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Historic Mixed-Use Property
For Sale
$760,000

125-135 E Main St, Marshalltown, IA 50158

Restored masonry asset combines commercial and residential occupancy with an included green-space parcel.

Property Size8,212 SF
Price / SF$92.55
Days on Market70

Property Features for 125-135 E Main St

General Information

Standard status Active
Size 8,212 SF
Class Unclassified
Property subtype retail
Listing Agency: Des Moines
Listed By: Thomas Edwards · License #S20250077
Source: Property.jll
Added: Jun 22 Changed: Aug 30 Last Checked: Aug 30 at 1:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Des Moines

Investment Insights

Based on property information with market context.

The Kibbey Building is a historic stone and brick masonry property constructed in 1895 and restored between 2016 and 2018. The work replaced the electrical, plumbing, HVAC, roof, and fire-suppression systems, while retaining original hardwood floors, exposed brick, and pressed tin ceilings. The roof includes a 20-year membrane.

The property has maintained 100% commercial occupancy since 2018 and 98% residential occupancy since 2017. Sale of the building includes an adjacent 0.15-acre green-space parcel known as the Gallery Garden. A deed restriction on that parcel lifts in 2032, at which point redevelopment rights are restored.

Key Highlights

  • 1895 stone and brick masonry building with original hardwood floors, exposed brick, and pressed tin ceilings
  • Restored from 2016–2018 with new electrical, plumbing, HVAC, roof, and fire‑suppression systems
  • 100% commercial occupancy since 2018

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Cafe & Coffee Shop Electrical Service Computer & Electronic Repair Restaurant

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

Location Intelligence

Trade Area within ½ mile

1,134
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Restored masonry asset combines commercial and residential occupancy with an included green-space parcel.
Where is this mixed-use property located?
The property is located at 125-135 E Main St Marshalltown, IA.
What is the asking price?
The asking price for this property is $760,000.
What are key features of this property?
This property features: 1895 stone and brick masonry building with original hardwood floors, exposed brick, and pressed tin ceilings; Restored from 2016–2018 with new electrical, plumbing, HVAC, roof, and fire‑suppression systems; 100% commercial occupancy since 2018
More about this property
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