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    209 Franklin St Center Point, IA 52213

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    For Sale
    $475,000

    Large industrial property with auto repair equipment and recent upgrades.

    Property size:
    10,340 SF
    Lot size:
    0.52 Acres

    Property Features for 209 Franklin St

    General Information

    Size
    10,340 SF
    Lot size
    0.52 Acres

    Source: GLD Commercial Agent Angie Glick

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Center Point Industrial Property For Sale

    Located in Center Point, approximately one mile from I-380, this industrial property presents an opportunity for an owner-user or a multi-tenant investment. The building, formerly an auto repair company, features a showroom and waiting room, three restrooms, two private offices, a detailing bay with a paint booth, an alignment rack, an air compressor, four vehicle lifts, and a breakroom with a kitchenette. There are four garage doors on the front of the building and two on the side. Recent improvements include four new garage doors, new concrete in the parking lot, a new HVAC system, and a new roof. The property offers parking in the front, on the side, and behind the building. A large monument sign is also present. The property can be used for single or multi-tenant use. The sale includes a paint booth, alignment rack, compressor, and four car lifts.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Center Point Auto Auto Repair Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Building Supply Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Jones Storage, Carson Grain Co

    Location Insight

    • Map
    • Local Demand
    City
    Center Point
    County
    Linn
    State
    Iowa
    Longitude
    -91.779996
    Latitude
    42.1873296

    Nearby Similar for Sale

    • $550,000
      0.69 Acres

      Turnkey Restaurant & Commercial Property

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      126 Franklin St, Center Point, IA 52213
      View Details
    • $550,000
      3,888 SF

      Turnkey Restaurant & Commercial Property

      Established restaurant with commercial kitchen and additional shop space.
      126 Franklin St, Center Point, IA 52213
      View Details
    • $849,000
      4,620 SF

      Versatile Office/Shop Building For Sale

      Office/shop building with I-380 access, suitable for various operations.
      4299 Lewis Access Rd, Center Point, IA 52213
      View Details

    FAQs

    What type of property is this?
    Warehouse - Large industrial property with auto repair equipment and recent upgrades.
    Where is this warehouse located?
    The property is located at 209 Franklin St Center Point, IA.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Excellent location in the heart of Center Point, with quick access to I-380.; - Recent significant improvements: new concrete parking lot, metal roof, HVAC, and garage doors.; - Includes valuable equipment: paint booth, alignment rack, compressor, and 4 car lifts.
    (319) 731-3400
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    209 Franklin St Center Point, IA 52213
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