1001/1003 S 12th Street, Marshalltown, IA 50158
sale
$950,000
|
Other
Courtesy Of WB Listings
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.
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Property Features
- Architecture Style: Other
- Exterior Type: Block
- Exterior Type: MetalSiding
- Legal Description: 1:LOT 2 IN E 1/2 SE SW & PARCEL A THAT LIES IN LOT 5 E 1/2 SE SW & IN THAT PART OF W 1/2 E 1/2 SW;2:LOT 3 E 1/2 OF SE SW LYING S OF RR TRACK
- MLSID: 734907
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