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2013 S Center St 8,128 SF Retail Building Marshalltown, IA 50158 For Sale
Investment Highlights
- Located less than an hour from Des Moines, Ames, Waterloo and Cedar Rapids
- Marshalltown is a growing community that lacks sit-down restaurant opportunities that also serve alcohol
- Nearly turnkey opportunity with value-add potential
Executive Summary
This is a unique opportunity to purchase an historically profitable stand-alone restaurant location in Marshalltown. After many years of successful operation, Calvin Rockett Bar & Grill was purchased in 2019 by the owner of the award-winning restaurant, the Flying Elbow. The building has been almost completely renovated and simply requires the finishing touches to round out a new operator’s concept, plus there are value-add opportunities with the large patio space and potential event space.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,128 SF
Building Class
C
Year Built
1967
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.13
Lot Size
1.41 AC
Zoning
CC
Frontage
329’ on Center St
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
20/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 8318-02-380-031 | Improvements Assessment | $54,600 |
| Land Assessment | $276,080 | Total Assessment | $330,680 |
Property Taxes
Parcel Number
8318-02-380-031
Land Assessment
$276,080
Improvements Assessment
$54,600
Total Assessment
$330,680
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2013 S Center St
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