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Historic Mixed-Use Property with Loft
For Sale
Contact for pricing

218 E Main Street, Marshalltown, IA 50158

Three storefronts, apartments, warehouse space, and a private upper-level residence create a flexible downtown configuration.

Property SizeContact for details
Days on Market176

Property Features for 218 E Main Street

General Information

Standard status Active
Property subtype Retail, Office, Industrial

Additional Details

Three-Phase Power Yes

Amenities

private elevator access
indoor garage

Building Details

Year Built 1900
Units 6
Tenancy Multi
Listing Agency: Premier Real Estate
Listed By: Matthew Brodin · License #IA B65177000
Source: Crexi
Added: Mar 8 Changed: Aug 30 Last Checked: Aug 30 at 3:21PM

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 Premier Real Estate

Investment Insights

Based on property information with market context.

Built in 1900, this mixed-use property combines three ground-floor storefronts with two efficiency apartments and a leased loading dock and warehouse area. The second floor contains a 5,400+ square foot loft with high ceilings, private elevator access, three bedrooms, and 2.5 bathrooms. A separate 3,000 square foot indoor garage includes a 14' x 14' door serving the loft.

The property is located at 218 E Main Street in Marshalltown’s Downtown Historic District and spans three lots. Two additional lots are included for future development, subject to approval. The combination of commercial storefronts, residential units, warehouse space, and an expansive private residence supports a range of live-work and investment configurations.

Key Highlights

  • 5,400+ square foot second‑story loft with 3 bedrooms and 2.5 bathrooms
  • Three ground‑level commercial storefronts plus 2 efficiency apartments
  • 3,000 square foot indoor garage with a 14' x 14' door

Property Analytics

Current Use

3rd Generation Upholstery Furniture & Home Goods

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Building Supply Grocery & Convenience Store Hotel & Motel

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,133
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three storefronts, apartments, warehouse space, and a private upper-level residence create a flexible downtown configuration.
Where is this mixed-use property located?
The property is located at 218 E Main Street Marshalltown, IA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 5,400+ square foot second‑story loft with 3 bedrooms and 2.5 bathrooms; Three ground‑level commercial storefronts plus 2 efficiency apartments; 3,000 square foot indoor garage with a 14' x 14' door
(641) 691-1185 Call to check price and availability
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