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    1803 S Center St Marshalltown, IA 50158

    For Sale
    $525,000

    Retail, Commercial Sale - Marshalltown, IA

    Property size:
    644 SF
    Lot size:
    0.38 Acres
    Days on Market:
    183
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 1803 S Center St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    8318-02-327-026
    Parking features
    Paved or Surfaced
    Exterior features
    Corner Lot
    Size
    644 SF
    Lot size
    0.38 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1954
    Number of units
    1
    Building materials
    Frame
    Roof type
    Rubber
    Architectural style
    Other

    Premier Real Estate Group, Inc. (641) 754-5678 [email protected]

    Listing agent Chris Brodin (641) 754-5678 License #***

    Listing date Jun 6, 2025

    MLS# 6328392 Listing URL

    Copyright © 2025 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Drive-Thru Ready Retail Opportunity

    This retail property offers a drive-thru opportunity in a high-traffic, south-central location of Marshalltown. The property is situated on a corner lot with visibility from Center St/Hwy 14 Business, Marshalltown’s primary north-south arterial. The building was rebuilt and expanded in 2022, and includes a drive-thru lane, walk-up service window, and exterior seating. The 644 square foot property is located on 0.38 acres. Additional features include an Ansul hood fire suppression system and a grease trap. The layout is flexible for a variety of food and beverage uses. The property is surrounded by neighbors such as Jimmy John’s, Scooter’s Coffee, a medical clinic, and U-Haul. This property is suited for quick-service or specialty concepts.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ay Caramba Mexican Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marshalltown
    County
    Marshall
    State
    Iowa
    Longitude
    -92.91293
    Latitude
    42.026419

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    FAQs

    What type of property is this?
    Drive through restaurant - High-visibility Marshalltown retail property with drive-thru and modern amenities.
    Where is this drive through restaurant located?
    The property is located at 1803 S Center St Marshalltown, IA.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - Prime drive-thru location on high-traffic Center St/Hwy 14 Business; - Rebuilt and expanded in 2022 with modern layout; - Drive-thru lane and walk-up service window
    (641) 754-5678
    Request Owner's contact information
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    Marshalltown, IA 50158
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1803 S Center St Marshalltown, IA 50158
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