1001/1003 S 12th Street, Marshalltown, IA 50158

$695,000

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List Price
$695,000
Status
ACTIVE
Days on Market
249
Price Change
▼ $255,000 1793323208
MLS#
734907
Subtype
Commercial Sale
Lot Size
230,711
Acres
5.30
MLS Area Major
Marshalltown

Property Description

Positioned in a convenient Marshalltown location, this unique industrial offering features six separate warehouse buildings on one site, providing exceptional flexibility for investors and owner-users alike. Five of the buildings are well-suited for general warehouse use, owner-occupants, or value-add leasing opportunities. The layout and access also make the property an excellent candidate for self-storage conversion or RV/boat storage, allowing multiple paths to maximize income. The site currently includes several tenants in place, offering immediate cash flow with additional upside through lease-up or repositioning. The property also features ample excess land, ideal for outdoor storage, contractor yard use, or future development of an additional warehouse building. With multiple income streams, flexible building configurations, and expansion potential, this is a compelling opportunity in the Marshalltown industrial market.

Additional Information

Taxes
$12,420
Zoning
Com
School District
Marshalltown

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Calculator source: Real Geeks

Listing courtesy of Guns, Matthew with WB Realty Company

Data courtesy of the Des Moines Area Association of REALTORS