# 907 Main Street, Grinnell, IA 50112

> **TL;DR:** single family, $370,000, built 1900.
> A/C. Est. $1,603/mo. Listed 279 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $370,000 |
| Year Built | 1900 |
| Lot Size | 3,372 sqft (0.08 acres) |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 279 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,603 |
| **Total** | **$1,603** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1900
- 0.08 acre lot

## Description

### Agent Description
Discover a remarkable investment opportunity located on Main Street in the heart of downtown Grinnell. This property boasts three well-established tenants: two commercial entities and one professional office. All three tenants have active leases in place. The building has been well maintained over the years. The first-floor retail and professional office spaces are tastefully decorated, featuring zero entry access to both ground-level spaces. The third commercial unit is situated upstairs, above the two street-facing commercial spaces. A brand-new rubber roof was installed in 2023. In 2004, a significant $250,000 facade restoration was completed in collaboration with the city program. Each tenant benefits from their own water, gas, and electric meters. The furnaces and AC units are relatively new, and each of the three units is equipped with breaker panels. Additionally, there is a basement beneath both 907 Main Street and 909 Main Street, featuring cement floors, currently utilized for storing seasonal supplies, extra inventory, and business records. The two buildings generate three reliable income streams, providing excellent cash flow. If you're aiming to diversify your investment portfolio, I highly recommend considering this commercial opportunity.

## Location

- **Address:** 907 Main Street, Grinnell, IA 50112
- **County:** Poweshiek
- **Coordinates:** 41.743575, -92.726049
- **Google Maps:** https://www.google.com/maps?q=41.743575,-92.726049

## Listing Agent

- **Name:** Kevin Kolbe
- **Brokerage:** Ramsey Weeks Real Estate
- **Phone:** 6419904995
- **Email:** kevin@ramseyweeksrealestate.com

## Primary Photo

![907 Main Street - Primary Photo](http://lh.rdcpix.com/d9410bcd439de18d030a712dd0ed5f80l-f536670422r.jpg)

*8 total photos available on [listing page](https://www.propertysimple.com/listing/907-main-street-grinnell-ia-50112-a724926)*

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**MLS#:** 724926 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. 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/907-main-street-grinnell-ia-50112-a724926)

---

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