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    312 Main St Marshalltown, IA 50158

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    For Sale
    Contact for pricing

    91,694 SF Retail Building, Redevelopment Opportunity

    Property size:
    91,694 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 91,694 square foot retail property, located at 312 E Main Street in Marshalltown, Iowa, presents a significant redevelopment opportunity. Situated on a generous 2.35-acre lot in the historic Main Street district, this precast building offers substantial potential for adaptive reuse. The property's existing structure provides a solid foundation for a variety of commercial ventures, with the added benefit of being able to incorporate additional windows to enhance natural light and aesthetics. This prime location is poised for significant growth, benefiting from a planned revitalization initiative that includes the construction of new housing, a vibrant downtown park, and a modern conference center/hotel. The sale price is negotiable, making this an attractive investment for developers and entrepreneurs seeking a high-impact project in a thriving community. The property's size and location within the historic district offer unique advantages for creating a landmark commercial development. The existing building's sturdy construction provides a cost-effective starting point for a comprehensive renovation or repurposing project. This is a rare chance to be part of Marshalltown's exciting future. The property's zip code is 50158, and its coordinates are 42.0497639 latitude and -92.9065953 longitude. This presents a unique opportunity to capitalize on the planned growth and revitalization efforts in the area.

    Property Features for 312 Main St

    General Information

    Property type
    Retail properties
    Square Feet
    91,694 SF
    Lot Size
    102,366 SF

    HighLights

    • Negotiable Sale Price
    • 2.35‑Acre Site
    • Main Street Historic District Redevelopment Opportunity
    • Precast Building with Window Addition Potential
    • Planned Area Redevelopment: New Housing, Downtown Park, Conference Center/Hotel
    Property Profile Location Intelligence

    Current Use by Public Records

    Cory Oswald, DPT Physical Therapist Paula Neutzling, PTA Physical Therapist Rebecca Steimel, PT, ... Physical Therapist Smitha Kurra, MD Family Practice Physician Katie Lutyens, PA-C Family Practice Physician

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marshalltown
    County
    Marshall
    State
    Iowa
    Longitude
    -92.9065953
    Latitude
    42.0497639

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    FAQs

    What type of property is this?
    Retail property - 91,694 SF Retail Building, Redevelopment Opportunity
    Where is this retail property located?
    The property is located at 312 Main St Marshalltown, IA.
    What are key features of this property?
    This property features: Negotiable Sale Price; 2.35-Acre Site; Main Street Historic District Redevelopment Opportunity
    (563) 508-4649
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    312 Main St Marshalltown, IA 50158
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    Marshalltown, IA 50158
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    312 Main St Marshalltown, IA 50158
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