312 Main St Marshalltown, IA 50158-1888
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.
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Cory Oswald, DPT Physician
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Paula Neutzling, PTA Physician
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Rebecca Steimel, PT, DPT Physician
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Smitha Kurra, MD Pediatrician Physician
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Katie Lutyens, PA-C Pediatrician Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
OP · Marshalltown, IAMarshalltown. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.