Log In/Sign Up
Your email has been sent.
907 Main St 15,080 SF 100% Leased Retail Building Grinnell, IA 50112 $370,000 ($24.54/SF)
Investment Highlights
- Long term tenants.
- High traffic on primary commercial downtown block.
Executive Summary
Three long term tenants. One retail, one financial services, one radio station
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$57,000
|
$3.78
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$57,000
|
$3.78
|
| Taxes |
$3,300
|
$0.22
|
| Operating Expenses |
$3,840
|
$0.25
|
| Total Expenses |
$7,140
|
$0.47
|
| Net Operating Income |
$49,860
|
$3.31
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $57,000 |
| Annual Per SF | $3.78 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $57,000 |
| Annual Per SF | $3.78 |
| Taxes | |
|---|---|
| Annual | $3,300 |
| Annual Per SF | $0.22 |
| Operating Expenses | |
|---|---|
| Annual | $3,840 |
| Annual Per SF | $0.25 |
| Total Expenses | |
|---|---|
| Annual | $7,140 |
| Annual Per SF | $0.47 |
| Net Operating Income | |
|---|---|
| Annual | $49,860 |
| Annual Per SF | $3.31 |
Property Facts
Sale Type
Investment
Property Type
Building Size
15,080 SF
Year Built/Renovated
1900/2000
Price
$370,000
Price Per SF
$24.54
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
4.47
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
commercial - zoning includes both commercial and residential
Frontage
40’ on Main
Amenities
- Signage
- Tenant Controlled HVAC
- Storage Space
- Smoke Detector
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (88)
Nearby Major Retailers
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
ramsey-weeks
907 Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.