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    Central City, IA
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    Central City, IA Retail Properties & Spaces 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
    View details

    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
    Dollar General Absolute NNN Lease
    Updated: Jun 25
    Dollar General Absolute NNN Lease

    4 Barber Street, Central City, IA 52214

    $1,057,820
    Absolute NNN lease with 7 years remaining and five (5) year renewal options
    Tenant is Dollar General Corporation with a corporate guarantee and “BBB” investment grade credit rating
    Total annual rent is $82,510 with 10% rent increases at each extension option
    No landlord responsibilities reported in the listing remarks
    Concrete parking lot with ample parking
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    Retail Building with Overhead Door
    Retail Building with Overhead Door

    9 South Avenue, Central City, IA 52214

    Contact for pricing

    Wood frame metal building on nearly one acre with one 12' overhead door and 30 parking spaces.

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    Central City Storefront Investment Property
    Central City Storefront Investment Property

    Central City, IA 52214

    $80,000

    Well-maintained commercial property in Central City's historic district.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 32 Potential Opportunities for your consideration. Besides 4 Active listings in Central City, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 20 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.

    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
    Medical or Office Suite in Strip Center
    Medical or Office Suite in Strip Center

    2931 7th Avenue, Marion, IA 52302

    Contact for pricing
    11,964 sqft

    Concrete-floored office or retail suite with medical-ready buildout in a UC-1 strip center on 7th Avenue in Marion.

    View details
    Self-Service Car Wash with 8 Bays
    Self-Service Car Wash with 8 Bays

    665 Keyes Ct, Marion, IA 52302

    $395,000

    An 8-bay self-service car wash with four vacuum stations on a corner lot, zoned Regional Business.

    View details
    Turn-Key Convenience Store For Sale
    Turn-Key Convenience Store For Sale

    5913 Troy Mills Rd, Coggon, IA 52218

    Contact for pricing
    3,787 sqft

    Fully operational convenience store with deli kitchen in Troy Mills.

    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 Land in Robins, Iowa
    Development Land in Robins, Iowa

    8.98 Acres M/L N Center Point Rd, Robins, IA 52328

    $314,300
    8.98 AC lot

    8.98 acres of commercial land available for development.

    View details
    Residential Land in Robins Landing
    Residential Land in Robins Landing

    520 Hampden Dr Ne, Cedar Rapids, IA 52402

    $90,000

    Residential land with planned walkability and park access.

    View details
    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.

    View details
    Commercial Land Zoned C4
    Commercial Land Zoned C4

    Anchor Dr lot: 6, Hiawatha, IA 52233

    $273,121
    1.25 AC lot

    Development-ready commercial lot in C4 with city sewer and water, plus natural gas 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.

    4 Maple St
    RETAIL STORES (PERSONAL SERVICES)

    4 Maple St, Central City, IA 52214-9701

    $230,000
    Estimated value
    3,192 sqft 0.70 AC lot
    View details
    445 Marion N Rd
    RETAIL STORES (PERSONAL SERVICES)

    445 Marion N Rd, Central City, IA 52214-7776

    $1,050,000
    Estimated value
    9,170 sqft 0.99 AC lot
    View details
    64 5th S St
    LAUNDROMAT (SELF-SERVICE)

    64 5th S St, Central City, IA 52214-7706

    $215,000
    Estimated value
    1,320 sqft 0.19 AC lot
    View details
    448 Main St
    SERVICE STATION (FULL SERVICE)

    448 Main St, Central City, IA 52214-9454

    $55,000
    Estimated value
    4,256 sqft 0.30 AC lot
    View details
    417 Main St
    RETAIL STORES (PERSONAL SERVICES)

    417 Main St, Central City, IA 52214-7736

    $70,000
    Estimated value
    1,610 sqft 0.06 AC lot
    View details
    413 Main St
    RETAIL STORES (PERSONAL SERVICES)

    413 Main St, Central City, IA 52214

    $70,000
    Estimated value
    890 sqft 0.02 AC lot
    View details
    340 Main St
    RETAIL STORES (PERSONAL SERVICES)

    340 Main St, Central City, IA 52214-9494

    $245,000
    Estimated value
    3,440 sqft 0.19 AC lot
    View details
    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
    453 Main St
    RETAIL STORES (PERSONAL SERVICES)

    453 Main St, Central City, IA 52214-7736

    $190,000
    Estimated value
    5,072 sqft 0.10 AC lot
    View details
    356 Main St
    RETAIL STORES (PERSONAL SERVICES)

    356 Main St, Central City, IA 52214-9494

    $230,000
    Estimated value
    2,441 sqft 0.18 AC lot
    View details
    402 Main St
    RETAIL STORES (PERSONAL SERVICES)

    402 Main St, Central City, IA 52214-9454

    $215,000
    Estimated value
    3,016 sqft 0.08 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
    1085 Sawyer Rd
    RETAIL STORES (PERSONAL SERVICES)

    1085 Sawyer Rd, Central City, IA 52214-9612

    $235,000
    Estimated value
    2,800 sqft 3.34 AC lot
    View details
    Marion N Rd
    NURSERY, GREENHOUSE, FLORIST

    Marion N Rd, Central City, IA 52214

    $190,000
    Estimated value
    2,520 sqft 9.14 AC lot
    View details
    401 Main St
    FINANCIAL BUILDING

    401 Main St, Central City, IA 52214-7736

    $220,000
    Estimated value
    1,413 sqft 0.16 AC lot
    View details
    414 Main St
    RETAIL STORES (PERSONAL SERVICES)

    414 Main St, Central City, IA 52214

    $125,000
    Estimated value
    990 sqft 0.05 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
    59 4th N St
    FINANCIAL BUILDING

    59 4th N St, Central City, IA 52214-7769

    $260,000
    Estimated value
    5,294 sqft 0.54 AC lot
    View details

    Central City, IA Retail Properties & Spaces Market Trends and Statistics

    Explore 24 retail properties & spaces for sale in Central City, IA, showcased through 4 active listings 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 $2,012,820.

    Sale prices for stores in Central City, IA start at $80,000, averaging $670,940, and reaching up to $1,057,820 — 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

    Grocery and convenience stores 2
    Storefront properties 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Central City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    52214 $670.9K

    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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