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Pentz 15 Center St 11,850 SF Retail Building Marshalltown, IA 50158 $179,900 ($15.18/SF)
INVESTMENT HIGHLIGHTS
- redevelopment opportunity
- retail on main and potential multifamily above on multilevel
- location
EXECUTIVE SUMMARY
"Seize this fantastic opportunity in the redeveloping historic downtown area of Marshalltown! With numerous recent projects completed and more underway, this property offers immense potential for upper-story housing units while maintaining retail space on the main floor. Situated directly across from the newly redeveloped courthouse, this location is prime for business and residential development.
Recent improvements enhance the property's appeal and functionality:
2018: New showroom lighting installed.
2019: New TPO roof and central air system.
2020: New rear steel door.
2021: Upgraded electrical breaker box and waterproofed basement, perfect for storage and backstock.
Don't miss your chance to be a part of Marshalltown's vibrant and evolving downtown scene. Explore the endless possibilities this property offers for growth and investment. Act now to make your mark in the heart of the city!"
Recent improvements enhance the property's appeal and functionality:
2018: New showroom lighting installed.
2019: New TPO roof and central air system.
2020: New rear steel door.
2021: Upgraded electrical breaker box and waterproofed basement, perfect for storage and backstock.
Don't miss your chance to be a part of Marshalltown's vibrant and evolving downtown scene. Explore the endless possibilities this property offers for growth and investment. Act now to make your mark in the heart of the city!"
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Building Size
11,850 SF
Year Built
1880
Price
$179,900
Price Per SF
$15.18
Tenancy
Single
Building Height
3 Stories
Building FAR
1.43
Lot Size
0.19 AC
Zoning
CBD - Central Business District
Parking
2 Spaces (0.17 Spaces per 1,000 SF Leased)
Frontage
Walk Score®
Very Walkable (85)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 8418-35-128-016 | Improvements Assessment | $193,720 |
| Land Assessment | $16,320 | Total Assessment | $210,040 |
PROPERTY TAXES
Parcel Number
8418-35-128-016
Land Assessment
$16,320
Improvements Assessment
$193,720
Total Assessment
$210,040
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Pentz | 15 Center St
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