Investment Site/Leaseback/Redevelopment 4 Properties Offered at $1,875,000 in Marshalltown, IA

Positioned in the heart of Marshalltown’s historic downtown district, this medical office facility offers a rare opportunity for investors and healthcare operators alike. The property spans three buildings and five parcels, totaling over 46,000 SF of finished space, including a fully built-out basement with elevator access and sprinkler system. Its strategic location along 3rd Avenue, designated as U.S. Highway 14, ensures exceptional visibility and convenient access for patients and staff.
The main building features a comprehensive medical office buildout, multiple entrances, and a dedicated drop-off lane, complemented by ample parking across adjacent lots. Additional structures include a versatile 1,296 SF building with overhead doors and HVAC-Vacuum Gas, ideal for ancillary services or storage. Situated within an Urban Renewal Area, the property qualifies for economic incentives such as Tax Increment Financing (TIF), enhancing its redevelopment potential.
Marshalltown’s central business district is a vibrant hub with proximity to major Iowa cities—Des Moines is less than an hour away, while Cedar Rapids, Waterloo, and Ames are all within easy reach. This location offers strong connectivity and a growing regional population base, making it an attractive choice for expanding healthcare networks or adaptive reuse projects. Whether pursuing a sale/leaseback strategy or a full-scale redevelopment, this asset delivers flexibility, visibility, and financial upside.