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    Central City, IA
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    Central City, IA Restaurants for Sale

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    Coggon, IA Alburnett, IA Marion, IA Springville, IA Center Point, IA Cedar Rapids, IA Robins, IA Hiawatha, IA
    Multi-Building Medical Office Campus
    Updated: Feb 27
    Multi-Building Medical Office Campus

    4659 Iowa HWY 13, Central City, IA 52214

    $875,000
    6,232 sqft 1.15 AC lot
    Zoned Hwy/Com
    1.15‑acre site with strong highway exposure and easy access
    Former medical office updated and move‑in ready with 5 exam rooms/offices
    Building 1 highway‑fronting strip center anchored by a Subway tenant over 20 years
    Remaining vacant suites ready for immediate occupancy
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    This listing looks promising.

    Here's a quick look at some key insights for

    4659 Iowa HWY 13, Central City, IA 52214

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    • Est. Cap Rate

      7.2%
      Above avg (5.9%)

    • Est. NOI

      $63K
      Annual

    • Mortgage

      $325K
      Sep 2022

    • Last Sold

      Apr 2001
      $75K

    • Property Type

      Restaurant
      Built 2007
    View Property Analytics
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 1 Active listings in Central City, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Leased Restaurant Condo with Kitchen
    Leased Restaurant Condo with Kitchen

    796 11th St, Marion, IA 52302

    $725,000
    7,619 sqft

    Fully leased restaurant condo includes a catering-size kitchen, plus garage and basement space across three parcels.

    View details
    Convenience Store With Deli Kitchen
    Convenience Store With Deli Kitchen

    5913 Troy Mills Rd, Coggon, IA 52218

    $199,000
    3,787 sqft 0.54 AC lot

    Convenience retail property with food-service space, a separate shop, and on-site fuel and propane infrastructure.

    View details
    Convenience Store with Deli Kitchen
    Convenience Store with Deli Kitchen

    5913 Troy Mills Rd, Coggon, IA 52218

    $199,000
    3,787 sqft

    The store includes a full kitchen, dining area, storage, office, and social room.

    View details
    Restaurant Kitchen Lease Space
    Restaurant Kitchen Lease Space

    2020 7th Avenue, Marion, IA 52302

    Contact for pricing
    515 sqft

    Kitchen space for lease includes equipment, a 16' hood vent, and walk-in cooler and freezer.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Development-Ready Commercial Land with Utilities
    Development-Ready Commercial Land with Utilities

    Kacena Rd lot: 15, Hiawatha, IA 52233

    $428,304
    2.07 AC lot

    2.07-acre commercial land parcel zoned C-4 with city sewer and water, natural gas, electric, and high-speed internet.

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    Agricultural Land with Utilities
    Agricultural Land with Utilities

    1175 Tower Terrace Rd, Hiawatha, IA 52233

    $1,486,485
    5.46 AC lot

    Two-parcel site with utilities at the location, current AG zoning and planned C4 zoning potential, near I-380 interchange.

    View details
    C-4 Commercial Development Land
    C-4 Commercial Development Land

    Tower Terrace Rd lot: 4, Hiawatha, IA 52233

    $567,151
    2.17 AC lot

    2.17-acre C-4 zoned development site with city sewer and water, natural gas, and high-speed internet access.

    View details
    Zoned C-4 Development Land
    Zoned C-4 Development Land

    Tower Terrace Rd lot: 5, Hiawatha, IA 52233

    $378,972
    1.45 AC lot

    Development-ready lot zoned C-4 with city sewer and water, natural gas, electric service, and high-speed internet.

    View details

    Off-Market Properties in Central City, IA

    Consider similar Off-Market properties in Central City, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    26 4th N St
    RESTAURANT

    26 4th N St, Central City, IA 52214-7700

    $230,000
    Estimated value
    1,493 sqft 0.07 AC lot
    View details
    433 Main St
    RESTAURANT

    433 Main St, Central City, IA 52214-7736

    $220,000
    Estimated value
    2,681 sqft 0.12 AC lot
    View details
    28 4th N St
    RESTAURANT

    28 4th N St, Central City, IA 52214

    $95,000
    Estimated value
    1,365 sqft 0.06 AC lot
    View details
    4659 Hwy 13
    RESTAURANT

    4659 Hwy 13, Central City, IA 52214-9804

    $305,000
    Estimated value
    4,032 sqft 1.15 AC lot
    View details
    15 4th S St
    RESTAURANT

    15 4th S St, Central City, IA 52214-7702

    $245,000
    Estimated value
    5,485 sqft 0.07 AC lot
    View details

    Central City, IA Restaurants Market Trends and Statistics

    Explore 6 restaurants for sale in Central City, IA on our real estate platform. These investment opportunities span a total of 6,232 square feet of properties for sale, with an estimated market value of $875,000.

    Sale prices for restaurant properties in Central City, IA average $875,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1

    Demographics Overview

    Population 2,770
    Population Growth (5Y) -22.8%
    Median Household Income $83,450
    College Educated 27.6%

    Taxes & Financing

    Tax Rate (average for all types) 2.28%
    Property Tax per SF $25.17 per SF
    Tax Rate vs County Average 0.72 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Linn County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Linn County

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