218 E Main ST, Marshalltown, IA 50158
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218 E Main ST, Marshalltown, IA 50158
218 E Main ST, Marshalltown, IA 50158
218 E Main ST, Marshalltown, IA 50158
218 E Main ST, Marshalltown, IA 50158
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Alexis (Lexie) Carstens

Alexis (Lexie) Carstens

+1(563) 505-3009
Listed by Matthew Brodin Premier Real Estate
$ 699,900
Est. payment /mo
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Active

218 E Main ST Marshalltown, IA 50158

23,000 SqFt

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 23,000 sqft

Price per Sqft $30

Subdivision Marshall Originial Town Of

MLS Listing ID NOC6336193

Style Mixed Use

Year Built 1900

Annual Tax Amount $8,062

Tax Year 2024

Lot Size 0.750 Acres

Acres 0.75

Lot Dimensions 180x180

Property Description

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 is a 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 a 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!

Location

State IA

County Marshall

Direction E Main St

Rooms

Basement Full

Interior

Heating Forced Air

Cooling Central Air

Flooring Carpet, Wood

Exterior

Parking Features Attached, Heated Garage

Garage Spaces 4.0

Utilities Available Electric Common, Heating Common

Amenities Available Fire Sprinkler System

View Y/N true

Roof Type Flat

Accessibility None

Road Frontage City Street

Building

Sewer City Sewer/Connected

Water Public

Architectural Style Mixed Use

Structure Type Brick,Other

Schools

School District 4104 - Marshalltown

Others

Miscellaneous Alarms,Loading Dock,Overhead Doors,Single Phase,Three Phase

Energy Description Natural Gas

Acceptable Financing NOC6336193

Listing Terms NOC6336193

Alexis (Lexie) Carstens

Alexis (Lexie) Carstens

Agent

+1(563) 505-3009

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218 E Main ST