10 Main St Marshalltown, IA 50158

This exceptional 7,280 square foot commercial property, located at 10 E Main Street in the heart of Marshalltown, IA's Main Street District, presents a compelling investment opportunity. Currently leased to a long-term tenant, Brown's Shoe-fit, since 2006, this building offers immediate income generation. The main floor encompasses over 7,200 square feet of well-maintained commercial space, perfectly suited for a variety of uses. A significant advantage is the inclusion of a full second story, currently undeveloped, presenting a substantial opportunity for future expansion. Imagine the possibilities of creating residential units overlooking the courthouse, adding significant value and rental income potential. The property sits on a 0.17-acre lot and benefits from recent exterior improvements, including a new roof and windows, minimizing maintenance needs. The tenant is responsible for all utilities, while the current owner covers annual property taxes and building insurance. This low-maintenance, high-return potential property is priced at $225,000 and offers a rare blend of established income and future development potential in a desirable location. This is a truly unique opportunity to acquire a well-positioned commercial property with significant upside.