Listing Agency: GLD COMMERCIAL Show Phone

Listed By: Rachel Waters · License #S71287000 Show Phone

Source: Exprealty

Added: Jan 20, 2025 Changed: Aug 22 Last Checked: Aug 22 at 12:04PM

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Investment Insights

Based on property information with market context.

This industrial property is located in Center Point, offering quick access to I-380. Formerly an auto repair company, the building presents an opportunity for an owner-user or can be converted into a multi-tenant investment property. The building includes 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 provides ample parking in the front, on the side, and behind the building. A large monument sign is also featured.

Key Highlights

• Large industrial property with quick access to I‑380.
• Includes auto repair equipment: paint booth, alignment rack, air compressor, and 4 vehicle lifts.
• Recent improvements: 4 new garage doors, new concrete in parking lot, new HVAC, new roof.

Property Analytics

Property Profile

Current Use

Center Point Auto Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Building Supply HVAC Service Hair Salon Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

171

Businesses Nearby

16k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Casey's General Store Shops & Services

6,967 visits/mo 0.4 miles

Corner Store Shops & Services

4,503 visits/mo 0.5 miles

BP Shops & Services

3,414 visits/mo 0.5 miles

Carquest Auto Parts # 5593 Shops & Services

717 visits/mo 0.5 miles

Demographics for 52213, IA

4,408

Population

1,677

Households

2.6

Avg Household Size

40

Median Age

32%

College-Educated

95%

High-School Grad

72.9 sq mi

ZIP Area

60

Density / Sq Mi

$94,896

Median Household Income

$56,585

Median Earnings

$894

Median Rent

$254,400

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this auto shops located? What is the asking price? Find similar properties ... What are key features of this property?

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Similar Off Market Nearby

• Iowa Tow Pro — 4204 lewis access rd, center point, ia 52213
• Complete Automotive — 250 Franklin St, Center Point, IA 52213
• Black Widow Diesel — 500 Ford Ln, Center Point, IA 52213
• Sky Chrysler Dodge Jeep RAM Service Center — 1001 Ford Ln, Center Point, IA 52213
• Duffy's Collectible Cars — 4204 Lewis Access Rd, Center Point, IA 52213

Frequently Asked Questions

What type of property is this?

Auto shop - Large industrial property with auto repair features and investment potential.

Where is this auto shop 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: Large industrial property with quick access to I‑380.; Includes auto repair equipment: paint booth, alignment rack, air compressor, and 4 vehicle lifts.; Recent improvements: 4 new garage doors, new concrete in parking lot, new HVAC, new roof.