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Mixed-Use Property with Loft
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218 East Main Street, Marshalltown, IA 50158

Three storefronts, two efficiency apartments, warehouse space, and a private residential loft create a flexible live-work configuration.

Property Size23,000 SF
Price / SF$30.43
Days on Market7

Property Features for 218 East Main Street

General Information

Standard status Active
Size 23,000 SF
Property subtype Retail, Mixed Use
Occupancy 100%

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: Aug 26 Changed: Aug 31 Last Checked: Aug 31 at 9:22AM

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.

This 23,000-square-foot mixed-use property combines three ground-level commercial storefronts with two efficiency apartments and a leased loading dock/warehouse area. The second floor includes 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. Built in 1900, the property occupies three lots in the Downtown Historic District.

Two additional lots are included for future development, subject to approval. The property is situated along East Main Street in downtown Marshalltown, where the Main Event streetscape reconstruction includes new sidewalks, redesigned streetscapes, and enhanced pedestrian lighting.

Key Highlights

  • 23,000 square feet across a mixed‑use property built in 1900
  • Three ground‑level commercial storefronts plus two efficiency apartments
  • 5,400+ square‑foot second‑story loft with private elevator access

Property Analytics

Current Use

Live-work space

Location Intelligence

Trade Area within ½ mile

1
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, two efficiency apartments, warehouse space, and a private residential loft create a flexible live-work configuration.
Where is this mixed-use property located?
The property is located at 218 East 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: 23,000 square feet across a mixed‑use property built in 1900; Three ground‑level commercial storefronts plus two efficiency apartments; 5,400+ square‑foot second‑story loft with private elevator access
(641) 691-1185 Call to check price and availability
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