000
Estimated monthly payment
$1,863/mo
Principal $280,000 · Est. interest $390,625 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Grinnell, IA
- $254,054
- Median Listing Price
- 55
- Median Days on Market
- 1,824
- Median Sq Ft
- $136
- Median Price / Sq Ft
- 66
- Active Listings
- This home’s price is 38% above the area median.
- Its price per sq ft is 38% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Grinnell, IA.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1016 Elm Street, Grinnell, IA | $245,000 | 3 | 2 | 1,696 |
| 1016 Elm Street, Grinnell, IA | $245,000 | 3 | 2 | 1,696 |
| 604 8Th Avenue, Grinnell, IA | $249,000 | 3 | 2 | 1,498 |
| 932 East Street, Grinnell, IA | $249,900 | 3 | 2 | 1,920 |
| 904 East Street, Grinnell, IA | $249,900 | 4 | 2 | 2,647 |
| 932 East Street, Grinnell, IA | $249,900 | 3 | 2 | 1,920 |
Moving Cost Estimate
Listing Courtesy: RE/MAX Partners Realty - (641) 236-6683