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 Lot

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

10,340 Sqft Lot

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202500674

Year Built 1969

Annual Tax Amount $3,932

Tax Year 2023

Lot Size 10,340 Sqft

Acres 0.52

Property Sub-Type Commercial

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

Zoning M-1 Light Indus

Direction Take I-380 North to the Center Point exit. Turn right onto Lewis Access Rd which turns into Franklin Street. Property is on your left at Southern Street

Interior

Heating Natural Gas

Cooling Central Air

Flooring Concrete Slab Grade

Exterior

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, City Water

Roof Type Metal

Building

Lot Size Range Half To One Acre

Structure Type Frame

Others

Tax ID 05094-29017-00000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by GLD Commercial Real Estate Advisors

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