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11 E Church St Marshalltown, IA 50158

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For Sale
$950,000

Five-story commercial building in downtown Marshalltown with modern office space.

Property size:
48,400 SF
Lot size:
0.39 Acres

Property Features for 11 E Church St

General Information

Size
48,400 SF
Lot size
0.39 Acres

Source: JLL Agent Thomas Edwards

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Marshalltown Downtown Commercial Building For Sale

Located in downtown Marshalltown, this five-story commercial building, originally built in 1919, offers over 48,000 square feet of space. Initially constructed as a Ford dealership, assembly facility, and distribution center by the Rude Brothers, the property has been renovated into modern office spaces. The building features brick, steel, and concrete construction with a 250 lbs. per square foot load capacity. It is currently 84% occupied with six established tenants and one floor available for lease. Amenities include insulated windows with heat reflection and sound dampening properties, two ADA-compliant elevators, and a complete sprinkler fire suppression system. Recent capital improvements include a roof replacement in 2019, along with updated plumbing, electrical, and HVAC systems. The property is equipped with a 200 KW standby generator providing 48-72 hours of backup power capacity. The building has 24/7 secure access and on-site parking. It is located in Marshalltown’s CBD, offering close proximity to retailers, restaurants, and entertainment.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Mechdyne Corporation Headquarters Audio Visual Consultant Aureon Contact Center Corporate Office AssuredPartners Insurance Agency Neuroth Laras Insurance Agency

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Marshalltown
County
Marshall
State
Iowa
Longitude
-92.9114048
Latitude
42.0475395

FAQs

What type of property is this?
Office building - Five-story commercial building in downtown Marshalltown with modern office space.
Where is this office building located?
The property is located at 11 E Church St Marshalltown, IA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: - High Cap Rate: **10.2% provides a strong return on investment.**; - Substantial Size & Occupancy: **48,400 SF building is 84% occupied with 6 established tenants, generating immediate income.**; - Recent Renovations: Updated plumbing, electrical, HVAC, and a 2019 roof replacement minimize near-term capital expenditures.
More about this property
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