1026 Main St 12,339 SF Retail Building Grinnell, IA 50112 $1,674,744 CAD ($135.73 CAD/SF)

McNally's Foods is a turnkey grocery store for sale in the heart of downtown Grinnell, Iowa. The real estate, the operating business, and all furniture, fixtures, and equipment are included in a single purchase, with inventory sold separately at closing — so a new owner can step in and keep running the store without interruption. A long-established, full-service market that has served the community for generations, McNally's remains a daily-needs anchor on the city's Main Street and carries a loyal, multi-generational customer base.
The single-story building is 12,330 square feet on a 0.28-acre downtown lot, zoned C-3, and is fully set up and equipped to operate from day one. The store carries a full range of departments — grocery, produce, meat, dairy, frozen, and general merchandise — with a popular deli and bakery and a licensed beer, wine, and liquor section.
The location is set up to grow. Two new apartment developments are underway within one block — 53 units going up right next to the store and about 40 more planned across the street — which will add hundreds of new residents within walking distance. The downtown also gets steady traffic from nearby Grinnell College. On top of that, there's clear room to grow sales in the beer, wine, liquor, and tobacco categories.