218 E Main Street Marshalltown, IA $ 699,900
218 E Main Street
$ 699,900
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218 E Main Street

Marshalltown, IA, 50158
$ 699,900
Bedrooms-- Baths-- Sq 23,000

Monthly Estimate*

$ 4,309

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Commercial Property for sale in Marshalltown, IA

for $699,900. This 23,000 square foot building was built in 1900 on a lot size of 0.75.

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. 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!

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Commercial Active

Price

$ 699,900

Property Type

Commercial

Taxes

$ 8,062

Style

Mixed Use

Lot Size

0.75

Year Built

1900

Town/City

Marshalltown

County/Region

Marshall

MLS | Web ID

6336193

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Common Heating Common
Roof Flat
Garage Spaces 4
Architectural Style Mixed Use
Construction Materials Brick Other
Year Built 1900
Tax Year 2024
Current Use Professional Service Retail Warehouse
Accessibility None
County Marshall
Property Type Commercial Sale
Association Amenities Fire Sprinkler System
Contingency None
Subdivision Name MARSHALL ORIGINIAL TOWN OF
Possible Use Diversified Grocery Income Lounge/Bar Office Professional/Office Restaurant Retail Warehouse Other
Status Active
Directions E Main St
Association Name MIR
Open Parking Spaces 0
Number Of Units Total 6
Lot Size Units Acres
Lot Size Square Feet 32670
Tax Annual Amount 8062
Living Area Units Square Feet
Standard Status Active
Legal Description LOTS 8 & 9 BLK 12
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Interior
Basement Full
Flooring Carpet Wood
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Exterior
Parking Features Attached Heated Garage
Water Source Public
Building Area Total 23000
Lot Dimensions 180x180
Lot Size Acres 0.75
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Matthew Brodin

Listing Agent

Premier Real Estate

Broker

brodin.matt@gmail.com

Email

Affordability Calculator

$4,981
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,309
Monthly Property Taxes
$672
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/9/2026$699,900 Listed Price

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218 E Main Street, Marshalltown, IA, 50158 is a Commercial Property for sale at $699,900 with 23,000 sqft and a lot size of 0.75. 218 E Main Street was built in 1900. The property's zip code is 50158 which is in Marshalltown, IA