Search
Three-Level Downtown Storefront Property
For Sale
$125,000

16 W Main St, Marshalltown, IA 50158

Updated interior finishes and a separate upper-level entrance support flexible retail, office, or residential configurations.

Property SizeContact for details
Days on Market82

Property Features for 16 W Main St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $1,434

Building Details

Buildings 1
Stories 3
Listing Agency: Friedrich Realty
Listed By: Connie Mogard
Source: Exprealty
Added: Jun 11 Changed: Aug 30 Last Checked: Jul 17 at 12:41PM

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 Friedrich Realty

Investment Insights

Based on property information with market context.

Built in 1880, this three-level storefront property includes retail areas on the main and lower levels, reflecting their prior merchandise-sales use. The upper floor has a separate exterior entry and can accommodate two office or bedroom areas, a meeting room, and substantial storage.

Recent improvements include interior painting, replacement flooring, refreshed ceilings and walls, and updated electrical and lighting fixtures. Positioned on W Main Street within Marshalltown’s historic downtown district, the property supports several potential directions identified for the building, including retail, office, apartment, and mixed-use applications.

Key Highlights

  • Three‑level building with main- and lower‑level retail areas
  • Upper floor has a separate exterior entrance
  • Upper‑level layout includes two potential offices or bedrooms, a meeting room, and storage

Property Analytics

Current Use

Penn Mutual Insurance Agency Wilson Law Firm Real Estate Agency Marshalltown Counseling Center Family Counselor Steiner & Associates Physician Moonstone Wellness LLC Crisis Center

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Cafe & Coffee Shop Restaurant Electrical 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.

Location Intelligence

Trade Area within ½ mile

1,134
Businesses Nearby
Under-served
Demand for This Use

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Lowe's Flowers, LLC 212 S 3rd St, Marshalltown, IA 50158

Frequently Asked Questions

What type of property is this?
Storefront property - Updated interior finishes and a separate upper-level entrance support flexible retail, office, or residential configurations.
Where is this storefront property located?
The property is located at 16 W Main St Marshalltown, IA.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Three‑level building with main- and lower‑level retail areas; Upper floor has a separate exterior entrance; Upper‑level layout includes two potential offices or bedrooms, a meeting room, and storage
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message