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Restored Historic Office Building
For Sale
$174,900

20 S 1St Avenue, Marshalltown, IA 50158

Flexible professional property with multiple offices, meeting space, storage, and private parking in a walkable downtown setting.

Property Size3,414 SF
Price / SF$51.23
Days on Market79

Property Features for 20 S 1St Avenue

General Information

Standard status Active
Size 3,414 SF
Property subtype Commercial
Zoning Business/Commercial

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $4,424

Amenities

reception area
conference room
private office space
wet bar
mini refrigerator
partially finished lower level
storage areas
walk-up attic

Building Details

Building Size 3,414 SF
Year Built 1890
Buildings 1
Units 1
Listing Agency: Century 21 Signature Real Estate
Listed By: Kristin Polley · License #***
Source: Sweeneyrealestate
Added: May 18 Changed: Aug 4 Last Checked: Aug 4 at 6:36AM

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 Century 21 Signature Real Estate

Investment Insights

Based on property information with market context.

Built in 1890, this 3,414-square-foot office building combines historic construction with documented restoration and remodeling. The main level includes a reception area, conference room, private office space, wet bar, and mini refrigerator. Four additional private offices are located upstairs, while the lower level provides partially finished space and storage. A walk-up attic adds further storage capacity.

The property is positioned in Historic Downtown Marshalltown near attorney offices, banks, abstract companies, and the central business district. Restaurants, shops, and coffee houses are within walking distance. Highway 14 and Highway 30 provide regional access, while private parking spaces serve staff and visitors. Business/Commercial zoning supports the stated professional, retail, and business use potential.

Key Highlights

  • 3,414 SF office building constructed in 1890
  • Restored and remodeled with modern conveniences
  • Main floor has reception area, conference room, private offices, wet bar, and mini refrigerator

Property Analytics

Current Use

Edward Jones - Financial ... Financial Advisor Cornflower Sip & Craft Art Studio Art C Mar ... Art Gallery

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Cafe & Coffee Shop Carpet & Flooring Store HVAC 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.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,164
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Flexible professional property with multiple offices, meeting space, storage, and private parking in a walkable downtown setting.
Where is this office building located?
The property is located at 20 S 1St Avenue Marshalltown, IA.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: 3,414 SF office building constructed in 1890; Restored and remodeled with modern conveniences; Main floor has reception area, conference room, private offices, wet bar, and mini refrigerator
More about this property
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