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Grinnell, IA

Grinnell, IA Commercial Real Estate for Sale

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Oakland Acres, IA Kellogg, IA Montezuma, IA Lynnville, IA Laurel, IA Brooklyn, IA Newton, IA Reasnor, IA

15 properties

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Light Industrial Manufacturing Facility

Updated: Apr 7

Light Industrial Manufacturing Facility

725 Penrose Street, Grinnell, IA 50112

$475,000

1.88 AC lot

10,700 SF steel‑framed light industrial facility on 1.88 acres in Grinnell city limits, zoned M‑1
9,500 SF manufacturing floor with 16' sidewalls and a 10' x 24' overhead door
Heavy electrical capacity: 240V 3‑phase 600‑amp service with five sub‑panel zones plus enclosed wire trays and overhead conduit racks
Includes 480V 3‑phase 50‑amp boost transformer with dedicated runs from the main panel for specialized machinery
Climate control includes 8.5‑ton AC and a 160,000 BTU heating hookup (updated 2019); insulated, steel‑lined shop

Grinnell Development Land For Sale

Updated: Jan 20

Grinnell Development Land For Sale

500 Lang Creek Avenue, Grinnell, IA 50112

$802,593

3.35 AC lot

High traffic volume and visibility from Interstate 80.
Prime development land ready to build on.
Convenient location off the Grinnell exit on State Highway 146/West Street S, North of Interstate 80.
Zoned C‑1 for commercial use.
Walking distance to two large service stations and two hotels.

Interstate Development Land For Sale

Interstate Development Land For Sale

505 Lang Creek Avenue, Grinnell, IA 50112

$2,992,572

18.82 AC lot

Commercial land with high traffic volume, visible from Interstate 80.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Downtown Multifamily and Bar Buildings

Downtown Multifamily and Bar Buildings

717 & 721 4th Avenue, Grinnell, IA 50112

$350,000

0.18 AC lot

Package sale includes occupied apartments and an operating tavern with bar fixtures included.

Hydroponic Greenhouse and Warehouse

Hydroponic Greenhouse and Warehouse

4349 32nd Street, Grinnell, IA 50112

$840,000

7.50 AC lot

Commercial hydroponic greenhouse property with 46,000 SF of cultivation space, plus a finished warehouse and cold/dry storage.

Drive-Up Self Storage Facility

Drive-Up Self Storage Facility

623 Penrose Street, Grinnell, IA 50112

$1,100,000

18,000 sqft 6.24 AC lot

Modern 2022 storage facility with gated, fenced access, office and kiosk, and 198 non-climate units for drive-up use.

Net-Leased Freestanding Retail Gas Station

Net-Leased Freestanding Retail Gas Station

1002 West Street, Grinnell, IA 50112

$2,424,621

2,944 sqft 0.85 AC lot

Freestanding retail property net leased to Maverik with 10.5 years remaining on the term.

Modern Warehouse with Horse Barn

Modern Warehouse with Horse Barn

2-4349 32nd St, Grinnell, IA 50112

$400,000

4,800 sqft 2.00 AC lot

New warehouse and horse barn on +/- 2 acres.

Buildable Rural Acreage with Pond

Buildable Rural Acreage with Pond

Highway T-38 N, Grinnell, IA 50112

$285,000

19.03 AC lot

Approximately 19 acres with a mature, stocked pond on a hard-surface road near Grinnell and I-80.

Iowa Land with Cabin-Style Home

Iowa Land with Cabin-Style Home

1109 E 132nd Street N, Grinnell, IA 50112

$1,600,000

76.07 AC lot

76-acre Iowa property featuring a cabin, pond, and agricultural amenities.

Grinnell Commercial Development Land

Grinnell Commercial Development Land

320 West Street S, Grinnell, IA 50112

$433,500

3 sqft 3.00 AC lot

Commercial land available near I-80 with high traffic.

Retail Space in Grinnell, Iowa

Retail Space in Grinnell, Iowa

1031 West St, Grinnell, IA 50112

$2,500,000

Retail space available for sale in Grinnell, Iowa.

Grinnell Golf Course For Sale

Grinnell Golf Course For Sale

6th Ave W, Grinnell, IA 50112

$1,638,000

13,509 sqft 100.00 AC lot

18-hole golf course with clubhouse and agricultural land potential.

Grinnell Commercial Development Land

Grinnell Commercial Development Land

I-80 & West St, Grinnell, IA

Contact for pricing

24.66 AC lot

Commercial land for sale with I-80 access in Grinnell, Iowa.

Development Land Near Hy-Vee

Development Land Near Hy-Vee

Grinnell Hy-Vee, Grinnell, IA 50112

$433,500

Commercial development land available between Hy-Vee and Thiesen’s.

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 15 Active listings in Grinnell, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freestanding BP Gas Station

Freestanding BP Gas Station

4300 South 22nd Avenue East, Newton, IA 50208

$1,000,000

3,520 sqft 0.87 AC lot

Single tenant BP gas station in Newton, Iowa for sale.

Lakeview Lot on Woodland Road

Lakeview Lot on Woodland Road

206 Woodland Road, Montezuma, IA 50171

$150,000

0.45 AC lot

Large lot near Lake Ponderosa, suitable for building.

Lake Ponderosa Campsite with Access

Lake Ponderosa Campsite with Access

380 Timber Ridge, Montezuma, IA 50171

$134,000

0.17 AC lot

Equipped campsite with lake access at Lake Ponderosa.

Iowa Farmland Auction - Newton

Iowa Farmland Auction - Newton

04 US Highway 6, Newton, IA 50208

Contact for pricing

27.03 AC lot

27.03 acres of farmland in Jasper County, Iowa.

Off-Market Properties in Grinnell, IA

Consider similar Off-Market properties in Grinnell, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RESTAURANT

915 Main St, Grinnell, IA 50112-2049

Value Estimation by Request

1,680 sqft 0.11 AC lot

1010 Penrose St

WAREHOUSE, STORAGE

1010 Penrose St, Grinnell, IA 50112

Value Estimation by Request

7,500 sqft 1.03 AC lot

MEDICAL BUILDING

208 Ww St, Grinnell, IA 50112-2312

Value Estimation by Request

2,790 sqft 0.24 AC lot

1018 Washington Ave

OFFICE BUILDING

1018 Washington Ave, Grinnell, IA 50112-2560

Value Estimation by Request

216 sqft 0.54 AC lot

1022 Washington Ave

WAREHOUSE, STORAGE

1022 Washington Ave, Grinnell, IA 50112-2560

Value Estimation by Request

896 sqft 2.88 AC lot

COMMERCIAL (GENERAL)

521 Ww St, Grinnell, IA 50112-2363

Value Estimation by Request

5,572 sqft 0.50 AC lot

RESTAURANT

2110 Ww S St, Grinnell, IA 50112-8109

$520,000

Estimated value

9,000 sqft 1.72 AC lot

RETAIL STORES (PERSONAL SERVICES)

720 5th Ave, Grinnell, IA 50112-1603

Value Estimation by Request

2,440 sqft 0.06 AC lot

OFFICE BUILDING

603 Penrose St, Grinnell, IA 50112-2216

Value Estimation by Request

864 sqft 1.28 AC lot

Grinnell, IA Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Grinnell, IA, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 60,200 square feet of properties for sale, with an estimated market value of $9,727,068.

Sale prices for business properties in Grinnell, IA start at $400,000, averaging $1,389,581, and reaching up to $2,530,947 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 12K

Population Growth (5Y) +0.0%

Median Household Income $64,707

College Educated 54.6%

High-Yield Neighborhoods for Investment

Identify Grinnell submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
50112	$1.2M

Taxes & Financing

Tax Rate (average for all types) 2.59%

Property Tax per SF $30.75 per SF

Tax Rate vs County Average 0.40 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Poweshiek County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Poweshiek County

Residential Income

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