Commercial Properties

Grinnell, IA

Wonderful investment opportunity in Grinnell, Iowa. Building was previously used for a Chinese restaurant and is now ready to be transformed for its next tenant. Would make a great space for a yoga studio, physical therapy office, women’s clothing store, home decor store, or a high-end restaurant.

• Market Value – $283,000
• LTV – 72.5%
• Value Add Equity – $53,080
• DSCR – 1.53
• Monthly Cash Flow – $740
• Annualized Cash on Cash – 27%
• Cap Raise – $25,000

Call today to schedule a showing — 515-520-7851

Pella, IA

You do not want to miss out on this retail space available in downtown Pella for purchase or lease! The building was completely renovated in 2017 –  electrical, windows, exterior paint, flooring, etc. It has beautifully exposed brick walls, high ceilings, and a small storage space in the back.

• For Sale $225,000
• For Lease $1,600/month + utilities
• 1,540 SF
• Retail Space
• Built in 1900
• Located Downtown Pella
• Available October 2019

Call today to schedule a showing — 515-520-7851

Monroe, IA

Great office or retail space with drive-through located in downtown Monroe, IA. This well-kept building will make a perfect location for an office or retail user. Very spacious with little remodel needed. Bonus rental income from ATM located on the east side of the building.

• For Sale $115,000

• 2,596 SF

• Built in 1935

• Drive-Through Lane

• Lot to East Included

• Retail or Office Space

• Lease Income from ATM

Call today to schedule a showing — 515-520-7851

Pella, IA

This highly visible commercial building was built in 2010 and contains 3,200 sf of finished space. Located right off HWY 163, this space is a great fit for office or destination retail. 

• For Sale $380,000
• Office or Retail Space
• 3200 SF
• Built in 2010

Call today to schedule a showing — 515-520-7851

Pella, IA 

Beautiful office space for sale or lease at Sterling Professional Plaza located on Washington St. right off Highway 163. This office space is 1145 sf and has a geothermal heating and cooling system. This space is ready for your custom finishes! Sterling Professional Plaza currently houses Sterling Physical Therapy and Vintage Cooperative.  

• For Sale $139,900
• For Lease $10/sf NNN
• 1145 SF
• Built in 2008
• Located right off exit 40
• Minutes from downtown Pella 

Call today to schedule a showing — 515-520-7851

Dexter, IA

1490 365th Cir in Dexter, IA