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Grimes, IA Retail Properties & Spaces for Sale

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Johnston, IA Urbandale, IA Granger, IA Des Moines, IA Waukee, IA Clive, IA West Des Moines, IA Polk City, IA
New Retail Center in Grimes
Updated: Mar 6
New Retail Center in Grimes

825 NE Gateway Dr., Grimes, IA 50111

Contact for pricing
1,600 sqft 3.12 AC lot
Located off heavily trafficked HWY 141 with 22,000 VPD (2021).
Located just east of GrimesPlex, estimated to draw 1.5 million visitors per year.
Part of Hope District, a new 200‑acre multi‑use entertainment district.
New construction (built in 2022) retail strip center.
Generous TI Allowance.
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Retail Building at District Entrance
Updated: May 21
Retail Building at District Entrance

1101 E 1st St, Grimes, IA 50111

Contact for pricing
20,250 sqft
Constructed in 2021
At the entrance to the Hope District
1101 E 1st St, Grimes, IA 50111
Surrounded by Grimes‑Plex, Hy‑Vee, Culver’s, Arby’s, Jiffy Lube, and DUPACO Credit Union
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New Bank Building with Absolute NNN Lease
New Bank Building with Absolute NNN Lease

331 Northeast Cypress Drive, Grimes, IA 50111

Contact for pricing
4,500 sqft

Newly built banking facility within a C-2 Highway Commercial District.

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New Retail Center in Grimes
New Retail Center in Grimes

825 NE Gateway Dr, Grimes, IA 50111

Contact for pricing
21,238 sqft

New retail strip center near high-traffic area and entertainment district.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Grimes, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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.

Retail Space
Retail Space

7695 NW Beaver Dr, Johnston, IA 50131

Contact for pricing
1,927 sqft

For sale retail space offering 1,927 SF of commercial area.

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Retail and Office Corridor Property
Retail and Office Corridor Property

2901 86th St, Urbandale, IA 50322

Contact for pricing

Retail and office property on a major mixed-use corridor with visibility on 86th Street and high daily traffic counts.

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Net-Leased Drug Store
Net-Leased Drug Store

6200 Merle Hay Road, Johnston, IA 50131

Contact for pricing

Fee simple interest in a net leased Walgreens with minimal landlord obligations and multiple lease renewal options.

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Retail Building in Urbandale Area
Retail Building in Urbandale Area

3054 86th St, Urbandale, IA 50322

Contact for pricing
13,262 sqft

13,262 SF retail building with strong investment potential.

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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.

Commercial Land in Johnston, Iowa
Commercial Land in Johnston, Iowa

8605 Valley Parkway, Johnston, IA 50131

$2,314,000
26.50 AC lot

Two adjoining parcels with commercial options in Johnston, Iowa.

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Prime Land in Urbandale
Prime Land in Urbandale

2931 & 2941 100th Street |, Urbandale, IA 50322

$450,000
1.19 AC lot

Two parcels totaling 1.19 acres in established Urbandale.

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Development Tract in Granger, Iowa
Development Tract in Granger, Iowa

2220 Kennedy Boulevard, Granger, IA 50109

$985,000
5.30 AC lot

5.3 acre development tract in growing northwest Des Moines metro.

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Clive Land for Sale
Clive Land for Sale

156th & Hickman |, Clive, IA 50325

$716,900
1.38 AC lot

Two commercial pad sites available in Clive, Iowa.

View details

Off-Market Properties in Grimes, IA

Consider similar Off-Market properties in Grimes, 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.

250 Gtwy Dr
RETAIL STORES (PERSONAL SERVICES)

250 Gtwy Dr, Grimes, IA 50111-2045

$240,000
Estimated value
2,000 sqft 0.63 AC lot
View details
1905 37th St
CONVENIENCE STORE

1905 37th St, Grimes, IA 50111-4941

$470,000
Estimated value
3,854 sqft 1.90 AC lot
View details
101 Gtwy Dr
DRIVE-THRU RESTAURANT, FAST FOOD

101 Gtwy Dr, Grimes, IA 50111-4768

$640,000
Estimated value
3,774 sqft 1.93 AC lot
View details
2581 1st St
SERVICE SHOP (TV, ELECTRIC, PLUMBING)

2581 1st St, Grimes, IA 50111-7610

$650,000
Estimated value
5,260 sqft 1.00 AC lot
View details
1201 1st St
DRIVE-THRU RESTAURANT, FAST FOOD

1201 1st St, Grimes, IA 50111-4850

$1,800,000
Estimated value
2,584 sqft 1.00 AC lot
View details
1900 37th St
CONVENIENCE STORE

1900 37th St, Grimes, IA 50111

$550,000
Estimated value
4,514 sqft 1.74 AC lot
View details
210 Main St
RETAIL STORES (PERSONAL SERVICES)

210 Main St, Grimes, IA 50111-2192

$175,000
Estimated value
2,200 sqft 0.07 AC lot
View details
1101 1st St
SHOPPING CENTER, STRIP CENTER

1101 1st St, Grimes, IA 50111-4945

$4,910,000
Estimated value
20,250 sqft 2.59 AC lot
View details
301 Cypress Dr
CAR WASH

301 Cypress Dr, Grimes, IA 50111-2379

$3,850,000
Estimated value
4,505 sqft 1.11 AC lot
View details
3500 Xrds Dr
CAR WASH

3500 Xrds Dr, Grimes, IA 50111

$115,000
Estimated value
3,644 sqft 0.63 AC lot
View details
1901 11th St
CAR WASH

1901 11th St, Grimes, IA 50111

$3,765,000
Estimated value
5,385 sqft 1.90 AC lot
View details
209 Main St
RETAIL STORES (PERSONAL SERVICES)

209 Main St, Grimes, IA 50111-2192

$220,000
Estimated value
2,228 sqft 0.20 AC lot
View details
1120 Sta Xing
GYM, HEALTH SPA

1120 Sta Xing, Grimes, IA 50111-8012

$1,485,000
Estimated value
47,712 sqft 2.35 AC lot
View details
221 Gtwy Dr
FINANCIAL BUILDING

221 Gtwy Dr, Grimes, IA 50111-1283

$95,000
Estimated value
12,767 sqft 1.48 AC lot
View details
309 1st St
RESTAURANT

309 1st St, Grimes, IA 50111-2332

$265,000
Estimated value
3,500 sqft 0.23 AC lot
View details
2170 1st St
DRIVE-THRU RESTAURANT, FAST FOOD

2170 1st St, Grimes, IA 50111-7606

$1,205,000
Estimated value
2,831 sqft 1.24 AC lot
View details
213 Main St
RESTAURANT

213 Main St, Grimes, IA 50111-2192

$175,000
Estimated value
1,323 sqft 0.07 AC lot
View details
12671 Meredith Dr
SHOPPING CENTER, STRIP CENTER

12671 Meredith Dr, Grimes, IA 50111

$1,915,000
Estimated value
11,700 sqft 3.46 AC lot
View details
251 Cypress Dr
DRIVE-THRU RESTAURANT, FAST FOOD

251 Cypress Dr, Grimes, IA 50111-2378

$760,000
Estimated value
6,478 sqft 1.10 AC lot
View details
1501 1st St
SERVICE SHOP (TV, ELECTRIC, PLUMBING)

1501 1st St, Grimes, IA 50111-3900

$1,105,000
Estimated value
4,187 sqft 1.39 AC lot
View details

Grimes, IA Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Grimes, IA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 47,588 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 1
Storefront properties 1

Demographics Overview

Population 16K
Population Growth (5Y) +18.1%
Median Household Income $108,352
College Educated 64.1%

Taxes & Financing

Tax Rate (average for all types) 2.29%
Property Tax per SF $36.10 per SF
Tax Rate vs County Average 0.13 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Polk County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Polk County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Grimes fall within the 50,000 to 100,000 square foot range.

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