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Turn-Key Drive-Thru Restaurant Building
For Sale
$479,000

1803 S Center Street, Marshalltown, IA 50158

COMMERCIAL - Marshalltown, IA

Property Size644 SF
Lot Size0.38 Acres
Price / SF$743.79
Days on Market47

Property Features for 1803 S Center Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Directions use google maps
Subdivision Marshalltown
Standard status Active
APN 8318-02-327-026
Size 644 SF
Lot size 0.38 Acres

Taxes and HOA fees

Tax Description LOT 2/1/1/5 EX S 1' & LOT 3/1/5 NE SW
Tax Annual Amount 5810
Legal Description LOT 2/1/1/5 EX S 1' & LOT 3/1/5 NE SW

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Amenities

walk-up ordering window
security system
on-site restroom

Building Details

Year built 2022
Floors in Building 1
Flooring type Concrete
Building materials Concrete, Wood
Roof type Flat
Listing Agency: RE/MAX REAL ESTATE CENTER · RE/MAX International
Listed By: Tyler & Associates · License #S67678
Added: Jul 10 Changed: Aug 4 Last Checked: Aug 25 at 3:06PM
MLS# 70691

Copyright © 2026 Central Iowa Board of Realtors, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This turn-key drive-thru restaurant building is fully renovated and mostly reconstructed in 2022. The property includes a full commercial kitchen built for immediate operation, a drive-through lane with newly installed equipment, and a walk-up ordering window suited for foot traffic and delivery pickup. Additional improvements include an outdoor seating area, a full security system, and an on-site restroom.

Set on a high-visibility corner lot along S. Center Street in Marshalltown, the location is described as just off Highway 30, providing convenient access for commuters, local shoppers, and highway travelers.

Key Highlights

  • 2022 drive‑thru restaurant building with mostly reconstructed interior and fully renovated spaces
  • 0.38‑acre corner lot on S. Center St just off Highway 30 in Marshalltown, IA
  • Full commercial kitchen plus drive‑through lane with newly installed equipment

Property Analytics

Current Use

Ay Caramba Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Restaurant Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

280
Businesses Nearby

Demographics for 50158, IA

31,466
Population
12,614
Households
2.5
Avg Household Size
38
Median Age
21%
College-Educated
84%
High-School Grad
212.2 sq mi
ZIP Area
148
Density / Sq Mi
$71,212
Median Household Income
$40,437
Median Earnings
$865
Median Rent
$130,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Turn-key drive-thru restaurant building with full commercial kitchen, drive-through lane, walk-up ordering window, outdoor seating, and on-site restroom.
Where is this drive through restaurant located?
The property is located at 1803 S Center Street Marshalltown, IA.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: 2022 drive‑thru restaurant building with mostly reconstructed interior and fully renovated spaces; 0.38‑acre corner lot on S. Center St just off Highway 30 in Marshalltown, IA; Full commercial kitchen plus drive‑through lane with newly installed equipment
More about this property
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