Bob Kelly
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
Own a piece of Marshalltown's history and its vibrant future! Located in the heart of the Downtown Historic District?a center of Iowa commerce since 1900?this versatile mixed-use asset spans three lots and offers a rare blend of character and cash flow. The property features three ground-level commercial storefronts, two efficiency apartments, and a leased loading dock/warehouse area. The crown jewel is an expansive 5,400+ sq. ft. second-story loft that defines luxury downtown living. Boasting soaring ceilings and private elevator access, this stunning owner's suite features 3 bedrooms and 2.5 bathrooms. Don't forget there is a massive 3,000 sq. ft. indoor garage featuring a 14' x 14' door for the loft. The timing is historic. As Marshalltown undergoes its massive Main Event streetscape reconstruction, this property is perfectly positioned to benefit from brand-new sidewalks, designer streetscapes, and enhanced pedestrian lighting. This project continues the legacy of a downtown that has evolved from a 19th-century railroad hub into a modern regional destination. With two extra lots for future development (subject to approval), this is more than a building?it's a stake in the next chapter of our city's story. Whether you're seeking a premier live-work setup or a robust addition to your portfolio, the potential here is endless. Schedule your private tour today and see the future of Marshalltown!
Property Highlights
Property Type: Commercial - Investment
Year Built: 1900
General Information
County: Marshall
Subdivision: MARSHALL ORIGINIAL TOWN OF
Listed By:
Premier Real Estate
641-754-5678
No Coast MLS
MLS ID: 6336193
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218 E Main Street, Marshalltown, IA 50158.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $699,900 | $699,900 | $699,900 |
| Down Payment | $139,980 | $24,497 | $174,975 |
| Monthly Mortgage Amount | $3,268 | $4,010 | $4,254 |
| Taxes | $974 | $974 | $974 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $308 | $0 |
| Monthly Estimated Total | $4,446 | $5,496 | $5,432 |
Bob Kelly
REALTOR®
Cell: (563) 650-2168
Licensed in IL & IA
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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