11 E Church St - Office/Residential FOR SALE


Marshalltown, IA 50158
$950,000 USD
515-802-4684
11 E Church St, Marshalltown, IA for Sale
$950,000 USD
Office/Residential - FOR SALE
1/3
null | 10.18% Cap Rate

11 E Church St
Marshalltown, IA 50158


HIGHLIGHTS

  • Fully renovated historic building with modern infrastructure and strong tenant occupancy.
  • Centrally located with ADA compliance, updated systems, and standby power support.

OVERVIEW

Five-story commercial building available in downtown Marshalltown. Originally constructed in 1919 by the Rude Brothers as a Ford dealership, assembly facility, and distribution center, this 48,000+ square foot property spans five floors with four levels fully renovated for modern office use. The building currently houses six established tenants with one floor available for lease. The structure features brick, steel, and concrete construction with a 250 lbs. per square foot load capacity. Building amenities include insulated windows with heat reflection and sound dampening properties, two ADA-compliant elevators, and a complete sprinkler fire suppression system. Recent capital improvements include a roof replacement completed in 2019, along with updated plumbing, electrical, and HVAC systems throughout. The property is equipped with a 200 KW standby generator providing 48-72 hours of backup power capacity.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$30 USD /SF

CAP RATE

10.18%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

MAX Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

undefined, Storefront, Medical

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

CBD

APN/PARCEL ID

8418-35-204-002

ASK ABOUT THIS PROPERTY

515-802-4684

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515-802-4684

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