Seller's Agent in 2025
Matt Karjalahti
RE/MAX
(641) 260-0672
110 in this area
146 Total Sales
Captivating historic downtown corner building with commercial space and two apartments located in the heart of Grinnell. Known as the Corrough Building this fine example of turn of the century commercial design features a delicate corner "oriel" denticulated cornice stone lintels above tall windows and a striking brick elevation with stone detailing on the primary facade. The building has served many purposes over the decades and currently houses a successful restaurant on the main floor. Above are two residential units including a modern two bedroom apartment and an unfinished one or two bedroom apartment that includes the historic turret space. The property has a strong rental history with long term quality tenants and dependable occupancy. Recent investment of $162,000.00 in facade grants, for the restoration of the original southeast corner entrance and new storefront windows with the reopening of previously bricked-in window spaces to bring back natural light and architectural integrity. With the second apartment completed this property could prove to be a great long term investment in a community that has continually invested in itself. Sitting proudly on one of Grinnell’s most visible and admired corners this building draws the eye of everyone who passes and offers a rare opportunity to own a functional investment with timeless character and years of ROI to come!!
Last Agent to Sell the Property
RE/MAX Partners Realty, Grinnell License #*** Listed on: 06/13/2025
Last Buyer's Agent
RE/MAX Partners Realty, Grinnell License #*** Listed on: 06/13/2025
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $269,000 | None Listed On Document |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $215,200 | Credit Line Revolving |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/02/2025 10/02/25 | Sold | $269,000 | -8.8% | $90 / Sq Ft |
| 06/13/2025 06/13/25 | For Sale | $295,000 | -- | $99 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,354 | $159,450 | $15,400 | $144,050 |
| 2024 | $2,330 | $141,430 | $14,000 | $127,430 |
| 2023 | $2,030 | $141,430 | $14,000 | $127,430 |
| 2022 | $2,158 | $107,320 | $11,200 | $96,120 |
| 2021 | $2,158 | $107,320 | $11,200 | $96,120 |
| 2020 | $2,340 | $107,320 | $11,200 | $96,120 |
| 2019 | $1,950 | $107,320 | $11,200 | $96,120 |
| 2018 | $1,984 | $87,390 | $9,070 | $78,320 |
| 2017 | $2,050 | $87,390 | $9,070 | $78,320 |
| 2016 | $2,114 | $87,390 | $9,070 | $78,320 |
| 2015 | -- | $87,390 | $9,070 | $78,320 |
| 2014 | -- | $74,810 | $9,070 | $65,740 |
Seller's Agent in 2025
Matt Karjalahti
RE/MAX
(641) 260-0672
110 in this area
146 Total Sales
Seller Co-Listing Agent in 2025
Bennett Wiltfang
RE/MAX
(641) 990-3878
55 in this area
101 Total Sales
Source: NoCoast MLS
MLS Number: NOC6328632
APN: 180-0633400