$459,000
725 Penrose Street Grinnell, IA 50112
Save Share
Schedule a Tour
13
See all 13 photos
$459,000
Est. payment /mo
1.88 Acres Lot
Active
725 Penrose Street Grinnell, IA 50112
UPDATED:
10/29/2024 06:25 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 696214
HOA Y/N No
Annual Tax Amount $5,492
Tax Year 2024
Lot Size 1.882 Acres
Acres 1.882
Property Description
1.88 acres of commercial zoned ground for sale within the city limits of Grinnell. The property includes a 10,700 sq. ft. foot metal building (4,428 sq. ft. built in 1950), with the larger addition (6,273 sq. ft.) added in 1976. There is 1,500 sq. ft. of office space which includes a front office, 3 additional offices, a conference room, and a bathroom. Manufacturing space includes 9,500 sq. ft. with 16' sidewalls, and a 10' tall by 24' wide overhead door. The shop floor is climate controlled with an 8.5-ton AC unit, and a 160,000 BTU heating capability hookup ready - new in 2019. The office space has a new furnace/AC unit installed in 2024. The building is load-bearing steel framed with steel siding and is insulated and steel lined in the main shop area. Steel and membrane roof material. Electrical service is a 240 volt, 3 phase, 600 amp. Zoned into 5 sub-panels with each sub-panel zone served by enclosed wire trays. Overhead conduit rack for dedicated runs from the main service panel. 480 volt, 3 phase, 50 amp boost transformer with dedicated runs from the main service panel. Lots of opportunity for multiple uses or splitting the property! Easy in and out from Penrose St. and 3rd Ave. There are city services on the property. Come take a look!
Location
State IA
County Poweshiek
Area Grinnell
Zoning M-1
Interior
Fireplace No
Exterior
Private Pool No
Building
Lot Description Rectangular Lot
Sewer Public Sewer
Water Public
Schools
School District Grinnellnewburg
Others
Tax ID 1800680600
Monthly Total Fees $457
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
©2024 Des Moines Area Association of REALTORS®. All rights reserved.
Listed by Ramsey Weeks Real Estate
GET MORE INFORMATION
QUICK SEARCH