Grinnell, IA Retail Properties & Spaces for Sale

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Updated: Jul 9

Downtown Mixed-Use Building

925 Broad Street, Grinnell, IA 50112

$825,000

0.26 AC lot

Five upstairs apartments: three 2‑bedroom units and two 1‑bedroom units
Two street‑level commercial spaces with three commercial doors
Commercial areas renovated between 2018–2025
0.2557‑acre downtown property at 925 Broad Street, Grinnell, IA
Facade restoration completed in 2016; cornice and parapet rebuilt within the last three years

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Updated: Aug 26, 2025

Mixed-Use Property with Rubber Roof

907 Main Street, Grinnell, IA 50112

$225,000

0.08 AC lot

Two established tenants occupy the ground‑floor retail and professional office spaces, with active leases in place
Vacant upper level has a separate street‑level entrance and separate utilities
New rubber roof installed in 2023
Three spaces, each with its own breaker panel
Separate water, gas, and electric meters for each tenant

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Mixed-Use Building with Apartments

925 Broad St, Grinnell, IA 50112

$825,000

10,000 sqft

Downtown property combines street-level commercial space with updated upper-floor apartments and tenant-paid heat, electric, and water.

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Net-Leased Freestanding Retail Gas Station

1002 West Street, Grinnell, IA 50112

Contact for pricing

2,944 sqft 0.85 AC lot

Freestanding retail property net leased to Maverik with 10.5 years remaining on the term.

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Grocery and Convenience Store

1026 MAIN ST, Grinnell, IA 50112

Contact for pricing

12,330 sqft

Grocery retail property housed in a building dating to 1908.

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Retail Space in Grinnell, Iowa

1031 West St, Grinnell, IA 50112

$2,500,000

Retail space available for sale in Grinnell, Iowa.

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Storefront Property with Vacant Space

907 Main St, Grinnell, IA 50112

$225,000

Two leased ground-floor spaces and a separately accessed upper level provide a flexible commercial configuration.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 7 Active listings in Grinnell, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 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.

Strip Mall Suites

2617 1st Ave E, Newton, IA 50208

Contact for pricing

2,940 sqft

Two suites provide retail space within a multi-tenant center.

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Multi-Building Auto Shop Property

406 W Ross Street, Toledo, IA 52342

Contact for pricing

1.67 AC lot

Three commercial buildings offer shop, storage, office, and vehicle-service functionality across a wired 1.67-acre site.

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Storefront with New Roof

1718 1st Ave E, Newton, IA 50208

Contact for pricing

3,240 sqft

The building offers NNN lease terms and a roof installed in 2023.

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Commercial Auto Shop Property

103 Business Hwy 30 W, Toledo, IA 52342

$130,000

0.58 AC lot

Commercially zoned site with an operating dealership, apartment space, and a separate metal shop building.

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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.

Interstate Development Land For Sale

505 Lang Creek Avenue, Grinnell, IA 50112

$2,992,572

18.82 AC lot

Commercial land with high traffic volume, visible from Interstate 80.

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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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Cleared Commercial Land

1000 1st Avenue W, Newton, IA 50208

Contact for pricing

0.40 AC lot

Level commercial parcel with public water and sewer available at the street.

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Commercial Land in Established Setting

2901 South Center Street, Marshalltown, IA 50158

Contact for pricing

1.20 AC lot

1.2-acre parcel suitable for office or retail development.

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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.

RESTAURANT

915 Main St, Grinnell, IA 50112-2049

$160,000

Estimated value

1,680 sqft 0.11 AC lot

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RESTAURANT

2110 Ww S St, Grinnell, IA 50112-8109

$495,000

Estimated value

9,000 sqft 1.72 AC lot

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RETAIL STORES (PERSONAL SERVICES)

720 5th Ave, Grinnell, IA 50112-1603

$130,000

Estimated value

2,440 sqft 0.06 AC lot

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RESTAURANT

1014 3rd Ave, Grinnell, IA 50112-2112

$550,000

Estimated value

4,777 sqft 0.62 AC lot

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RESTAURANT

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

$220,000

Estimated value

3,248 sqft 0.73 AC lot

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RESTAURANT

613 Ww S St, Grinnell, IA 50112-8103

$975,000

Estimated value

5,117 sqft 1.21 AC lot

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BAR, TAVERN

827 Ww St, Grinnell, IA 50112-2111

$95,000

Estimated value

1,800 sqft 0.17 AC lot

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CONVENIENCE STORE

715 Lang Crk Ave, Grinnell, IA 50112-8168

$2,250,000

Estimated value

4,638 sqft 3.31 AC lot

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RETAIL STORES (PERSONAL SERVICES)

901 Main St, Grinnell, IA 50112-2049

$115,000

Estimated value

2,997 sqft 0.03 AC lot

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RESTAURANT

909 State St, Grinnell, IA 50112-2013

$220,000

Estimated value

10,040 sqft 0.28 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

229 Ww St, Grinnell, IA 50112-2313

$220,000

Estimated value

2,794 sqft 0.57 AC lot

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RETAIL STORES (PERSONAL SERVICES)

815 4th Ave, Grinnell, IA 50112-2042

$225,000

Estimated value

10,000 sqft 0.13 AC lot

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SHOPPING CENTER, STRIP CENTER

615 Horseshoe Dr, Grinnell, IA 50112-4711

$385,000

Estimated value

10,200 sqft 1.10 AC lot

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VEHICLE SALES, RENTALS

1318 Ww S St, Grinnell, IA 50112-8162

$265,000

Estimated value

16,075 sqft 12.35 AC lot

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RETAIL STORES (PERSONAL SERVICES)

802 Commercial St, Grinnell, IA 50112-2143

$205,000

Estimated value

6,964 sqft 0.09 AC lot

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RETAIL STORES (PERSONAL SERVICES)

700 Maple St, Grinnell, IA 50112-2205

$250,000

Estimated value

14,420 sqft 5.07 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

812 6th Ave, Grinnell, IA 50112-1607

$230,000

Estimated value

1,288 sqft 0.15 AC lot

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Grinnell, IA Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Grinnell, IA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 25,274 square feet of properties for sale, with an estimated market value of $4,600,000.

Sale prices for stores in Grinnell, IA start at $225,000, averaging $920,000, and reaching up to $2,500,000 — 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

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	$920K

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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Grinnell, IA Retail Properties & Spaces for Sale

925 Broad Street, Grinnell, IA 50112

907 Main Street, Grinnell, IA 50112

925 Broad St, Grinnell, IA 50112

1002 West Street, Grinnell, IA 50112

1026 MAIN ST, Grinnell, IA 50112

1031 West St, Grinnell, IA 50112

907 Main St, Grinnell, IA 50112

Opportunities in Nearby Cities

2617 1st Ave E, Newton, IA 50208

406 W Ross Street, Toledo, IA 52342

1718 1st Ave E, Newton, IA 50208

103 Business Hwy 30 W, Toledo, IA 52342

Potential Development Sites for Consideration

505 Lang Creek Avenue, Grinnell, IA 50112

500 Lang Creek Avenue, Grinnell, IA 50112

1000 1st Avenue W, Newton, IA 50208

2901 South Center Street, Marshalltown, IA 50158

Off-Market Properties in Grinnell, IA

915 Main St, Grinnell, IA 50112-2049

2110 Ww S St, Grinnell, IA 50112-8109

720 5th Ave, Grinnell, IA 50112-1603

1014 3rd Ave, Grinnell, IA 50112-2112

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

613 Ww S St, Grinnell, IA 50112-8103

827 Ww St, Grinnell, IA 50112-2111

715 Lang Crk Ave, Grinnell, IA 50112-8168

901 Main St, Grinnell, IA 50112-2049

909 State St, Grinnell, IA 50112-2013

229 Ww St, Grinnell, IA 50112-2313

815 4th Ave, Grinnell, IA 50112-2042

615 Horseshoe Dr, Grinnell, IA 50112-4711

1318 Ww S St, Grinnell, IA 50112-8162

802 Commercial St, Grinnell, IA 50112-2143

700 Maple St, Grinnell, IA 50112-2205

812 6th Ave, Grinnell, IA 50112-1607

Grinnell, IA Retail Properties & Spaces Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Residential Income

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