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$ 950,000
Est. payment /mo
Price Dropped by $150K
1001/1003 S 12th Street Marshalltown, IA 50158
5.3 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Active
Purchase Type For Sale
MLS Listing ID 734907
HOA Y/N No
Annual Tax Amount $12,420
Tax Year 2026
Lot Size 5.300 Acres
Acres 5.3
Property Sub-Type Warehouse
Property Description
Positioned in a convenient Marshalltown location, this unique industrial offering features six separate warehouse buildings on one site, providing exceptional flexibility for investors and owner-users alike. Five of the buildings are well-suited for general warehouse use, owner-occupants, or value-add leasing opportunities. The layout and access also make the property an excellent candidate for self-storage conversion or RV/boat storage, allowing multiple paths to maximize income.
A major highlight is the long-term cellular tower lease with Verizon Wireless located on the northwest corner of the property, delivering stable, reliable income. The site currently includes several tenants in place, offering immediate cash flow with additional upside through lease-up or repositioning.
The property also features ample excess land, ideal for outdoor storage, contractor yard use, or future development of an additional warehouse building. With multiple income streams, flexible building configurations, and expansion potential, this is a compelling opportunity in the Marshalltown industrial market.
A major highlight is the long-term cellular tower lease with Verizon Wireless located on the northwest corner of the property, delivering stable, reliable income. The site currently includes several tenants in place, offering immediate cash flow with additional upside through lease-up or repositioning.
The property also features ample excess land, ideal for outdoor storage, contractor yard use, or future development of an additional warehouse building. With multiple income streams, flexible building configurations, and expansion potential, this is a compelling opportunity in the Marshalltown industrial market.
Location
State IA
County Marshall
Area Marshalltown
Zoning Com
Interior
Fireplace No
Exterior
Private Pool No
Schools
School District Marshalltown
Others
Tax ID 8418-34-377-008; 8418-34-377-002
Monthly Total Fees $1, 035
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by WB Realty Company
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