717 & 721 4th Avenue, Grinnell, IA 50112
- Added:
- Apr 20, 2026
- Days on Market:
- 55
- Last Refresh:
- Jun 13 at 9:06 am
Property Features for 717 & 721 4th Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Business/Commercial,Resi
- Standard status
- Active
- APN
- 0692900
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- STEWARTS LOT 6 BLOCK 4 & 20' ALLEY N OF SAID LOT & STEWARTS LOTS 7 & 8 BLOCK 4 & 20' ALLEY N OF SAID LOTS
- Tax Annual Amount
- 2882
Utilities
- Heating system
- Forced Air, Baseboard
- Water source
- Public
Building Details
- Year built
- 1900
- Number of units
- 3
- Building materials
- Brick, Vinyl Siding, Wood Siding
- Architectural style
- Other
Listing agent Matthew Karjalahti License #B60759000 (641) 260-0672
Listing office RE/MAX Partners Realty, Grinnell 932 Main St, Marshalltown, IA (641) 236-6683
Listing date Apr 20, 2026
Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Package deal in downtown Grinnell: 717 4th Ave. & 721 4th Ave. being sold together
- 717 4th Ave. multifamily has two apartments, each 2 bed and 1 bath; both apartments are occupied
- 721 4th Ave. operates as Rabbitt's Tavern; owner‑occupied bar with bar fixtures included
- Majority of bar inventory is included; bar inventory list available upon request
- Year built: 1900
- Water source is public; heating includes forced air and baseboard
Overview
The properties are located at 717 & 721 4th Avenue in Grinnell, Iowa, in Poweshiek County. The lot size listed for the package is 0.18 acres, and the property is described with Business/Commercial and Residential zoning.
For an investor or owner-operator, this configuration provides a combined setup of residential income from the two occupied apartments and an operating bar use under the same purchase. The inclusion of fixtures and most inventory may reduce initial start-up work for a continued bar operation, while the two 2-bedroom units can support an income component alongside the business. Schedule a showing with a local agent to review the inventory details and the buildings’ condition firsthand.
Current Use by Public Records
Similar Places Nearby
- Hometown Heroes — 908 Main St, Grinnell, IA 50112
- Solera — 829 Broad St, Grinnell, IA 50112
- Grinnell Craft Brewhouse — 923 Main St, Grinnell, IA 50112
- Rabbitt's Tavern — 721 4th Ave, Grinnell, IA 50112
- Canary Underground Speakeasy — lower level, 924 Main St, Grinnell, IA 50112
Location Insight
- Map
- Local Demand
- City
- Grinnell
- County
- Poweshiek
- State
- Iowa
- Longitude
- -92.726267
- Latitude
- 41.743484
