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909 State St

10,114 SF Retail Building Grinnell, IA 50112 $750,000 ($74/SF)

Restaurants Iowa Grinnell 909 State St, Grinnell, IA 50112

Investment Highlights

  • 2 Established businesses with great income potential
  • Ready for an ambitious visionary with hopes of bulking their portfolio with a revenue boosting venture!
  • Available immediately!

Executive Summary

PRICE REDUCED LOOKING FOR OFFERS.!!Seller will give buyer $40,000 working capital at closing to get started on an acceptable offer! No lowball offer please!! CALL TO SET UP AN APPOINTMENT TODAY TO VIEW THIS GREAT PROPERTY. Spectacular Income potential with this spacious bar & income producing family restaurant all on one level. Spacious kitchen. Uniquely designed with rustic décor. Bar area also displays spacious & rustic décor with
fun displays, seating and games. Sit at your own spool table or at the bar itself. Step outside to the unique bar with plenty of seating for large gatherings. There is much
to do here, including, TV's, gaming machines, darts, piano, pool tables or play the juke box & dance the night away. The bar has a full kitchen so you can enjoy the
menu with sandwiches & appetizers. This is a one stop for a night out on the town. There is a 36.4 x 84.6 storage area as well or expand. This is a great opportunity
Call Robin Marcinik at 641-325-0002 Today!

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,114 SF
Building Class
C
Year Built
1900
Price
$750,000
Price Per SF
$74
Tenancy
Single
Building Height
1 Story
Building FAR
0.83
Land Acres
0.28 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
CR - Commercial Restaurant
Parking
30 Spaces (2.97 Spaces per 1,000 SF Leased)

Amenities

  • Restaurant
  • Signage
  • Air Conditioning
  • Smoke Detector

About 909 State St , Grinnell, IA 50112

Restaurant is currently leased providing steady income with a wide variety menu & much seating. Spacious kitchen. Uniquely designed with rustic décor. Bar area also displays spacious & rustic décor with fun displays, seating and games. Sit at your own spool table or at the bar itself. Step outside to the unique bar with plenty of seating for large gatherings. There is much to do here, including, TV's, gaming machines, darts, piano, pool tables or play the juke box & dance the night away. The bar has a full kitchen so you can enjoy the menu with sandwiches & appetizers. This is a one stop for a night out on the town. There is a 36.4 x 84.6 storage area as well or expand. This is a great opportunity Call Today!

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Grinnell Pub
  • -
  • 10,114 SF
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Grinnell Pub - 10,114 SF - -

Links

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Walk Score ®
Very Walkable (80)
Bike Score ®
Very Bikeable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 180-0607100 Improvements Assessment $169,220
Land Assessment $80,700 Total Assessment $249,920

PROPERTY TAXES

Parcel Number
180-0607100
Land Assessment
$80,700
Improvements Assessment
$169,220
Total Assessment
$249,920
(641) 325-0002

  • Listing ID: 23731274

  • Date on Market: 7/20/2021

  • Last Updated:

  • Address: 909 State St, Grinnell, IA 50112

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909 State St, Grinnell, IA for sale Primary Photo- Image 1 of 11
Patio Area
909 State St, Grinnell, IA for sale Building Photo- Image 2 of 11
Fenced Patio
909 State St, Grinnell, IA for sale Building Photo- Image 3 of 11
Pub Entry
909 State St, Grinnell, IA for sale Interior Photo- Image 4 of 11
2nd Game Area
909 State St, Grinnell, IA for sale Interior Photo- Image 5 of 11
Game Area
909 State St, Grinnell, IA for sale Building Photo- Image 6 of 11
Patio
909 State St, Grinnell, IA for sale Building Photo- Image 7 of 11
Bar Seating
909 State St, Grinnell, IA for sale Building Photo- Image 8 of 11
Bar Area
909 State St, Grinnell, IA for sale Interior Photo- Image 9 of 11
Restaurant Dining
909 State St, Grinnell, IA for sale Interior Photo- Image 10 of 11
Restaurant Kitchen

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909 State St
(641) 325-0002 x

909 State St

Robin Marcinik

(641) 325-0002

(641) 325-0002

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