126 Franklin St, CenterPoint, IA 52213
Linn County
Key Facts
Description
Seize a rare opportunity to own a well-established restaurant business and versatile commercial property in Center Point, Iowa. The Pizza Place is a longtime local staple offering breakfast seven days a week, daily lunch specials, and broasted chicken nightly from 4 PM to close, with dine-in, takeout, and catering options available. Its strong reputation attracts loyal local customers as well as consistent highway traffic. Spanning approximately 3,888 square feet, this turnkey commercial property features two dining areas, a full commercial kitchen with updated equipment, and a second, newly renovated pizza kitchen designed for efficiency and high-volume production. Additional features include walk-in coolers, dedicated prep space, and ample dry storage to support smooth daily operations. The property also includes a large attached shop with overhead doors, offering flexibility for storage, business expansion, or an additional income stream. Positioned on a high-visibility lot with generous parking and convenient access to I-380, this location sits within Center Point’s established commercial corridor. Whether continuing the success of The Pizza Place or introducing a new concept, this property offers excellent visibility, functionality, and long-term potential.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Year Built
1958
Lot Size
0.69 acres
Lot Dimensions
30013 sqft
Zoning
Commercial
MLS® Listing#
202601274
Property Features
Cooling
Heating
Flooring
Construction
Roof
Water Source
Financial Details
Annual Taxes
$4,361
Tax year 2025
Parcel Number
05094-76003-00000
Directions
Take I-380 N. Take exit 35. Turn right onto Lewis Access Rd, Continue straight into Franklin St, Turn right, Turn left.
Affordability Calculator
$105,000
Estimated monthly payment
$2,794/mo
Principal $420,000 · Est. interest $585,937 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in CenterPoint, IA
- $500,000
- Median Listing Price
- 10
- Median Days on Market
- 2,798
- Median Sq Ft
- $175
- Median Price / Sq Ft
- 1
- Active Listings
- This home’s price is 5% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in CenterPoint, IA.
Location
- 126 Franklin St, CenterPoint, IA 52213
Points of Interest in CenterPoint, IA
Showing the CenterPoint area map.
Nearby Schools
Children Prevail Day Care
Elementary · 0.3 mi away
Center Point Urbana Community School
Elementary · 0.4 mi away
Center Point-Urbana Community School District
Elementary · 5.6 mi away
Walker Elementary School
Elementary · 6.9 mi away
Shellsburg Elementary School
Elementary · 7.8 mi away
Alburnett Elementary School
Elementary · 8.5 mi away
Cono Christian School
School · 9.1 mi away
North Linn High School
Secondary · 9.4 mi away
Champions at Viola Gibson Elementary School
Elementary · 10.6 mi away
Westfield Elementary School
Elementary · 10.7 mi away
Montessori School of Marion
Elementary · 11.0 mi away
Nixon Elementary School
Elementary · 11.2 mi away
Champions at Nixon Elementary School
Elementary · 11.2 mi away
Hiawatha Elementary School
Elementary · 11.4 mi away
Champions at Hiawatha Elementary School
Elementary · 11.4 mi away
Echo Hill Elementary
Elementary · 11.4 mi away
Xavier High School
Secondary · 11.5 mi away
Hazel Point Intermediate
Secondary · 11.5 mi away
Linn-Mar Community Schools
Secondary · 11.6 mi away
Kennedy High School
Secondary · 12.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 209 Franklin St, CenterPoint, IA | $475,000 | — | — | — |
| 718 Pointer Circle, CenterPoint, IA | $489,900 | 5 | 3 | 2,798 |
Moving Cost Estimate
EXIT Agents in CenterPoint
Listing Courtesy: Keller Williams Legacy Group - 3194234139
Presented by: Rachel Koth