209 Franklin St - Service Station FOR SALE


Center Point, IA 52213
$475,000 USD
319-731-3400
209 Franklin St, Center Point, IA for Sale
$475,000 USD
Service Station - FOR SALE
1/16
null | Request Cap Rate

209 Franklin St
Center Point, IA 52213


HIGHLIGHTS

  • Can be used for single or multi-tenant use.
  • New concrete lot, metal roof, HVAC, overhead doors & mechanicals.
  • Located in the heart of Center Point, within approximately one mile of I-380.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$46 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

undefined, Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,738 SF

ZONING

M-1

APN/PARCEL ID

05094-29017-00000

ASK ABOUT THIS PROPERTY

Angie GlickGLD CommercialMore Info
319-731-3400

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Angie GlickGLD CommercialMore Info
319-731-3400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.