# 717 & 721 4th Avenue, Grinnell, IA 50112

> **TL;DR:** commercial, $350,000, built 1900. Est. $1,517/mo. Listed 42 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $350,000 |
| Year Built | 1900 |
| Lot Size | 7,841 sqft (0.18 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 42 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,517 |
| **Total** | **$1,517** |

## Property Highlights

- Built in 1900
- 0.18 acre lot

## Description

### Agent Description
Investment Opportunity in the heart of downtown Grinnell - 717 4th Ave. & 721 4th Ave. These two downtown buildings are being offered as a package deal. 717 4th Ave. is a multifamily building with two apartments that are each 2 bedroom, 1 bathroom. Both apartments are occupied. 721 4th Ave. is a bar that is owner-occupied and currently operating as Rabbitt's Tavern. The bar fixtures will stay and a majority of the bar inventory is included in the sale. Bar Inventory List will be provided upon request. Call your local agent today to schedule a viewing!

## Location

- **Address:** 717 & 721 4th Avenue, Grinnell, IA 50112
- **County:** Poweshiek
- **Coordinates:** 41.743484, -92.726267
- **Google Maps:** https://www.google.com/maps?q=41.743484,-92.726267

## Listing Agent

- **Name:** Matthew Karjalahti
- **Brokerage:** RE/MAX Partners Realty, Grinnell
- **Phone:** 6412600672
- **Email:** matt@remaxcentralia.com

## Primary Photo

![717 & 721 4th Avenue - Primary Photo](http://lh.rdcpix.com/4d60dd8d63dd3301f833f87122084d8cl-f954186658r.jpg)

*18 total photos available on [listing page](https://www.propertysimple.com/listing/717-721-4th-avenue-grinnell-ia-50112-6337423)*

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**MLS#:** 6337423 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/717-721-4th-avenue-grinnell-ia-50112-6337423)

---

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