Property Description

Captivating historic downtown corner building with commercial space and two apartments located in the heart of Grinnell. Known as the Corrough Building this fine example of turn of the century commercial design features a delicate corner “oriel” denticulated cornice stone lintels above tall windows and a striking brick elevation with stone detailing on the primary facade. The building has served many purposes over the decades and currently houses a successful restaurant on the main floor. Above are two residential units including a modern two bedroom apartment and an unfinished one or two bedroom apartment that includes the historic turret space. The property has a strong rental history with long term quality tenants and dependable occupancy. Recent investment of $162,000.00 in facade grants, for the restoration of the original southeast corner entrance and new storefront windows with the reopening of previously bricked-in window spaces to bring back natural light and architectural integrity. With the second apartment completed this property could prove to be a great long term investment in a community that has continually invested in itself. Sitting proudly on one of Grinnell’s most visible and admired corners this building draws the eye of everyone who passes and offers a rare opportunity to own a functional investment with timeless character and years of ROI to come!!

Features
: Forced Air
: Full, Unfinished
: City Sewer/Connected
Construction
: Other, Flat
Other
Business/Commercial
Other
1,306.80 Sqft
$2,330
$0
$0
Listing Office Info
6328632
28430
RE/MAX Partners Realty, Grinnell
matt@remaxcentralia.com
220860
226738
Location
901
Street
Main
US
IA
Poweshiek
Grinnell
50112
W93° 16' 26.3''
N41° 44' 36.2''
0633400
NW corner of 4th Ave and Main St.

Residential Income For Sale

901 Main Street, Grinnell, Iowa 50112

2,976 Sqft
Visits : 121 in 292 days
$295,000
Listing ID #6328632
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Price : $295,000
Status : Active
Days On Market : 40
Year Built : 1900
Square Footage : 2,976 Sqft
Lot Area : 0.03 Acre
Agent info
RE/MAX Partners Realty
932 Main Street, Grinnell, IA 50112
RE/MAX Partners Realty
932 Main Street, Grinnell, IA 50112
Contact Agent

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