Marshalltown Portfolio of properties for Auction

Property Subtype:

Mixed Types

Date on Market:

2026-03-04

Des Moines Multifamily for Sale - Northwest

AVAILABLE INDIVIDUALLY OR AS A PORTFOLIO WITH THE ADJACENT 45-UNIT “CLARKSON APARTMENTS” CBRE is pleased to offer the opportunity to acquire The Woods Apartments, a 34-unit apartment community strategically located in Des Moines, Iowa. Situated at the nexus of Douglas Avenue and MLK Jr Parkway, the property benefits from exceptional accessibility and proximity (under 10 minutes) to key retail, entertainment, and dining hubs including downtown Des Moines, Ingersoll Avenue, Beaverdale, and Merle Hay Mall. The location is also proximate to major employers such as Bridgestone-Firestone, Drake University, Broadlawns Medical Center, and the VA Central Iowa Health Care System. The Woods Apartments boasts an attractive unit mix of studios, one- and two-bedroom apartments, with nearly all units recently renovated. Additional capital improvements include a new hot water heater in 2025, new asphalt parking lot in 2025, new retaining walls, and updated landscaping. This offering presents investors with a compelling opportunity to acquire a stabilized property with immediate cash flow. Please click here for more information: https://www.cbredealflow.com/buyer/agreement?pv=CxucyCANPygOEDg5g0h4T0Pt0Es1M0mK9DBklMroJwC2AzgSemh94Nnyg-K7oTmN Address: 2525 & 2535 Clarkson Ave, Des Moines, IA 50310 List Price: $2,150,000 Cap Rate: 8.30% Year Built: 1975 Number of Units: 34 Renovated Units: Nearly all units have been renovated with unit entry doors, new cabinets, countertops, vanities, new appliances, LVP flooring, paint, plumbing and lighting fixtures, and blinds. Unit Mix: 10-Studios; 4-1BR/1BA; 20-2BR/1BA Total Building SF: 24,960 Avg. Unit Rent: $802 (+ Utility Reimbursements) Recent Capital Improvements: New asphalt overlay in summer 2025 New hot water heater in 2025 Retaining walls, drain tile and swale in 2024 Nearly all individual and common water heaters have been replaced High intensity exterior LED lighting Steel secured entrance exterior doors with keypad Unit entry doors - metal door and metal frame Complete common area hallway and laundry room renovation (lights, pain, carpet) All units have Gyp-Crete floors and sound channels between units for sound reduction

Property Subtype:

Apartment

Date on Market:

2026-03-24

Des Moines Multifamily for Sale - Northwest

CBRE is pleased to offer the opportunity to acquire Clarkson Apartments, a 45-unit apartment community in a highly accessible Des Moines, Iowa location. Situated at the intersection of Douglas Avenue and MLK Jr Parkway, the property provides convenient access to major retail, entertainment, and dining destinations, including downtown Des Moines, Ingersoll Avenue, Beaverdale, and Merle Hay Mall, all within a 10-minute radius. Strong local employment is supported by nearby Bridgestone-Firestone, Drake University, Broadlawns Medical Center, and the VA Central Iowa Health Care System. 2519 Clarkson Ave offers an attractive blend of one- and two-bedroom units, with all units already renovated, minimizing immediate capital expenditure. Recent property enhancements include a new asphalt parking lot, newer boilers and hot water heaters, newer windows, and new roof on Building C in 2026. This offering provides investors with an immediate cash flow opportunity and the ability to further enhance returns through strategic value-add initiatives, specifically the conversion of the former leasing office into a rentable unit and the implementation of a gas utility reimbursement program. Please click here for more information: https://www.cbredealflow.com/buyer/agreement?pv=4bG09jH9QaVX3kKDE4Lf6MalVTfIKsfTeLNDqxaviKRb8fMWpGgEQr2Fg6E3Sl7Y Address: 2519 Clarkson Ave, Des Moines, IA 50310 List Price: $2,850,000 Cap Rate: 8.28% Year Built: 1972 Number of Units: 45 Renovated Units: All units have been renovated with LVP flooring, carpet, paint, appliances, painted or replaced cabinets, resurfaced countertops, new light fixtures, and new door hardware throughout Unit Mix: 32-1BR/1BA; 13-2BR/1BA Total Building SF: 27,360 Avg. Unit Rent: $794

Property Subtype:

Apartment

Date on Market:

2026-03-24

Marion Office for Sale

Welcome to your next great opportunity in the heart of Marion! Step into this charming, fully remodeled 2-story gem right at the welcoming entrance to historic Uptown Marion. With prime visibility and steady high traffic flowing past your front door every day, this spot is perfect for attracting customers and growing your business! This turnkey property shines with fresh updates throughout: new electrical, handicap-accessible features, and a convenient off-street rear parking lot for easy access. The main floor is ready for your ideas—imagine a cute boutique, cozy lunch café, charming tearoom, or bright central office space. Flexible walls let you create the layout that fits your dreams! You'll love the thoughtful extras: 2 bathrooms, washer/dryer hookups, owned water softener, dehumidifier, a clean dry basement, and a useful storage area with floor drain and hot/cold water. Upstairs? A beautifully updated apartment with its own private entrance—ideal for rental income to boost your cash flow! Blending historic Uptown charm with modern comforts and unbeatable location, this property won't stay available long in thriving Marion. Get excited—schedule your private showing today and see the possibilities in person! Call or text now to book your tour before it's gone!

Date on Market:

2026-02-19

Dubuque Industrial for Sale

The Offering CBRE, as exclusive advisor to Owner, is pleased to present the opportunity to acquire the fee-simple interest in a ±120,800 SF single tenant NNN leased industrial distribution facility. The property is 100% occupied by Amazon (NASDAQ: AMZN), a global leader in e-commerce, cloud computing (AWS), digital streaming, artificial intelligence, and logistics with 2024 annual revenues of ±$638 B, an investment grade S&P credit rating (AA), and the #2 ranking in the Fortune Global 500. Built in 2007, and heavily improved ($16 M + cap ex) by Amazon in 2021/2022, the ±120,800 SF building sits on a large 13.91-acre parcel. The building possesses state-of-the art features ideal for modern logistics operators. In early 2025, Amazon proactively renewed the lease an additional five (5) years to August of 2031 = ± 5.33 years remaining (as of 4/1/26 analysis start date).The Dubuque site is a mission critical last mile facility which ties directly into Amazon’s major strategic push to aggressively invest in mid-sized logistic hubs across the Midwest to offer rapid delivery in smaller markets and compete directly with Walmart’s historical dominance / market share in these areas. Investment Highlights HIGHLY SECURED LEASE W/ AMAZON | CREDIT TENANT | 2ND LARGEST COMPANY IN THE WORLD — The property is 100% leased to Amazon (NASDAQ : AMZN), a global leader in e-commerce, cloud computing (AWS), digital streaming, artificial intelligence, and logistics with 2024 Annual Revenues of ± $638 B and an S&P Credit Rating = AA (Investment Grade Credit). Amazon is the #2 company in Fortune Global 500 (2nd Largest company in the world in terms of revenue). “STICKY TENANT” | RECENT FIVE (5) YEAR EXTENSION | NNN LEASE | 2% ANNUAL INCREASES — Amazon completed major capital improvements of over $16 M on the building / site in 2021/2022. Improvements included replacement of all HVAC units, new office areas, and expanding the parking lot. the property possesses state-of-the-art features which meet the current and future demands of high-flow logistics operations. — Amazon recently demonstrated their strong commitment to the site by proactively exercising an option to extend the lease an additional five (5) years to August of 2031. There are ±5.33 years remaining (as of 4/1/26 analysis start date) creating a highly secured / long term income stream. Amazon has three (3) five (5) year options remaining. MISSION CRITICAL MIDWEST “LAST MILE” DISTRIBUTION FACILITY = KEY AMAZON STRATEGY — Amazon’s presence at 7200 Chavenelle Rd underscores its steadfast commitment to strengthening distribution capabilities in secondary Midwest markets.The Dubuque facility enables Amazon to accelerate last-mile delivery, reduce transportation costs, and improve service levels for rural and suburban customers.. HIGH CONNECTIVITY LOCATION & SOLID UNDERLYING INDUSTRIAL REAL ESTATE FUNDMAENTALS — High Connectivity Location: Direct access to U.S. Route 20, 52, and 61 providing seamless access to Amazon’s last mile delivery customers in the region. — I-80 Corridor: The property possesses proximity to the vital I 80 corridor: Iowa’s premier east-west logistics corridor, where approximately 14,000 trucks traverse daily translating to efficient, high-volume freight flow to major markets like Chicago, Minneapolis, and St. Louis in under a day.

Property Subtype:

Cold Storage

Date on Market:

2026-02-10

Ankeny Office for Sale

6,804 SF Building on .671 Acres Built in 1993 Zoning: C-2 Nice Mix of Open Landscape and Private Offices Reception, Kitchen/Breakroom with Appliances, Two Restrooms LED Lighting Throughout Backup Generator Large Private Parking Lot Conveniently Located in the Heart of N Ankeny Blvd and N 18th St Sales Price: $1,125,000

Property Subtype:

Loft/Creative Space

Date on Market:

2026-02-03

Council Bluffs Flex for Sale - Downtown Council Bluffs

A fully renovated, single-tenant industrial warehouse totaling 26,972 SF on a 1.17-acre site at 2121 South 7th Street in Council Bluffs, Iowa. Originally constructed in 1961/1999, the property underwent a comprehensive interior and exterior renovation in 2022–2023, bringing it to good condition with a strong remaining economic life. The building features approximately 24,844 SF of warehouse space and 2,128 SF of office, with 18’–24’ clear heights, two dock-high doors, two grade-level doors, and surface parking for 20 vehicles. Upgrades include a new roof on the office/retail store, concrete parking lot, docks, new HVAC in east warehouse area, electrical systems, LED lighting, polished warehouse floors, updated office finishes, and ADA-compliant restrooms. The east warehouse area has a 6-year-old roof. Zoned General Commercial (C-2), the property is 100% owner-occupied, well-located within the Omaha–Council Bluffs market and is highly versatile for several commercial and industrial uses.

Property Subtype:

Light Distribution

Date on Market:

2026-01-15

Indianola Retail for Sale - Warren County

Discover an incredible commercial opportunity with this versatile building currently operating as a donut shop. Positioned on a main road in Indianola, this property offers excellent visibility, steady traffic flow, and sits on .57 acres. The interior features a welcoming layout with a cozy fireplace, two restrooms, a dedicated kitchen area, and an office space for efficient operations. A convenient drive-thru window enhances service potential, while the private parking lot with tons of parking spaces adds exceptional convenience for customers and staff. A prime location and flexible setup make this property a standout investment for your next business venture. Currently leased out - Lease Ends 2030.

Property Subtype:

Restaurant

Date on Market:

2025-12-11

Sioux City Retail for Sale

Located in the Southern Hills Shopping Center, the former Siouxland Sports Academy is a prime location for your retail or strip center business. Southern Hills offer a diverse range of retail and dining choices, ensuring a steady flow of foot traffic. With convenient access to major highways and ample parking, the property provides ease of access for visitors. The surrounding established residential neighborhoods ensure a built-in customer base. Embrace the opportunity to position your business in this thriving community and take advantage of the strategic location and local amenities that the former Siouxland Sports Academy has to offer.

Property Subtype:

Storefront

Date on Market:

2025-12-08

Dubuque Land for Sale

Hwy 20 frontage land for sale. 1.61 acres. Zoned C-3 General Commercial. 864 SF building and asphalt parking lot. City Utilities.

Property Subtype:

Commercial

Date on Market:

2025-11-19

Urbandale Office for Sale - Western Suburbs

Multi-tenant office building that has recently been completely renovated with modern finishes.

Date on Market:

2025-10-01

Spirit Lake Retail for Sale

For Sale or Lease! An exceptional opportunity in a high-visibility, high-traffic location at the corner of Highways 71 and 9—over 5,000 vehicles pass by each day. This 1.4-acre property sits on level ground between Subway and Super 8. Formerly a national chain restaurant, the building is move-in ready and includes a drive-thru, commercial hood, walk-in cooler and freezer, and a large paved parking lot. Recent improvements include a new roof and furnace. Offered for sale at $675,000 or available for lease at $5,500/month NNN with a minimum five-year term. All existing equipment can be included if desired.

Property Subtype:

Fast Food

Date on Market:

2025-08-11

Sioux City Office for Sale

The iconic 8-story Frances Building stands as one of downtown Sioux City’s most recognizable architectural landmarks and a proven cornerstone of the local commercial landscape. With an estimated ±54,000 SF of rentable space, this historic asset has served as a vibrant hub for commerce in the heart of Siouxland for more than a century, combining timeless character with enduring investment performance. The building offers a dynamic mixed-use environment, featuring street-level restaurant and retail tenants that energize the downtown streetscape, while upper-floor office suites maintain strong occupancy and consistent demand. This balanced tenant mix enhances both income stability and long-term leasing appeal. Ownership has demonstrated a commitment to preserving the Frances Building’s reputation as a desirable and functional workplace, completing meaningful capital improvements including elevator system upgrades, roof replacement, and modernized restrooms. These investments position the property for continued performance while retaining the historic charm that sets it apart in the downtown market. The Frances Building represents a rare opportunity to acquire a well-maintained, income-producing historic asset with scale, character, and a long-standing record of success in Sioux City’s central business district.

Date on Market:

2025-07-18

Council Bluffs Retail for Sale

The Hub, located at 7 S 4th Street in Council Bluffs, Iowa, is a 35,002 square foot multi-tenant commercial building situated on 1.81 acres. It’s currently configured into three distinct suites, each with its own private entrance, allowing for maximum flexibility in occupancy and future use. Two of the spaces are currently operated by the owner and generate significant traffic. The Hub Trampoline Park—featuring trampolines, a ninja obstacle course, Axe Throwing, and Party Rooms—serves as the only large-scale indoor family entertainment center in Council Bluffs. Alongside it, Wonderbowl operates as a restaurant and bar with outdoor pickleball courts and a fully built-out patio event space. Combined, these businesses attract an estimated 3,000 to 6,000 visitors per month, creating an already established base of consistent foot traffic. Approximately 8,500 square feet of the building remains vacant. Previously occupied by a cheerleading and tumbling program that served hundreds of student-athletes annually, this space is open, high-ceilinged, and move-in ready. It presents an immediate opportunity for an owner-user to establish or expand operations in a location that already draws families and activity-seekers from Council Bluffs and surrounding towns. The space would be ideal for a gymnastics gym, indoor sports courts, fitness training, batting cages, dance studio, or a golf simulator business. The environment has already proven successful for youth and family-focused programming. Included in the sale is a separate, three-level parking garage totaling 59,750 square feet with 251 stalls. At present, only about 70% of is leased, which represents a major value-add opportunity for a buyer interested in maximizing recurring income. With additional leasing or event-based parking strategies, this portion of the asset could become a significant revenue stream on its own. The current owner is willing to lease back the trampoline park and restaurant/bar portions of the building, providing immediate, stable income to a new owner. There is also an assumable loan in place offering financing efficiency for qualified buyers. Zoned C-4, The Hub is structurally sound, visibility strong, and use options broad. For an investor looking for stable income with upside, or for a business owner seeking a space that offers both scale and a built-in audience, The Hub is a compelling acquisition with real growth potential.

Property Subtype:

Health Club

Date on Market:

2025-06-20

Des Moines Retail for Sale - South

Turnkey 3,600 SF flex building well suited for an owner-user seeking a clean, functional, and efficient facility. The property offers approximately 2,300 SF of newly finished shop/warehouse space featuring durable epoxy-coated floors, a 10' overhead door, and a floor drain - ideal for service contractor, or light industrial use. An additional 1,300 SF includes office and breakroom space, providing a comfortable workspace for daily operations. The entire building is fully heated and cooled. Recent improvements include a newer roof, updated AC unit, fresh exterior paint, new gutters, a resurfaced parking lot, and modern epoxy flooring in the shop area. A security and surveillance system is installed and included. The site offers approximately 25 on-site parking spaces. Conveniently located just off SE 14th Street and Army Post Road, approximately one mile north of the Hwy5/65 interchange, providing easy access for employees, clients, and deliveries.

Property Subtype:

Auto Repair

Date on Market:

2025-05-08

Charles City Retail for Sale

Premier downtown business location! Situated next to the historic Charles Theatre and one block north of Central Park, this formative building has 10,547 sq ft ready for your business. Most recently occupied by a thriving retail store, this property offers endless opportunities with a B-2 business district. The building is solid concrete and block construction with an open floor plan throughout two floors plus a deep basement. A new roof (2024), newer windows and a well-maintained façade and interior make this building ready for your business vision. Plenty of parking is available along Main Street and in a city-owned parking lot across the street. Grants and other incentives are available through Main Street Charles City and the Charles City Area Development Corporation. Your new business location awaits!

Property Subtype:

Storefront

Date on Market:

2025-05-05

Waterloo Office for Sale - Downtown Waterloo

Introducing 512 Jefferson Street. This 7,684 SF office building is strategically located in downtown Waterloo, IA. . The property offers convenient on-site parking, multiple offices, and the ability to be an owner/user building surrounded by all property types from retail to multifamily. Reach out today to expand or start your business in a fast growing location with lots of potential!

Property Subtype:

Office/Residential

Date on Market:

2025-02-20

Newton Retail for Sale - Jasper County

Broker of Record.. ERIN ROONEY, CCIM.. IA License No. B42992000 We are pleased to present the rare opportunity to acquire a brand new, drive-thru, long term net leased (fee simple interest) Starbucks investment property in Newton, IA. The subject property, which celebrated its Grand Opening in March 2024, is strategically located adjacent to Interstate 80 in high-growth Des Moines IA MSA. This interstate freeway is the only east/west transcontinental interstate highway in the United States and runs for more than 3,000 miles, connecting California to New Jersey. This quick-service coffee restaurant has commenced a 10 year lease with 7.5% rental increases occurring every 5 years of the lease term. The corporately executed lease with Starbucks has minimal landlord responsibilities, which makes it the ideal investment opportunity for a passive or out-of-state investor looking for a high-performing QSR tenant with the number one Coffee QSR brand in the world. The subject Starbucks property services the residents of Newton, travelers/commuters on the Interstate 80 freeway, and visitors for the INDYCAR/NASCAR races occurring nearby at the Iowa Speedway. This location also benefits from the synergy created by adjacent QSR/Convenience brands including Casey’s General Store (591,900 visitors in the last 12 months, per Placer.ai), Taco Bell, Hardee’s, and Culver’s. Newton has more than 26,000 residents within a 10-mile radius and is located 28 miles from downtown Des Moines IA, the capital city of Iowa. Des Moines IA MSA has grown a tremendous 15.6% in the last decade, which outpaces other top Midwest markets including Chicago, Minneapolis, Kansas City, St. Louis, and Omaha.

Property Subtype:

Freestanding

Date on Market:

2025-02-19

Sioux City Industrial for Sale

Industrial service center conveniently located in the center of the metro and highly accessible and visible to I-29. The campus includes an industrial building, training center building and a large paved, fenced yard. Due to the site's accessibility and visibility to I-29, this site could be redeveloped for retail. 223 S. Iowa: The 90,428 SF industrial service center includes 28,317 SF of offices, 24,216 SF of storage and shop areas and 37,895 SF of high-clearance, clear-span garages. The 19'8" west garage has a 3-ton crane serving an inside rail height dock, two 14' clear drive-in doors and only one center row of columns. The 14'2" clear span south garage has a welding shop, a generator and a rail height dock. The 17'5" clear span ventilated east garage has a 14' clear drive-in door and inside rail height dock. The original building has offices on the 14,353 SF 2nd floor and store rooms on both the 13,964 SF main floor (served by a north dock) and full 14,366 SF basement store room, all three levels served by a freight elevator. The main one-story office area is approx. 6,175 SF The property includes a 93,255 SF concrete paved fenced yard. The dimensions of the entire building are approximately 410' wide by 150' deep. 223 S. Floyd: The 5,300 SF free-standing training center, originally built in 1940, is slab-on-grade and sits on the SE corner of the property. The dimensions are 106' wide by 50' deep. 201 S. Floyd: Large paved & fenced parking lot.

Property Subtype:

Warehouse

Date on Market:

2025-02-19

Waterloo Multifamily for Sale

Introducing 3719 W 9th Street. This investment property in Waterloo, IA, includes 24 units, on 0.567 acres with a 30+ space parking lot included. Built in 1978, this multi-family property offers a prime location adjacent to MercyOne Waterloo Medical Center, various employers, as well as many shopping and retail centers. With a unit mix of 19 one bedroom units and 5 two bedroom units this property creates the opportunity for major value add potential.

Property Subtype:

Apartment

Date on Market:

2025-02-05

Atlantic Retail for Sale

Prime commercial property with unlimited potential and a brand new Durolast roof finished on 12/30/25! Seller is offering a land contract so you can take advantage of this incredible opportunity to own a high-visibility commercial property located on the main thoroughfare though Atlantic, Iowa. This versatile space is perfect for retail, a bar, offices, or continue as a restaurant. Whatever your vision may be, the possibilities are endless! With excellent exposure and steady traffic flow, your business will get the attention it deserves. The property offers plenty of parking, making it a convenient and accessible destination. Whether you're starting something new or expanding an existing venture, this prime location is ready for your big ideas. Location, flexibility, visibility - it's all here! Updates included a recently remodeled restroom, new heating and a/c units and a mini-split installed in 2020, asphalt in parking lot installed in 2021, new sewer line from the street to the building in 2022, new electrical system installed underground to the building and new electrical box installed beside the existing box in 2023/2024.

Property Subtype:

Storefront

Date on Market:

2025-01-18

Eldora Retail for Sale

The subject property is a freestanding 9,014 SF building in Grundy Center, Iowa. The property is ideally situated along Hwy-175 on the western edge of town. Dollar General has occupied the space since it was built in 2004. The store recently extended its lease for an additional 6 years, thus showing a strong commitment to the location.

Property Subtype:

Freestanding

Date on Market:

2024-12-24

Grundy Center Retail for Sale

The subject property is a freestanding 9,014 SF building in Grundy Center, Iowa. The property is ideally situated along Hwy-14 on the western edge of town. Dollar General has occupied the space since it was built in 2004. The store completed an interior remodel in 2024 and extended its lease, thus showing a strong commitment to the location.

Date on Market:

2024-12-24

Mount Ayr Retail for Sale

The subject property is a freestanding 7,200 SF building in Mount Ayr, Iowa. The property is ideally situated along Hwy-169 in the center of town. Dollar General has occupied the space since it was built in 2002. The store recently extended its lease for an additional 6 years, thus showing a strong commitment to the location.

Property Subtype:

Freestanding

Date on Market:

2024-12-24