For Lease
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Property summary
This exceptional Class A commercial property, Center Point, presents a unique opportunity for businesses seeking prime downtown office space. Located at the corner of Cottage and Marion, this two-story building boasts 23,202 square feet, with 5,266 square feet currently vacant and immediately available for lease. Built in 1960 and extensively renovated in 2019, the building features a shared, beautifully appointed lobby. The available space is located on the main level and offers the flexibility to create a customized layout, accommodating a variety of needs, from executive offices and open work areas to conference rooms and a reception area. The property sits on 0.85 acres and is zoned CB (central business district), providing convenient access to the vibrant downtown area. Ample on-street parking is available, supplemented by a private parking lot for employees and clients. The building includes an elevator for easy access to both floors. Lease rates are negotiable and will be considered based on tenant creditworthiness and lease term length. Tenant improvement allowances may be available. This is an ideal location for businesses seeking a prestigious address and convenient access to downtown amenities.
Property profile
VerifiedCap rate & NOI
Current use
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Real Estate Agency
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Business Administration Service
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Accounting Firm
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Charitable Organization Social Service Agency
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Accounting Firm Tax Preparation
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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