REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Ernest Abell

ernieabell.realty@hotmail.com +1(641) 414-3893

Listed by Bennett Wiltfang RE/MAX Partners Realty, Grinnell

$ 440,000

Est. payment | -/mo

1.88 Acres Lot

Save

$ 440,000

Est. payment | -/mo

Save

1.88 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID NOC6337047

Year Built 1950

Annual Tax Amount $8,736

Tax Year 2024

Lot Size 1.880 Acres

Acres 1.88

Lot Dimensions 1.88 Acres

Property Description

Prime Grinnell Manufacturing Facility For Sale or Lease. Zoned M-1 Light Industrial. This 10,700 SF steel-framed facility on 1.88 acres within Grinnell city limits offers heavy-duty infrastructure and significant room for expansion. The building features a load-bearing steel frame, steel/membrane roof, and full city services. The site is equipped with 240V, 3-phase, 600-amp service, organized into five sub-panel zones with enclosed wire trays and overhead conduit racks. It includes a 480V, 3-phase, 50-amp boost transformer with dedicated runs from the main panel, ideal for specialized machinery. The 9,500 SF manufacturing floor features 16' sidewalls and a 10'x24' overhead door. The shop is insulated, steel-lined, and climate-controlled with an 8.5-ton AC and 160,000 BTU heating hookup (updated 2019). The 1,500 sq. ft. office includes a reception, three private offices, a conference room, and a bathroom. This area features a new furnace and AC unit installed in 2024. Strategically located with easy access from Penrose St. and 3rd Ave, the large lot provides ample space for storage or potential subdivision. This versatile property is perfectly suited for an owner-user or industrial investor looking for a high-capacity, move-in-ready asset. NNN Lease options available. Inquire for additional leasing information. Schedule your private showing today.

Location

State IA

County Poweshiek

Direction Use GPS from location.

Interior

Heating Forced Air

Exterior

Parking Features Attached, Insulated Garage, Heated Garage, Covered, Outside, Gravel, Concrete

Garage Spaces 20.0

Utilities Available Electric Common, Heating Common, Hot Water Common

View Y/N true

Accessibility None

Total Parking Spaces 20

Building

Sewer City Sewer/Connected

Water Public

Structure Type Metal Siding

Schools

School District 2709 - Grinnell-Newburg

Others

Energy Description Natural Gas

Acceptable Financing NOC6337047

Listing Terms NOC6337047

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(641) 414-3893

ernieabell.realty@hotmail.com

Learn More About LPT Realty

725 Penrose ST Grinnell, IA 50112