Marshalltown Hospital Campus

For Sale

405 E Main Street, Marshalltown, IA 50158

This Marshalltown property for sale is located at 405 E Main Street. The current listed sale price for Marshalltown Hospital Campus is Subject To Offer. Marshalltown Hospital Campus is situated on a lot that is 7.04 acre in size.

Contacts

broker

Steve Scott, CCIM

Locate CRE

(515) 750-7500

Property Details

  • Property Type Other
  • Property Size 231,400 SF
  • Lot Size 7.04 Acre
  • Year Built 1965
  • Year Renovated 2007
  • Date Updated Apr 19, 2024
The city is supportive of a major redevelopment of the property into a mixed-use campus that would offer market rate and/or low-income multifamily housing, senior housing, assisted living, retail and restaurants, and medical/office spaces. The site is in Marshalltown’s Downtown Urban Renewal District which affords it multiple financial assistance opportunities including tax abatement and TIF rebates.Locate Commercial Real Estate has been retained to offer the former Hospital Complex in Marshalltown, Iowa. The 306,655 square foot facility is made up of multiple interconnected buildings located on a strategic 7-acre parcel in the downtown core of the city.

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Highlights

  • Site will undergo major reconstruction to create condominium opportunities
  • Located in an Opportunity Zone + New Markets Tax Credits Zone
  • Urban Renewal District offers opportunities for valuable grants and government incentives

Attachments

Getting around

  • 82/100

    Walk Score ®

  • 19/100

    Transit Score ®

  • 63/100

    Bike Score ®

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Location

  • City Marshalltown, IA
  • Neighborhood Marshalltown
  • Zip Code 50158

Points of Interest

  • Kwik Star

    1.05 miles

  • Casey's General Store

    1.36 miles

  • Kwik Star

    2.33 miles

  • Phillips 66

    6.88 miles

  • Tremont on Main

    0.42 miles

  • Comfort Inn

    2.37 miles

  • Americas Best Value Inn

    2.77 miles

  • Economy Inn

    2.84 miles

  • Best Western

    2.99 miles

  • Super 8 by Wyndham Marshalltown

    3.00 miles

  • Hampton Inn & Suites

    3.05 miles

  • Holiday Inn Express

    3.08 miles

  • Zamora Fresh Market

    0.34 miles

  • Hy-Vee

    0.70 miles

  • Fareway

    0.91 miles

  • ALDI

    2.23 miles

  • JCPenney

    2.30 miles

  • Walmart Supercenter

    2.56 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Steve Scott, CCIM

Locate CRE

(515) 750-7500