10 Main St Marshalltown, IA 50158

This exceptional commercial property, located at 10 E Main Street in Marshalltown, Iowa, presents a compelling investment opportunity. The property, categorized as special purpose land, boasts a substantial 7,200+ square foot main floor currently leased to Brown's Shoe-fit since 2006. This long-term tenant significantly reduces vacancy risk and provides a stable income stream. The lease agreement stipulates that the tenant is responsible for all utilities, while the owner covers annual property taxes and building insurance, minimizing ongoing expenses for the owner. The building's exterior has recently undergone significant improvements, including a new roof and windows, resulting in a low-maintenance profile. Adding to its potential, the property includes a full second story, offering significant future development possibilities. Imagine converting this space into residential units, capitalizing on the desirable location overlooking the courthouse. This prime location within Marshalltown's Main Street District ensures high visibility and accessibility. The asking price for this well-established property is $225,000. This is a rare chance to acquire a substantial commercial property with significant upside potential in a thriving Iowa community. The zip code is 50158.