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729 Center Street

Grinnell, IA 50112
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Acres0.37

Acre(Lot)

Rare opportunity to own a premier residential building site located at 729 Center Street in the heart of Grinnell Iowa. This expansive parcel spans zero point thirty seven acres and encompasses over fifteen thousand nine hundred square feet of prime real estate. Comprising lots one through four of block twenty five in the West Grinnell area this property offers an impressive one hundred thirty feet of front footage providing ample space for a sprawling custom home or a multi unit residential project. One of the most significant benefits of this location is its eligibility for the City of Grinnell Urban Revitalization Tax Abatement program. Builders and homeowners can take advantage of substantial financial incentives including a five year one hundred percent tax exemption on the first seve nty five thousand dollars of actual value added for standard residential builds. For those interested in developing three or more dwelling units the city offers an even more aggressive ten year one hundred percent tax exemption on the value added. Situated within the Grinnell Newburg School District and just a short distance from the vibrant downtown shops and the Grinnell College campus this level and regular lot is ready for immediate development. Whether you are looking to build a private residence with a massive yard or seeking a high yield investment opportunity this property provides the space and the tax incentives to make your vision a reality.

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Detail Ic Property Details

Property Type : Land

Price : $40,000

AD Id : 78431364

MLS Id : NOC6338182

Lot Size : 0.37 Acre(Lot)

County : Poweshiek

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Feature Features

  • Lot Information

    Lot Dimensions: *** Lot Square Feet: 16117.2 Lot Acres: 0.37

    Property Information

    Property Type: Land Style: Lots & Land

  • Listing Price Information

    Original List Price:$40000

  • Tax Information

    Tax Legal Description: WEST GRINNELL S OF RY LOTS 1 2 3 & 4 BLOCK 25 Annual Tax: $312 Tax Year: 2024 Parcel Number: 0594500

  • Location Information

    City: Grinnell Direction: use gps
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
0000 Hwy T38n Highway, Grinnell, IA, 50112 $1,887,000 -- -- -- 148 Acres(Lot)
428 6 Highway, Grinnell, IA, 50112 $90,000 -- -- -- 24,393.60 Sqft(Lot)
500 Lang Creek Avenue, Grinnell, IA, 50112 $802,593 -- -- -- 3.35 Acres(Lot)
505 Lang Creek Avenue, Grinnell, IA, 50112 $2,213,722 -- -- -- 7.26 Acres(Lot)
505 Lang Creek Avenue, Grinnell, IA, 50112 $2,992,572 -- -- -- 11.45 Acres(Lot)
1 Lang Creek Avenue, Grinnell, IA, 50112 $802,593 -- -- -- 3.35 Acres(Lot)
500 Lang Creek Avenue, Grinnell, IA, 50112 $802,593 -- -- -- 145,926 Sqft(Lot)
814 Center Street, Grinnell, IA, 50112 $15,000 -- -- -- 0.48 Acre(Lot)
505 Lang Creek Avenue, Grinnell, IA, 50112 $2,992,572 -- -- -- 18.82 Acres(Lot)
505 Lang Creek Avenue, Grinnell, IA, 50112 $2,992,572 -- -- -- 819,799.20 Sqft(Lot)
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ByOwner last updated this listing 06/21/2026 @ 18:20

MLS: NOCOAST #6338182 LISTED BY: Matthew Karjalahti, RE/MAX Partners Realty, Grinnell 641-236-6683 SOURCE: NoCoast MLS (Listings courtesy of NoCoast MLS as distributed by MLS GRID)

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