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Freestanding Drive-Through Restaurant
For Sale
$479,000

1803 S Center Street, Marshalltown, IA 50158

Commercial Sale, Marshalltown, IA

Property Size644 SF
Lot Size0.38 Acres
Price / SF$743.79
Days on Market80

Property Features for 1803 S Center Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Directions use google maps
Subdivision Marshalltown
Standard status Active
APN 8318-02-327-026
Size 644 SF
Lot size 0.38 Acres

Taxes and HOA fees

Tax Description LOT 2/1/1/5 EX S 1' & LOT 3/1/5 NE SW
Tax Annual Amount 5810
Legal Description LOT 2/1/1/5 EX S 1' & LOT 3/1/5 NE SW

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Amenities

security system
on-site restroom
walk-up ordering window

Building Details

Year built 2022
Floors in Building 1
Flooring type Concrete
Building materials Concrete, Wood
Roof type Flat
Listing Agency: RE/MAX REAL ESTATE CENTER · RE/MAX International
Listed By: Tyler & Associates · License #S67678
Added: Jul 10 Changed: Sep 12 Last Checked: Sep 27 at 12:06PM
MLS# 70691

Copyright © 2026 Central Iowa Board of Realtors, Inc. 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 644-square-foot drive-through restaurant building was constructed in 2022 on a 0.38-acre corner parcel. The property includes a commercial kitchen, drive-through lane with installed equipment, walk-up ordering window, outdoor seating, on-site restroom, and security system. Concrete and wood construction, concrete flooring, natural-gas forced-air heat, central air, a flat roof, public water, and public sewer complete the improvements.

Located at 1803 S Center Street in Marshalltown, the property sits along the city’s busiest corridor, just off Highway 30. Its corner positioning provides exposure to Center Street traffic, while the vehicle-oriented layout supports drive-through food service and pickup operations. Commercial zoning applies to the site.

Key Highlights

  • 644‑square‑foot drive‑through restaurant building on a 0.38‑acre corner lot
  • Constructed in 2022 with commercial kitchen and installed drive‑through equipment
  • Walk‑up ordering window, outdoor seating, on‑site restroom, and security system

Property Analytics

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Current Use

Ay Caramba Restaurant

Suggested Use

Top Pick Law Firm Hair Salon HVAC Service Parking Lot & Garage Building Supply Real Estate Agency

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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

280
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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Compact food-service building with commercial kitchen, ordering window, outdoor seating, and dedicated vehicle circulation.
Where is this drive through restaurant located?
The property is located at 1803 S Center Street Marshalltown, IA.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: 644‑square‑foot drive‑through restaurant building on a 0.38‑acre corner lot; Constructed in 2022 with commercial kitchen and installed drive‑through equipment; Walk‑up ordering window, outdoor seating, on‑site restroom, and security system
More about this property
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