725 Penrose Street Grinnell, IA 50112

This light industrial manufacturing facility is built with a load-bearing steel frame and features a steel/membrane roof. The property includes a dedicated manufacturing floor of 9,500 SF with 16' sidewalls and a 10' x 24' overhead door, plus an insulated, steel-lined, climate-controlled shop. Heating is supported by a 160,000 BTU hookup with an 8.5-ton AC, and the office portion totals 1,500 SF with a reception, three private offices, a conference room, and a bathroom. The office systems were updated with a new furnace and AC unit in 2024.

The facility sits on 1.88 acres within Grinnell city limits and is zoned M-1 Light Industrial. It is served by full city services and includes electrical infrastructure with 240V, 3-phase, 600-amp service arranged across five sub-panel zones with enclosed wire trays and overhead conduit racks. A 480V, 3-phase, 50-amp boost transformer with dedicated runs from the main panel supports specialized machinery. The site provides direct access from Penrose St. and 3rd Ave.

Designed for owner-users and industrial operators, the building offers a functional production environment with heavy-duty power and a high-bay layout. NNN lease options are available, or the property can be purchased for an owner-occupied or industrial investment strategy. The acreage also supports on-site storage and provides room to consider future site reconfiguration, subject to approval.