Commercial Properties

714 4th Ave

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

Downloadable Documents

Property Flyer

727 Main St.

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

Downloadable Documents

Property Flyer

108 E Washington St.

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

Downloadable Documents

Property Flyer

2525 Old Hwy 163

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

Downloadable Documents

Property Flyer

2523 Washington St.

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

Downloadable Documents

Property Flyer

 

Rose Prairie

Ames, IA

Grant Ave & W. 190th St in Ames, IA

Rose Prairie is a 170-acre master-planned development in north Ames. Single-family, commercial, and multi-family parcels are available to developers for purchase. Single-family lots are also available for purchase by home-owners and builders. All builders are welcome in Rose Prairie!

Downloadable Documents

Plat Map

Master Plan

Covenants

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