2500 Center St Marshalltown, IA 50158

This exceptional investment opportunity encompasses two prime retail outlots totaling 211,914 square feet, strategically located at 2500 S Center Street in Marshalltown, Iowa, zip code 50158. The property includes two parcels: Lot 8 (Parcel ID # 8318-11-252-001), spanning 62,068 square feet, and Lot 9 (Parcel ID # 8318-11-252-009), encompassing 149,846 square feet. Both lots boast excellent visibility and frontage on South Center Street, ensuring high traffic exposure and ideal signage opportunities at eye level. The asking price for this combined property is $599,000. This location offers easy access to major thoroughfares and is conveniently situated near a variety of amenities and services. Importantly, both lots are included in the Marshalltown Urban Renewal Plan, Amendment 7, and may qualify for Tax Increment Financing (TIF) funding, presenting a significant financial advantage for the prospective buyer. Lot 9's substantial size makes it particularly suitable for multi-family or office development projects. This property presents a rare chance to acquire a substantial retail pad site with significant development potential in a thriving Iowa community.