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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 10 days 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 Blank & McCune Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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