Contact us: 563.441.1776
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 Highlights
Property Type: Commercial - Industrial
Building Description: 1.0 stories
Year Built: 1969
General Information
County: Linn
Listed By:
GLD COMMERCIAL
319-731-3400
Rachel Waters
Cedar Rapids MLS
MLS ID: 2500480
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209 Franklin Street, Center Point, IA 52213.
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563-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $475,000 | $475,000 | $475,000 |
| Down Payment | $95,000 | $16,625 | $118,750 |
| Monthly Mortgage Amount | $2,187 | $2,722 | $2,840 |
| Taxes | $661 | $661 | $661 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $209 | $0 |
| Monthly Estimated Total | $2,987 | $3,731 | $3,640 |
About this area
About Center Point
Center Point, IA is a growing community in eastern Iowa that offers a blend of small-town charm and convenient access to nearby urban amenities. Known for its friendly atmosphere and well-maintained neighborhoods, Center Point appeals to residents who value a quieter pace of life without being far from larger employment and shopping centers. Local parks, recreational facilities, and community events contribute to a strong sense of connection among residents, while surrounding countryside adds to the area’s appeal.
Real estate in Center Point provides a diverse range of housing options. Buyers will find established neighborhoods with traditional single-family homes, many featuring ranch-style or split-level designs, attached garages, and spacious yards. Newer residential developments have expanded the local market, offering modern homes with open floor plans, energy-efficient features, and updated finishes. These newer properties are especially attractive to growing families and buyers seeking move-in-ready options.
The area also offers opportunities for buyers interested in larger lots or semi-rural living just outside town limits. These properties provide additional space for outdoor activities while maintaining close proximity to schools, shopping, and daily services. Affordability compared to larger cities is a key draw, making Center Point appealing to first-time buyers, professionals, and retirees alike.
Center Point’s steady growth, community focus, and accessible housing market support long-term residential appeal. Its location allows residents to enjoy both small-town living and regional connectivity. With a variety of home styles, neighborhood settings, and price points, Center Point continues to attract buyers seeking comfort, value, and a welcoming Iowa community.
If you are ready to start your real estate buying or selling journey, browse the newest homes for sale in Center Point, IA. You can also contact us—we are here to help!
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 03/05/2026. The listing information on this page last changed on 03/05/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 03/05/2026 1:19:13 AM EST) or MRED MLS (last updated Thu 03/05/2026 1:15:09 AM EST) or SCWMLS (last updated Wed 03/04/2026 11:54:42 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Wed 03/04/2026 10:15:21 PM EST) or Cedar Rapids MLS (last updated Wed 03/04/2026 10:44:17 PM EST) or NEIRBR MLS (last updated Thu 03/05/2026 1:18:47 AM EST) or ICAAR MLS (last updated Wed 03/04/2026 11:37:42 PM EST) or ECIMLS (last updated Wed 03/04/2026 11:44:16 PM EST) or RMLSA (last updated Thu 03/05/2026 1:11:00 AM EST) or Muscatine MLS (last updated Thu 03/05/2026 1:15:26 AM EST) or No Coast MLS (last updated Thu 03/05/2026 12:44:26 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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