729 Center Street Grinnell, IA 50112

Building Details

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Listing agent Matthew Karjalahti License #B60759000 Show Phone

Listing office RE/MAX Partners Realty, Grinnell 932 Main St, Marshalltown, IA Show Phone

Listing date May 12, 2026

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MLS# 6338182 Listing URL

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.

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Investment Insights

Based on property information with market context.

This residential building site is located at 729 Center Street in Grinnell, Iowa. The parcel spans 0.37 acres, encompassing over 15,900 square feet. It comprises lots one through four of block twenty-five in the West Grinnell area, offering 130 feet of front footage. The location is eligible for the City of Grinnell Urban Revitalization Tax Abatement program, providing financial incentives including a five-year 100% tax exemption on the first $75,000 of actual value added for standard residential builds. For those developing three or more dwelling units, the city offers a ten-year 100% tax exemption on the value added. Situated within the Grinnell Newburg School District and a short distance from downtown shops and the Grinnell College campus, this level and regular lot is ready for immediate development. This property provides the space and tax incentives to realize a vision for a private residence or a high-yield investment opportunity.

Key Highlights

• Eligible for City of Grinnell Urban Revitalization Tax Abatement program (5‑10 year, 100% exemption on added value).
• Large 0.37 acre (15,900 sq ft) parcel in prime location at 729 Center Street, Grinnell, Iowa.
• Located in the heart of Grinnell, close to downtown shops and Grinnell College.

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FAQs

What type of property is this?

Residential land & home lot - 0.37-acre residential building site eligible for tax abatement.

Where is this residential land & home lot located?

The property is located at 729 Center Street Grinnell, IA.

What is the asking price?

The asking price for this property is $40,000.

What are key features of this property?

This property features: Eligible for City of Grinnell Urban Revitalization Tax Abatement program (5‑10 year, 100% exemption on added value).; Large 0.37 acre (15,900 sq ft) parcel in prime location at 729 Center Street, Grinnell, Iowa.; Located in the heart of Grinnell, close to downtown shops and Grinnell College.