• Asking Price $459,000
  • 725 PENROSE ST GRINNELL, IA 50112

  • Commercial / Resale (MLS)

Property Details for 725 PENROSE ST, GRINNELL, IA 50112

Features

  • Lot Size: 1.882 acres
  • Stories: 1
  • Roof Type: Urethane
  • Exterior Walls: Metal

Facts

  • Year Built: 01/01/1950
  • Property ID: 887801617
  • MLS Number: 696214
  • Parcel Number: 0680600
  • Property Type: Commercial
  • County: Poweshiek
  • Legal Description: MC NALLYS SUB LOT 1 BLOCK 1 & DAVIS ADD LOTS 17 & 18 BLOCK 2
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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!

Real Estate Professional In Your Area

Need help finding a home?
Contact a Real Estate Pro.



Are you a Real Estate Agent?

Get Premium leads by becoming a UltraForeclosures.com preferred agent for listings in your area

Learn More

Click here to view more details
Property Brokerage: Ramsey-Weeks Inc. PO Box 568 Grinnell IA 50112
Copyright © 2024 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.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.