15 Center St Marshalltown, IA 50158

This exceptional 11,850 square foot commercial property, located at 15 S Center Street in Marshalltown, Iowa, presents a unique investment opportunity. Situated on a 0.19-acre lot directly across from the recently renovated courthouse, this multi-level building benefits from its prominent position within the revitalized historic downtown area. Numerous recent development projects in the immediate vicinity underscore the area's upward trajectory and promise significant future growth. The property's main floor is ideally suited for retail space, while the upper levels offer immense potential for conversion into residential housing units, capitalizing on the increasing demand for downtown living. Recent improvements significantly enhance the property's value and functionality. These include a new TPO roof (2019), a new central air system (2019), a new rear steel door (2020), upgraded electrical breaker box (2021), and a waterproofed basement (2021) perfect for storage. Furthermore, new showroom lighting was installed in 2018. The seller is motivated to downsize their business footprint, making this an exceptional opportunity for a discerning investor or business owner. The asking price is $199,900. A lease/option to buy may be available