209 Franklin Street, Center Point, IA 52213
Linn County
Key Facts
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Industrial
Year Built
1969
Stories
1
Living Area
10,340 sq ft
Lot Size
0.52 acres
Lot Dimensions
.522 Ac
Zoning
M-1
Days on Market
367
MLS® Listing#
2500480
Property Features
Cooling
Heating
Flooring
Construction
Roof
Utilities
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$3,932
Parcel Number
05094-29017-00000
Directions
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
Affordability Calculator
$95,000
Estimated monthly payment
$2,528/mo
Principal $380,000 · Est. interest $530,134 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Center Point, IA
- $300,000
- Median Listing Price
- 61
- Median Days on Market
- 1,818
- Median Sq Ft
- $164
- Median Price / Sq Ft
- 108
- Active Listings
- This home’s price is 58% above the area median.
- Its price per sq ft is 72% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Center Point, IA.
Location
Points of Interest in Center Point, IA
Showing the Center Point area map.
Nearby Schools
Children Prevail Day Care
Elementary · 0.2 mi away
Center Point Urbana Community School
Elementary · 0.3 mi away
Center Point-Urbana Community School District
Elementary · 5.5 mi away
Walker Elementary School
Elementary · 6.7 mi away
Shellsburg Elementary School
Elementary · 7.9 mi away
Alburnett Elementary School
Elementary · 8.6 mi away
Cono Christian School
School · 9.0 mi away
North Linn High School
Secondary · 9.4 mi away
Champions at Viola Gibson Elementary School
Elementary · 10.8 mi away
Westfield Elementary School
Elementary · 10.9 mi away
Montessori School of Marion
Elementary · 11.2 mi away
Nixon Elementary School
Elementary · 11.4 mi away
Champions at Nixon Elementary School
Elementary · 11.4 mi away
Hiawatha Elementary School
Elementary · 11.5 mi away
Champions at Hiawatha Elementary School
Elementary · 11.5 mi away
Echo Hill Elementary
Elementary · 11.6 mi away
Xavier High School
Secondary · 11.6 mi away
Hazel Point Intermediate
Secondary · 11.6 mi away
Linn-Mar Community Schools
Secondary · 11.7 mi away
Kennedy High School
Secondary · 12.3 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 |
|---|---|---|---|---|
| 1309 G Avenue, Grundy Center, IA | $350,000 | — | — | 2,472 |
| 1303 11th Avenue NE, Sioux Center, IA | $359,000 | 4 | — | 2,170 |
| 1203 8th Street, Dallas Center, IA | $360,000 | 4 | 3 | 1,536 |
| 1301 1st Street, Grundy Center, IA | $365,000 | 4 | 2 | 2,121 |
| 324 Valley Drive, Center Point, IA | $369,900 | 4 | 4 | 2,613 |
| 206 1st Avenue N, State Center, IA | $375,000 | 4 | 3 | 2,242 |
Moving Cost Estimate
EXIT Agents in Center Point
Listing Courtesy: GLD COMMERCIAL - 3197313400
Presented by: Rachel Waters