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0 Baths

$475,000

209 Franklin St, CenterPoint IA, 52213

Price per sqftN/A
Built in1969
Property typeCommercial

Overview

Active

Listed Jan 20, 2025

Updated 4 weeks ago

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 May 2028, 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.

Additional information

MLS® ID
202500674

Interior Features

Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.24 Acres

Other Property Details

Taxes
$3,932
Tax Frequency
Annually

 

Courtesy of GLD Commercial Real Estate Advisors, ,
Listing Contact: 319-821-0028 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Cory Rath shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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