You can do something like :
(I added "==" to get a correct string and I get a valid JPG, but a partial image from your sample file...)
{
var sText = System.IO.File.ReadAllText(@"C:\Users\Christian\Downloads\imagetext.txt");
sText += "==";
string sDestFile = @"e:\test\testimage.jpg";
var bytes = Convert.FromBase64String(sText);
using (var fs = new FileStream(sDestFile, FileMode.Create))
{
fs.Write(bytes, 0, bytes.Length);
fs.Flush();
}
}