209 Franklin ST, Center Point, IA 52213
209 Franklin ST, Center Point, IA 52213
209 Franklin ST, Center Point, IA 52213
209 Franklin ST, Center Point, IA 52213
209 Franklin ST, Center Point, IA 52213
209 Franklin ST, Center Point, IA 52213
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Tony Lueken

Tony Lueken

+1(319) 480-3875
$ 475,000
Est. payment | /mo

10,340 SqFt

Save Virtual Tour
$ 475,000
Est. payment | /mo
Save Virtual Tour

10,340 SqFt

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 10,340 sqft

Price per Sqft $45

MLS Listing ID 2500480

HOA Y/N No

Total Fin. Sqft 10340

Year Built 1969

Annual Tax Amount $3,932

Lot Size 0.522 Acres

Acres 0.522

Property Sub-Type Industrial

Property Description

Rare investment opportunity in the heart of Center Point with quick access to I-380. The building is fully leased to a single retail distribution tenant through July 2027, offering immediate, stabilized income. The property includes a showroom/waiting area, three restrooms, two private offices and a breakroom with kitchenette. The building features four front-facing garage doors and two side garage doors. Recent improvements include four new garage doors, new concrete in the parking lot, a new HVAC system, and a new roof. Ample on-site parking is available in front, along the side, and behind the building. The property also features a large monument sign for visibility.

Location

State IA

County Linn

Area Ot-E (East Of I-380)

Zoning M-1

Interior

Interior Features InteriorFeatures

Heating Gas

Cooling Central Air

Flooring Concrete

Inclusions Building, Land

Fireplace No

Exterior

Utilities Available Electricity Available, Natural Gas Available

Water Access Desc Public

Roof Type Metal

Building

Building Description Frame, Kitchen Facilities,Multi-Tenant,Overhead Doors,Private Restrooms,Pole Sign,Single-Tenant

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame

Others

Tax ID 05094-29017-00000

Acceptable Financing Cash, 1031 Exchange

Listing Terms Cash, 1031 Exchange

Virtual Tour https://www.propertypanorama.com/instaview/cdr/2500480

Listed by GLD COMMERCIAL

NEARBY SCHOOL & BUSINESS

Tony Lueken

+1(319) 480-3875

tony@luekenre.com

4515 N River Blvd NE, Cedar Rapids, IA, 52411, USA

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209 Franklin ST