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. A major highlight is the long-term cellular tower lease with Verizon Wireless located on the northwest corner of the property, delivering stable, reliable 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.
Property Features
Property Type: Commercial - Business
Lot Size: 5.30 Acres
Taxes: $12,420
Feature Descriptions
Days on Site: 13
Exterior: Block, Metal Siding
Parcel#: 8418-34-377-008; 8418-34-377-002
Local Schools
School District: Marshalltown
Listed By / Shown By
Listed By
Agency Name: WB Realty Company
Agency Phone: (515) 966-5478
Shown By
Agent Name: Livingston Real Estate Team
Agent Phone: (515) 291-0922
Agency Title: Hunziker & Associates, REALTORS
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1001/1003 S 12th Street | MLS# 734907
This commercial property located at 1001/1003 S 12th Street, Marshalltown, IA 50158 is currently listed for sale with an asking price of $1,100,000. 1001/1003 S 12th Street is located within the Marshalltown school district. Search Marshalltown real estate on johnandstephanielivingston.hunzikerrealty.com today.