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Restored Historic Office Building
For Sale
$174,900

20 S 1St Avenue, Marshalltown, IA 50158

Commercial Sale, Marshalltown, IA

Property SizeContact for details
Lot Size0.12 Acres
Days on Market118

Property Features for 20 S 1St Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Business/Commercial
Basement Full
Subdivision MARSHALL ORIGINIAL TOWN OF
Directions Use GPS or contact Listing agent
Standard status Active
APN 8418-35-202-020
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description W 90' LOT 7 BLK 14
Tax Annual Amount 4424
Legal Description W 90' LOT 7 BLK 14

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

conference room
wet bar

Building Details

Year built 1890
Number of units 1
Building materials Brick
Architectural style Other
Listing Agency: Century 21 Signature Real Estate
Listed By: Kristin Polley · License #***
Added: May 18 Changed: Sep 7 Last Checked: Sep 12 at 4:06AM
MLS# 6338476

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Built in 1890 and updated for modern use, this brick office property combines preserved historic character with practical improvements. The main level includes a reception area, conference room, private office space, and a wet bar with a mini refrigerator. Four additional private offices are located upstairs, while the lower level provides partially finished area and storage. A walk-up attic adds more storage capacity.

The property is positioned near the courthouse and central business district, with attorney offices, banks, and abstract companies nearby. Restaurants, shops, and coffee houses are within walking distance. Highways 14 and 30 provide regional access. The building includes private parking, forced-air heating, central air, and public water service. Business/Commercial zoning supports its office-oriented use.

Key Highlights

  • Historic office building constructed in 1890
  • 0.12‑acre property with private parking
  • Four additional private offices on the upper level

Property Analytics

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Current Use

Edward Jones - Financial ... Financial Advisor Cornflower Sip & Craft Art Studio Art C Mar ... Art Gallery

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Cafe & Coffee Shop Carpet & Flooring Store HVAC Service Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

1,164
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Brick commercial property with private parking and flexible office layout.
Where is this office building located?
The property is located at 20 S 1St Avenue Marshalltown, IA.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: Historic office building constructed in 1890; 0.12‑acre property with private parking; Four additional private offices on the upper level
More about this property
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