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209 Franklin Street

Center Point, IA 52213
  • $475,000
  • STATUS: Active
  • ON SITE: 391 Days
  • MLS #: 2500480
$475,000
  • 0
    BEDS
  • 0.52
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,340
    SQFT
  • $46
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1969
County:

School Ratings & Info

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.

Monthly Payment Calculator

© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2026-02-15T23:42:33.293.
www.realtybrotherscr.com/homes/159595703
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209 Franklin Street Center Point, IA 52213

  • Price: $475,000
  • Status: Active
  • On Site: 391 Days
  • MLS #: 2500480
0
Beds
0
Baths
0
½ Baths
0.52
Acres
10,340
SQFT
$46
$/SQFT
1969
Built
Neighborhood:
OT-E (East Of I-380)
County:
Linn
Area:
OT-E (East Of I-380)
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.
Exterior Features

Construction Materials Frame Roof Metal

Interior Features

Basement YN No Cooling Central Air Cooling YN Yes Flooring Concrete Heating Gas Heating YN Yes Levels One

Property Features

Association YN No Building Features Kitchen Facilities Multi- Tenant Overhead Doors Private Restrooms Pole Sign Single- Tenant Electric 220 Volts Inclusions Building Land Lease Considered YN No Listing Terms Cash1031 Exchange Possession Negotiable Property Sub Type Industrial Property Sub Type Additional Industrial Investment Sewer Public Sewer Tax Annual Amount 3932 Utilities Electricity Available Natural Gas Available Water Source Public Zoning M-1 Zoning Description M-1

Listing information © 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Rachel Waters of GLD COMMERCIAL: 319-731-3400.
© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2026-02-15T23:42:33.293.
 
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Rosekrans Stines Team | RE/MAX Concepts
5235 Buffalo Ridge Dr
Cedar Rapids IA, 52411