308 Park Street, Grinnell, IA 50112

$240,000 Asking Price

3 beds
2 baths
1,400  sqft
Built in 1950

Investment diversity- How often do you get multiple investment options with one property within the city limits of Grinnell: Residential, Storage, and Commercial, all proven income streams. 1,500 sq. ft., three bed, 1 1/2 bath, apartment with forced air heat and central air conditioning, w/full kitchen, includes washer/dryer. Presently rents for $1,250/month includes utilities. To the east and north of the apartment includes a large shop/storage space with heat and electricity measuring 15' x 80'. Additional shop/storage space with 11' overhead door and bathroom. Three additional storage or shop spaces with electricity and pedestrian door. The property also includes a detached storage building with four bays measuring 12' x 40' with 11' overhead doors. Large concrete approach from Pars St. to storage building and apartment/commercial building. Current owner is relocating business and will vacate the shops and storage spaces attached to the main building. along with one of the storage bays.


Features & Amenities

Interior

General:
Dining Area
Appliances:
Dryer,Refrigerator,Stove,Washer
Laundry:
Main Level
Flooring:
Laminate,Vinyl
A/C:
true, Central Air
Heating:
true, Forced Air,Gas,Natural Gas

Exterior

Style:
Ranch
Parking:
Detached,Garage,Tandem

Construction

Roofing:
Metal,Rolled/Hot Mop
General:
See Remarks,Slab

Location

Road/Access:
Concrete
Originating MLS:
DMAAR
School District:
GrinnellNewburg
County:
Poweshiek

Lot

Zoning:
Com, Lincoln Park Lots 19, 20, &21. Block 16, 0708300

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
DMAAR
Buyers Agent Compensation:
2.5000

This listing courtesy of:
Ramsey Weeks Real Estate, Kevin Kolbe

About Grinnell, IA

Housing

Number of Units
5,166
Median Home Value
$165,065
Median Rent
$617

36.66% of housing units are renter occupied.

7.85% are vacant.

Commute

Car
73.49%
Public Transportation
0.21%
Walk to Work
16.18%
Work from Home
7.44%
Other
0.98%

The median travel time to work is 16 minutes.

People

Population
11,815
Median Age
38.80
Median Household Size
2.34

Education

High School
33.65%
Associate’s Degree
9.24%
Bachelor’s Degree
16.89%
Graduate Degree
20.03%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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