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Single-Level Bar and Restaurant
For Sale
$575,000

909 State Street, Grinnell, IA 50112

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

Property Size10,114 SF
Price / SF$56.85
Days on Market1855

Property Features for 909 State Street

General Information

Standard status Active
Size 10,114 SF
Property subtype Commercial

Additional Details

Patio Yes

Taxes and HOA fees

Annual Taxes $5,650

Building Details

Building Size 10,114 SF
Year Built 1900
Stories 1
Units 2
Listing Agency: Grinnell Realty LLC
Listed By: Robin Marcinik
Source: Sweeneyrealestate
Added: Jul 7, 2021 Changed: Aug 3 Last Checked: Aug 3 at 5:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Grinnell Realty LLC

Investment Insights

Based on property information with market context.

This 10,114-square-foot commercial property contains a single-level bar and family restaurant operation built in 1900. The layout includes substantial dining and bar seating, a spacious kitchen, rustic interior finishes, and a second bar area outdoors with seating for larger gatherings. Entertainment features include TVs, gaming machines, darts, a piano, pool tables, and a jukebox. The bar also has a full kitchen supporting sandwiches and appetizers.

A separate 36.4 x 84.6 storage area provides substantial enclosed space for storage or potential expansion. The property is located at 909 State Street in Grinnell, Iowa, within ZIP code 50112.

Key Highlights

  • 10,114 SF single‑level bar and family restaurant facility
  • Spacious kitchen areas serving both restaurant and bar operations
  • Indoor and outdoor bar areas with seating

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Pharmacy HVAC Service Parking Lot & Garage Grocery & Convenience Store Bakery Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

658
Businesses Nearby
74k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 42% Shops & Services 38% Groceries 16% Home Improvements & Furnishings 4%
McDonald's Dining
16,308 visits/mo 0.5 miles
Fareway Groceries
11,584 visits/mo 0.5 miles
Kum & Go Shops & Services
10,654 visits/mo 0.4 miles
Taco John's Dining
8,582 visits/mo 0.4 miles
Casey's General Store Shops & Services
7,915 visits/mo 0.5 miles

Demographics for 50112, IA

11,849
Population
5,018
Households
2.4
Avg Household Size
38
Median Age
38%
College-Educated
96%
High-School Grad
182.2 sq mi
ZIP Area
65
Density / Sq Mi
$64,707
Median Household Income
$34,301
Median Earnings
$863
Median Rent
$198,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Bar & Pub - Combined dining and bar facility with extensive seating, full kitchen areas, and an outdoor gathering space.
Where is this bar & pub located?
The property is located at 909 State Street Grinnell, IA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 10,114 SF single‑level bar and family restaurant facility; Spacious kitchen areas serving both restaurant and bar operations; Indoor and outdoor bar areas with seating
More about this property
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