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  • $269,000

    901 Main St, Grinnell, IA 50112

    --beds
    0baths
    2,976sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $269,000 Zestimate®
    $90/sqft
    $-- Estimated rent

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    What's special

    Captivating historic downtown corner building with commercial space and two apartments located in the heart of Grinnell. Known as the Corrough Building this fine example of turn of the century commercial design features a delicate corner "oriel" denticulated cornice stone lintels above tall windows and a striking brick elevation with stone detailing on the primary facade. The building has served many purposes over the decades and currently houses a successful restaurant on the main floor. Above are two residential units including a modern two bedroom apartment and an unfinished one or two bedroom apartment that includes the historic turret space. The property has a strong rental history with long term quality tenants and dependable occupancy. Recent investment of $162,000.00 in facade grants, for the restoration of the original southeast corner entrance and new storefront windows with the reopening of previously bricked-in window spaces to bring back natural light and architectural integrity. With the second apartment completed this property could prove to be a great long term investment in a community that has continually invested in itself. Sitting proudly on one of Grinnell’s most visible and admired corners this building draws the eye of everyone who passes and offers a rare opportunity to own a functional investment with timeless character and years of ROI to come!!

    Zillow last checked: 7 hours ago

    Listing updated: October 02, 2025 at 06:01pm

    Listed by:

    Matthew Karjalahti 641-260-0672,

    RE/MAX Partners Realty, Grinnell,

    Bennett Wiltfang,

    RE/MAX Partners Realty, Grinnell

    Bought with:

    Matthew Karjalahti, ***

    RE/MAX Partners Realty, Grinnell

    Bennett Wiltfang, ***

    RE/MAX Partners Realty, Grinnell

    Source: NoCoast MLS,MLS#: 6328632MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced Air
    Features
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,976 sqft

    Property

    Parking
    • Parking features: On Street
    Accessibility
    • Accessibility features: Partially Wheelchair
    Features
    • Stories: 2
    Lot
    • Size: 1,306 sqft
    • Dimensions: 20 x 75
    Details
    • Foundation area: 1500
    • Parcel number: 0633400
    • Zoning: Business/Commercial

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Brick
    • Roof: Flat,Other
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Grinnell

    HOA & financial

    HOA
    • Has HOA: No
    • Association name: MIR

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Paved