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907 Main St 15,080 SF 100% Leased Retail Building Grinnell, IA 50112 $502,504 CAD ($33.32 CAD/SF)
Investment Highlights
- Long term tenants.
- High traffic on primary commercial downtown block.
Executive Summary
Three long term tenants. One retail, one financial services, one radio station
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$77,413
|
$5.13
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$77,413
|
$5.13
|
| Taxes |
$4,482
|
$0.30
|
| Operating Expenses |
$5,215
|
$0.35
|
| Total Expenses |
$9,697
|
$0.64
|
| Net Operating Income |
$67,716
|
$4.49
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $77,413 |
| Annual Per SF | $5.13 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $77,413 |
| Annual Per SF | $5.13 |
| Taxes (CAD) | |
|---|---|
| Annual | $4,482 |
| Annual Per SF | $0.30 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $5,215 |
| Annual Per SF | $0.35 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $9,697 |
| Annual Per SF | $0.64 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $67,716 |
| Annual Per SF | $4.49 |
Property Facts
Sale Type
Investment
Property Type
Building Size
15,080 SF
Year Built/Renovated
1900/2000
Price
$502,504 CAD
Price Per SF
$33.32 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
4.47
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
commercial - zoning includes both commercial and residential
Frontage
40’ on Main
Amenities
- Signage
- Tenant Controlled HVAC
- Storage Space
- Smoke Detector
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (88)
Nearby Major Retailers
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
ramsey-weeks
907 Main St
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