Restaurants

Grinnell, IA Restaurants for Sale

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Downtown Multifamily and Bar Buildings
Updated: Apr 20
Downtown Multifamily and Bar Buildings

717 & 721 4th Avenue, Grinnell, IA 50112

$350,000
0.18 AC lot
Offered as a package: 717 4th Ave. and 721 4th Ave. in downtown Grinnell
717 4th Ave. multifamily: 2 apartments, each 2 bed/1 bath; both apartments are occupied
721 4th Ave. bar is owner‑occupied and currently operating as Rabbitt's Tavern
Bar fixtures will stay and a majority of the bar inventory is included; inventory list provided upon request
Public water source
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Based on your search, we've compiled 33 Potential Opportunities for your consideration. Besides 1 Active listings in Grinnell, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 24 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

New Drive-Thru Starbucks Investment
New Drive-Thru Starbucks Investment

1220 W 18th St S, Newton, IA 50208

$2,308,000
2,160 sqft

New construction Starbucks in Newton, IA, near Interstate 80.

View details
Stand-Alone Restaurant with Patio
Stand-Alone Restaurant with Patio

2013 S Center St, Marshalltown, IA 50158

Contact for pricing
8,128 sqft

Stand-alone restaurant building with a large patio area and renovation work nearing completion for a new operator.

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Mixed-Use Commercial Building
Mixed-Use Commercial Building

114 N 2nd Ave W, Newton, IA 50208

$150,000

Two floors of commercial space with basement storage, with a second-floor apartment or studio possibility.

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Stand-Alone Restaurant with Patio
Stand-Alone Restaurant with Patio

2013 S Center St, Marshalltown, IA 50158

Contact for pricing

Stand-alone restaurant property on Highway 14 with large patio space, recently almost completely renovated.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Grinnell Development Land For Sale
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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Prime Development Land on Highway
Prime Development Land on Highway

Parcel #1014300003, Oskaloosa, IA 52577

$3,800,000
21.53 AC lot

21.53 acre commercial development parcel with high visibility.

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Commercial Development Lot
Commercial Development Lot

600 S Main Avenue, Huxley, IA 50124

$287,000
2.20 AC lot

Commercially zoned lot in Huxley, IA, offering investment land potential near Highway 69 and Interstate 35.

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Zoned Commercial Development Lot
Zoned Commercial Development Lot

103 Anthem Drive, Huxley, IA 50124

$285,000
2.18 AC lot

For sale commercial lot in Huxley zoned Comm, offering a development site within the Anthem area.

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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.

915 Main St
RESTAURANT

915 Main St, Grinnell, IA 50112-2049

Value Estimation by Request
1,680 sqft 0.11 AC lot
View details
2110 Ww S St
RESTAURANT

2110 Ww S St, Grinnell, IA 50112-8109

$520,000
Estimated value
9,000 sqft 1.72 AC lot
View details
1014 3rd Ave
RESTAURANT

1014 3rd Ave, Grinnell, IA 50112-2112

$580,000
Estimated value
4,777 sqft 0.62 AC lot
View details
229 6th W Ave
RESTAURANT

229 6th W Ave, Grinnell, IA 50112-8230

Value Estimation by Request
3,248 sqft 0.73 AC lot
View details
613 Ww S St
RESTAURANT

613 Ww S St, Grinnell, IA 50112-8103

$980,000
Estimated value
5,117 sqft 1.21 AC lot
View details
827 Ww St
BAR, TAVERN

827 Ww St, Grinnell, IA 50112-2111

Value Estimation by Request
1,800 sqft 0.17 AC lot
View details
909 State St
RESTAURANT

909 State St, Grinnell, IA 50112-2013

Value Estimation by Request
10,040 sqft 0.28 AC lot
View details
229 Ww St
DRIVE-THRU RESTAURANT, FAST FOOD

229 Ww St, Grinnell, IA 50112-2313

Value Estimation by Request
2,794 sqft 0.57 AC lot
View details
812 6th Ave
DRIVE-THRU RESTAURANT, FAST FOOD

812 6th Ave, Grinnell, IA 50112-1607

Value Estimation by Request
1,288 sqft 0.15 AC lot
View details
1020 West St
Restaurants

1020 West St, Grinnell, IA 50112

Value Estimation by Request
1,604 sqft
View details
923 Main St
BAR, TAVERN

923 Main St, Grinnell, IA 50112-2161

Value Estimation by Request
6,086 sqft 0.09 AC lot
View details
924 Main St
RESTAURANT

924 Main St, Grinnell, IA 50112-2048

Value Estimation by Request
2,801 sqft 0.10 AC lot
View details
908 Main St
RESTAURANT

908 Main St, Grinnell, IA 50112-2048

Value Estimation by Request
8,130 sqft 0.20 AC lot
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831 Main St
RESTAURANT

831 Main St, Grinnell, IA 50112-2147

Value Estimation by Request
10,394 sqft 0.15 AC lot
View details
915 Broad St
RESTAURANT

915 Broad St, Grinnell, IA 50112-2047

Value Estimation by Request
3,556 sqft 0.08 AC lot
View details
829 Broad St
BAR, TAVERN

829 Broad St, Grinnell, IA 50112-2108

Value Estimation by Request
3,780 sqft 0.09 AC lot
View details
712 6th Ave
RESTAURANT

712 6th Ave, Grinnell, IA 50112-1605

Value Estimation by Request
968 sqft 0.11 AC lot
View details
1810 6th Ave
DRIVE-THRU RESTAURANT, FAST FOOD

1810 6th Ave, Grinnell, IA 50112-1730

Value Estimation by Request
568 sqft 0.27 AC lot
View details
721 4th Ave
BAR, TAVERN

721 4th Ave, Grinnell, IA 50112-2040

Value Estimation by Request
2,172 sqft 0.06 AC lot
View details
1020 Ww St
DRIVE-THRU RESTAURANT, FAST FOOD

1020 Ww St, Grinnell, IA 50112-1645

Value Estimation by Request
1,604 sqft 0.32 AC lot
View details
101 Ww St
RESTAURANT

101 Ww St, Grinnell, IA 50112-2311

Value Estimation by Request
5,361 sqft 1.18 AC lot
View details
706 Ww St
DRIVE-THRU RESTAURANT, FAST FOOD

706 Ww St, Grinnell, IA 50112-2242

Value Estimation by Request
2,924 sqft 0.85 AC lot
View details
1102 Ww St
DRIVE-THRU RESTAURANT, FAST FOOD

1102 Ww St, Grinnell, IA 50112-1646

Value Estimation by Request
1,610 sqft 0.22 AC lot
View details

Grinnell, IA Restaurants Market Trends and Statistics

Explore 25 restaurants for sale in Grinnell, IA on our real estate platform.

Sale prices for restaurant properties in Grinnell, IA average $350,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 1

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 $350K

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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