Three-Level Downtown Mixed-Use
For Sale
$125,000
16 W Main Street, Marshalltown, IA 50158
Commercial Sale, Marshalltown, IA
Property SizeContact for details
Lot Size0.05 Acres
Days on Market119
Property Features for 16 W Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
On Street
Directions
On the southwest side of Main Street next to the Christian Book Store.
Standard status
Active
APN
8418-35-128-06
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
MARSHALL SUB OF LOTS 1 THRU 3 BLK 15 LOT B BLK 15
Tax Annual Amount
1434
Legal Description
MARSHALL SUB OF LOTS 1 THRU 3 BLK 15 LOT B BLK 15
Utilities
Heating system
Forced Air
Water source
Public
Building Details
Year built
1880
Number of units
2
Building materials
Brick
Architectural style
Other
Listing Agency:
Friedrich Realty
Listed By:
Connie Mogard
(515) 232-6175
Added: Jun 11
Changed: Sep 7
Last Checked: Oct 7 at 6:06AM
MLS# 6339263
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.
This three-level brick property offers a mixed-use configuration in downtown Marshalltown. The main and lower floors were previously used for retail merchandise sales, while the upper level has its own exterior entrance and includes space for two offices or bedrooms, a meeting room, and storage.
Recent improvements include fresh paint, new flooring, refreshed ceilings and walls, and updated lighting fixtures. The building dates to 1880, uses forced-air heating, and has public water service. On-street parking is available. Positioned on W Main Street within Marshalltown’s historic downtown district, the property combines retail-oriented lower levels with separately accessed upper-floor space.
Recent improvements include fresh paint, new flooring, refreshed ceilings and walls, and updated lighting fixtures. The building dates to 1880, uses forced-air heating, and has public water service. On-street parking is available. Positioned on W Main Street within Marshalltown’s historic downtown district, the property combines retail-oriented lower levels with separately accessed upper-floor space.
Key Highlights
- Three‑level brick mixed‑use building
- 0.05‑acre property on W Main Street in downtown Marshalltown
- Main and lower levels previously used for retail merchandise sales
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,134
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Updated interior finishes and a separate upper-level entrance support flexible commercial use.
Where is this mixed-use property located?
The property is located at 16 W Main Street 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 brick mixed‑use building; 0.05‑acre property on W Main Street in downtown Marshalltown; Main and lower levels previously used for retail merchandise sales
