725 Penrose Street, Grinnell, IA 50112
725 Penrose Street, Grinnell, IA 50112
725 Penrose Street, Grinnell, IA 50112
725 Penrose Street, Grinnell, IA 50112
725 Penrose Street, Grinnell, IA 50112
725 Penrose Street, Grinnell, IA 50112
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Jody Voss

Jody Voss

+1(515) 491-8976
$ 475,000
Est. payment | /mo

1.88 Acres Lot

Save
$ 475,000
Est. payment | /mo
Save

1.88 Acres Lot

Key Details

Property Type Commercial

Sub Type Warehouse

Listing Status Active

Purchase Type For Sale

MLS Listing ID 737943

HOA Y/N No

Year Built 1950

Annual Tax Amount $8,736

Tax Year 2024

Lot Size 1.882 Acres

Acres 1.882

Property Sub-Type Warehouse

Property Description

Prime Grinnell Manufacturing Facility For Sale or Lease. Zoned M-1 Light Industrial. This 10,700 SF steel-framed facility on 1.88 acres within Grinnell city limits offers heavy-duty infrastructure and significant room for expansion. The building features a load-bearing steel frame, steel/membrane roof, and full city services. The site is equipped with 240V, 3-phase, 600-amp service, organized into five sub-panel zones with enclosed wire trays and overhead conduit racks. It includes a 480V, 3-phase, 50-amp boost transformer with dedicated runs from the main panel, ideal for specialized machinery. The 9,500 SF manufacturing floor features 16' sidewalls and a 10'x24' overhead door. The shop is insulated, steel-lined, and climate-controlled with an 8.5-ton AC and 160,000 BTU heating hookup (updated 2019). The 1,500 sq. ft. office includes a reception, three private offices, a conference room, and a bathroom. This area features a new furnace and AC unit installed in 2024. Strategically located with easy access from Penrose St. and 3rd Ave, the large lot provides ample space for storage or potential subdivision. This versatile property is perfectly suited for an owner-user or industrial investor looking for a high-capacity, move-in-ready asset. NNN Lease options available. Inquire for additional leasing information. Schedule your private showing today.

Location

State IA

County Poweshiek

Area Grinnell

Zoning C

Interior

Heating Forced Air, Gas, Natural Gas

Cooling Central Air

Fireplace No

Exterior

Utilities Available Electricity Available

Roof Type Metal

Private Pool No

Building

Foundation Poured

Sewer Public Sewer

Water Public

Schools

School District Grinnellnewburg

Others

Tax ID 1800680600

Monthly Total Fees $728

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

©2026 Des Moines Area Association of REALTORS®. All rights reserved.
Listed by RE/MAX Partners Realty

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Jody Voss

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(515) 491-8976

jodyvossrealtor@gmail.com

2425 N Ankeny Blvd, Ankeny, IA, 50023, USA

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725 Penrose Street