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907 Main St 6,100 SF 100% Leased Retail Building Grinnell, IA 50112 $506,793 CAD ($83.08 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 |
$77,959
|
$12.78
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$77,959
|
$12.78
|
| Taxes |
$4,513
|
$0.74
|
| Operating Expenses |
$5,252
|
$0.86
|
| Total Expenses |
$9,765
|
$1.60
|
| Net Operating Income |
$68,194
|
$11.18
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $77,959 |
| Annual Per SF | $12.78 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $77,959 |
| Annual Per SF | $12.78 |
| Taxes (CAD) | |
|---|---|
| Annual | $4,513 |
| Annual Per SF | $0.74 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $5,252 |
| Annual Per SF | $0.86 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $9,765 |
| Annual Per SF | $1.60 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $68,194 |
| Annual Per SF | $11.18 |
Property Facts
Sale Type
Investment
Property Type
Building Size
6,100 SF
Building Class
C
Year Built/Renovated
1900/2000
Price
$506,793 CAD
Price Per SF
$83.08 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.82
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
commercial - commercial and residential
Amenities
- Signage
- Tenant Controlled HVAC
- Storage Space
- Smoke Detector
Fairly walkable
50/100
Moderately drivable
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 180-0788600 | Total Assessment | $270,463 CAD |
| Land Assessment | $45,899 CAD | Annual Taxes | $4,513 CAD ($0.74 CAD/SF) |
| Improvements Assessment | $224,564 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
180-0788600
Land Assessment
$45,899 CAD
Improvements Assessment
$224,564 CAD
Total Assessment
$270,463 CAD
Annual Taxes
$4,513 CAD ($0.74 CAD/SF)
Tax Year
2025
1 of 2
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Photos
Street View
Street
Map
Presented by
ramsey-weeks
907 Main St
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