Marshalltown Hospital Campus Listing Details & Market Data

405 E Main Street, Marshalltown, IA 50158

  • For Sale Subject To Offer
  • 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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Attachments

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

Contacts

broker

Steve Scott, CCIM

Locate CRE

(515) 750-7500

Location

Getting Around

  • Walk Score ®

    Very Walkable (82)

  • Transit Score ®

    Minimal Transit (19)

  • Bike Score ®

    Bikeable (63)
Powered by Walk Score ®
  • 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

  • Sub City

    0.33 miles

  • Chef King

    0.42 miles

  • Hardee's

    0.84 miles

  • Taco John's

    0.87 miles

  • Jimmy John's

    1.46 miles

  • Little Caesars

    1.53 miles

  • Calvin Rockett

    1.90 miles

  • Dairy Queen

    2.03 miles

  • Pizza Ranch

    2.14 miles

  • Arby's

    2.26 miles

  • Woodbury Elementary School

    0.20 miles

  • Palmer School

    0.37 miles

  • Saint Marys School

    0.44 miles

  • Glick School

    0.60 miles

  • Rogers Elementary School

    0.75 miles

  • Anson Elementary School

    0.94 miles

  • B.R. Miller Middle School

    1.28 miles

  • Lenihan Intermediate School

    1.34 miles

  • Marshalltown High School

    1.36 miles

  • Franklin Elementary School

    1.51 miles

Contact Listing Broker

broker

Steve Scott, CCIM

Locate CRE

(515) 750-7500