Economic Development

321 Main Street Property Details

Building Specs:

This 4096 square foot, single story building was built in 1920 and sits on the corner of Main Street and Marshall Street – an anchor in the middle of Slater’s Historic Commercial district.

Current State:

The City of Slater has taken possession of the building, and necessary repairs to the west wall will begin the week of October 7, 2024.  Get your ideas on paper.  Once this part of the project is complete, business plans and building renovation ideas from interested buyers will be taken. 

Opportunity:

If you can envision your business here - where you can’t help but become a part of the community – then prepare a business plan and watch for more information as to when to submit your information.

Our Community:

Slater’s Main Street currently features successful businesses as Public House 421 (coffee shop), Sheldahl Crossing (antique store), Town and Country Market (grocery store / meat counter / garden center), The Station (Bar), Carrel Family Chiropractic Clinic, Uptown Hair Salon, Gross Wen Technologies, Slater Animal Hospital, Midland Prairie Veterinary Services, and Local Spokes (e-bike rentals). 

And we keep Main Street busy with the following Annual Events:

• Main Street Market – Every Tuesday night throughout the summer with live music & food trucks
• 4^th of July Parade, Activities, & Fireworks display – bringing approximately 7,000 to 10,000 spectators
• Tailgate – Celebrating the Iowa / Iowa State football game
• Gather – A farm to table dinner served in the middle of Main Street
• Christmas On Main – Tree lighting, horse drawn wagon rides, & fireworks

Slater is more than just Main Street… Your business will prosper here in Slater with all the growth and activity underway.

Slater is the Grand Central Station of Trails.  The High Trestle Trail, Heart of Iowa Nature Trail, and bike lanes on R38 from Ames all converge here in Slater, bringing thousands of bicyclists and visitors through our Community every weekend from spring to fall.

There are 2 housing developments within Slater.  One on the south side of town and one on the north – currently offering a total of approximately 20 empty lots for you to build your forever home. 
See 'Documents' folder below for plat map.

Trailside Sports Complex & Trailhead – placed perfectly between the High Trestle Trail and one of the new housing developments on the northwest edge of town – will be under construction this year.  Baseball / Soccer Tournaments will be sure to bring numerous visitors to Slater throughout the season. See 'Documents' folder below for design.

Fundraising is underway for a new Community Center & Library to be constructed on one of the empty lots on Main Street.  The Community Center will not only allow for Library programing areas, but it will give the Community a place for more specialty events and year round activities. – See 'Documents' folder below for design.

A light industrial business park is underway on the southwest edge of Slater.  This features 8 lots, 6 still available for purchase (varying in size from 1.63 acres to 5.07 acres), with infrastructure in place and ready for businesses to build. See 'Documents' folder below for plat map.