Grinnell, IA Commercial Real Estate for Sale

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22 properties

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Updated: Jul 9

Downtown Mixed-Use Building

925 Broad Street, Grinnell, IA 50112

$825,000

0.26 AC lot

Five upstairs apartments: three 2‑bedroom units and two 1‑bedroom units
Two street‑level commercial spaces with three commercial doors
Commercial areas renovated between 2018–2025
0.2557‑acre downtown property at 925 Broad Street, Grinnell, IA
Facade restoration completed in 2016; cornice and parapet rebuilt within the last three years

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Updated: Apr 7

Industrial Manufacturing Facility

725 Penrose Street, Grinnell, IA 50112

$440,000

1.88 AC lot

10,700 SF manufacturing facility on 1.88 acres
9,500 SF production floor with 16' sidewalls
10'x24' overhead door serving the manufacturing area
240V, 3‑phase, 600‑amp service with five sub‑panel zones
480V, 3‑phase, 50‑amp boost transformer with dedicated runs

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Grinnell Development Land For Sale

500 Lang Creek Avenue, Grinnell, IA 50112

$802,593

3.35 AC lot

Prime commercial land with high visibility and traffic volume.

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Warehouse with Auxiliary Barns

4349 32nd St Unit 2, Grinnell, IA 50112

$310,000

8,874 sqft 2.00 AC lot

Insulated warehouse property with heating, air conditioning, overhead doors, and additional agricultural structures.

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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.

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Owner-Operated Bar and Multifamily Package

717 & 721 4th Avenue, Grinnell, IA 50112

$350,000

0.18 AC lot

Two downtown Grinnell buildings are offered together, including an owner-operated bar and two occupied 2-bed apartments.

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Mixed-Use Property with Rubber Roof

907 Main Street, Grinnell, IA 50112

$225,000

0.08 AC lot

Two leased ground-floor spaces accompany a separately accessed upper level suitable for office use or repurposing.

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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.

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Hydroponic Greenhouse Farm

4349 32nd Street, Grinnell, IA 50112

$840,000

7.50 AC lot

Hydroponic greenhouse on 7.5 acres with automated remote temperature control, public water service, and on-site processing space.

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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.

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Drive-Up Self Storage Facility

623 Penrose Street, Grinnell, IA 50112

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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.

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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.

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Flex Warehouse Unit

606 Stagecoach Rd Unit 7, Grinnell, IA 50112

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1,200 sqft

The 2023-built suite includes a restroom, garage access, and poured concrete flooring for commercial operations.

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Net-Leased Freestanding Retail Gas Station

1002 West Street, Grinnell, IA 50112

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2,944 sqft 0.85 AC lot

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

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Hydroponic Greenhouse and Office

1-4349 32nd St, Grinnell, IA 50112

$200,000

5,460 sqft 6.40 AC lot

Commercial greenhouse with a 5,460 SF building featuring private offices, bathrooms, storage, and processing space.

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Retail Space in Grinnell, Iowa

1031 West St, Grinnell, IA 50112

$2,500,000

Retail space available for sale in Grinnell, Iowa.

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Storefront Property with Vacant Space

907 Main St, Grinnell, IA 50112

$225,000

Two leased ground-floor spaces and a separately accessed upper level provide a flexible commercial configuration.

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General Commercial Development Land

320 West St S, Grinnell, IA 50112

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1.14 AC lot

Development land with all utilities available and zoning C-1 for general commercial uses.

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Grinnell Golf Course For Sale

6th Ave W, Grinnell, IA 50112

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13,509 sqft 100.00 AC lot

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

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Single-Level Bar and Restaurant

909 State Street, Grinnell, IA 50112

$575,000

10,114 sqft

Combined dining and bar facility with extensive seating, full kitchen areas, and an outdoor gathering space.

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Subdividable General Commercial Land

320 West St S, Grinnell, IA 50112

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3.32 AC lot

Development land offers all utilities and C-1 General Commercial zoning, with the ability to subdivide.

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Development Land Near Hy-Vee

Grinnell Hy-Vee, Grinnell, IA 50112

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

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Grinnell, IA, we suggest to view alternatives - similar 50 Off-Market properties to explore as potential leads.

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

$160,000

Estimated value

1,680 sqft 0.11 AC lot

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WAREHOUSE, STORAGE

1010 Penrose St, Grinnell, IA 50112

$220,000

Estimated value

7,500 sqft 1.03 AC lot

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Grinnell, IA Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Grinnell, IA, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 60,104 square feet of properties for sale, with an estimated market value of $12,603,665.

Sale prices for business properties in Grinnell, IA start at $200,000, averaging $840,244, and reaching up to $2,992,572 — 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	$989K

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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