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909 State StreetGrinnell, IA 50112

Commercial · 10,114 Sq. ft. | 0.28 Acres
$575,000 Active

909 State Street Overview

Time on Site:
1020 days
Visits:
143

HUGE PRICE REDUCTION-LOOKING FOR OFFERS.!! Spectacular Income potential w/this spacious bar & family restaurant area all on one level. Restaurant has much seating. Spacious kitchen. Uniquely designed with rustic decor. Bar area also displays spacious & rustic decor w/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! TO SEE VIRTUAL TOUR COPY THE LINK AND PUT IN YOUR BROWSER: https://my.matterport.com/show/?m=um4vV56PQNg&mls=1

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909 State Street Facts & Features

  • Type Commercial
  • Sq. ft. 10,114
  • Price/Sq.ft. $57
  • Lot 0.28 Acres

Details

General

School Information

  • School District: Grinnell-Newburg

Listing Information

  • Contingency: None

Building Information

  • Year Built: 1900

Business Information

  • Current Use: Restaurant,Bar/Tavern/Lounge,Storage Facility

Location/Region

  • County Or Parish: Poweshiek
  • Postal City: Grinnell

Community/Development

  • Development Status: 0

Rent/Lease Information

  • Land Lease Amount: 0

Tax Information

  • Tax Annual Amount: 5650
  • Tax Year: 2024

General Information

  • Parcel Number: 1800607100
  • Possible Use: Lounge/Bar,Rest/Lounge,Restaurant
  • Property Type: Commercial Sale

Interior

Parking Information

  • Garage Spaces: 0

Building Interior

  • Building Area Total: 10114

General Information

  • Accessibility Features: Other
  • Cooling: Central Air
  • Foundation Area: 10114
  • Heating: Forced Air

Exterior

Parking Information

  • Open Parking Spaces: 10
  • Parking Features: Other

Lot Information

  • Lot Size Acres: 0.28
  • Lot Size Dimensions: 80.70x150
  • Lot Size Square Feet: 12196.8
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: Business
  • Construction Materials: Concrete,Stucco
  • Roof: Shingle,Flat

General Information

  • Number Of Units Total: 2
  • Sewer: City Sewer/Connected
  • Utilities: Heating Separate

909 State Street Neighborhood

Community

50112 (Grinnell) Demographics

41
Median Age
64
Population Density (per sq. mile)
45%
College Educated
$54,349
Estimated Median Income
2,996
Estimated Total Home Owners
1,842
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

909 State Street Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

909 State Street Market Data

Based on the last 30 days in this zip code

$253,949
Average List Price
$139
Average Price per Square Foot
10
Properties Sold
81
Average Days on Market
84
Properties for Sale
Calculations provided by Reliance Network

909 State Street History

Date Event Value Agent
5/13/2025Source: NoCoast MLS Price Reduction
$575,000 -23.3%
2/21/2025Source: NoCoast MLS Added to Database
February 21, 2025
Listing provided courtesy of Grinnell Realty LLCNoCoast MLS- MLS# 6021068MLS Provider