11 E Church St - Office/Residential FOR SALE


Marshalltown, IA 50158
$985,000 USD
641-750-8429
11 E Church St, Marshalltown, IA for Sale
$985,000 USD
Office/Residential - FOR SALE
1/3
null | 14.52% Cap Rate

11 E Church St
Marshalltown, IA 50158


OVERVIEW

Great opportunity to purchase an iconic and historic building in Marshalltown! The building was constructed in 1919 by the Rude Brothers as a Ford Dealership, Assembly, & Distribution Center. The five story building, spans over 48,000 square feet, with 4 floors completely finished . Tremendous potential on the 5th floor! The building was professionally designed and renovated, converting the space to modern offices. There are currently 5 tenants occupying the building, with just one unit vacant. The construction of the building is brick, steel, and concrete with a capacity of 250 lbs. per square foot. All insulated windows reflect heat and are soundproof. There are 2 ADA compliant elevators, and a full sprinkler fire suppression system. The roof was replaced in 2019, Boilers replaced in 2025, updated electrical, and HVAC. 200 KW Standby generator for 48-72 hour building runtime. The building is centrally located, with easy access to major highways. New Leases in place in 2025. Call for further details.

FOR SALE DETAILS

PRICE

$985,000 USD

PRICE/SF

$26 USD /SF

CAP RATE

14.52%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

MAX Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

undefined, Storefront, Medical

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

CBD

APN/PARCEL ID

8418-35-204-002

ASK ABOUT THIS PROPERTY

Tracy HauserCalvin Lee Properties LLCMore Info
641-750-8429

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Tracy HauserCalvin Lee Properties LLCMore Info
641-750-8429

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.