925 Broad Street, Grinnell, IA 50112
sale
$825,000
|
Other
Courtesy Of Ramsey-Weeks Inc.
One of Grinnell's most iconic downtown buildings is FOR SALE - 923, 925, 927 Broad Street. There are two commercial tenants at street level (3 doors for commercial space at street level). A fourth door for the five upstairs apartments: three 2 bedroom and two one bedroom apartments. Each tenant pays their own heat, electric and water bill. The building was part of the facade restoration in the downtown in 2016. The cornice and parapet were both re-built in the last three years. A new rolled rubber roof in 2023. The water and sewer lines were both replaced when the downtown streets were replaced approx. 20 yrs. ago. The two first floor commercial spaces were completely renovated between 2018 - 2025. The five upstairs apartments have been well cared for and have experienced many updates over the last several years. Pride of ownership is evident as you walk through both the first and second floors. The building has a strong history of occupancy. Monthly/annual income and expenses will be shared upon request. If you are looking for a long term portfolio jewel, this may be what you are looking for. Call your agent for a conversation and to schedule a walk through.
Read More About This Property
Read Less About This Property
Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: Over 50 Years Old
- Appliance: Stove
- Appliance: Cooktop
- Appliance: Refrigerator
- Appliance: Dryer
- Appliance: Washer
- Cooling System: Window Unit(s)
- Cooling System: Central Air
- Exterior Type: Brick
- Exterior Type: Stone
- Floor Covering: Vinyl
- Floor Covering: Hardwood
- Heating System: Forced Air
- Heating System: Natural Gas
- Legal Description: GRINNELL S 22 1/2' LOT 8 & N 45' LOT 9 BLOCK 7
- MLSID: 744919
- Roof Type: Rubber
Data powered by Attom Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
