218 E Main St - Storefront Retail/Residential FOR SALE


Marshalltown, IA 50158 | 
$699,900 USD
641-691-1182
218 E Main St, Marshalltown, IA for Sale
$699,900 USD
Storefront Retail/Residential - FOR SALE
1/49
null | Request Cap Rate

218 E Main St
Marshalltown, IA 50158


HIGHLIGHTS

  • Three commercial storefronts provide diversified income potential.
  • Expansive second-floor loft features private elevator access.
  • Located within Marshalltown's Downtown Historic District.
  • Indoor garage includes a 14' x 14' overhead door.

OVERVIEW

Own a piece of Marshalltown’s history and its vibrant future! Located in the heart of the Downtown Historic District—a center of Iowa commerce since 1900—this versatile mixed-use asset spans three lots and offers a rare blend of character and cash flow. The property features three ground-level commercial storefronts, two efficiency apartments, and a leased loading dock/warehouse area. The "crown jewel" is an expansive 5,400+ sq. ft. second-story loft that defines luxury downtown living. Boasting soaring ceilings and private elevator access, this stunning owner’s suite features 3 bedrooms and 2.5 bathrooms. Don't forget there isa massive 3,000 sq. ft. indoor garage featuring a 14' x 14' door for the loft. Would be perfect to live in or rent as an Airbnb. The timing is historic. As Marshalltown undergoes its massive "Main Event" streetscape reconstruction, this property is perfectly positioned to benefit from brand-new sidewalks, designer streetscapes, and enhanced pedestrian lighting. This project continues the legacy of a downtown that has evolved from a 19th-century railroad hub into a modern regional destination. With two extra lots for future development (subject to approval), this is more than a building—it’s a stake in the next chapter of our city’s story. Whether you’re seeking premier live-work setup or a robust addition to your portfolio, the potential here is endless. Schedule your private tour today and see the future of Marshalltown!

FOR SALE DETAILS

PRICE

$699,900 USD

PRICE/SF

$16 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

CBD

APN/PARCEL ID

8418-26-458-011

ASK ABOUT THIS PROPERTY

Chris BrodinPremier Real EstateMore Info
641-691-1182

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Chris BrodinPremier Real EstateMore Info
641-691-1182

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.