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Central City, IA

Retail

Central City, IA Retail Space for Sale

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Coggon, IA Alburnett, IA Marion, IA

Central City Commercial Investment Opportunity

Updated: Feb 27

Central City Commercial Investment Opportunity

4659 Iowa HWY 13, Central City, IA 52214

$875,000

6,232 sqft · 1.15 AC lot

Prime commercial property on 1.15 acres with outstanding highway frontage and visibility.
Multi‑building property offering multiple income streams.
Building 1: Highway‑fronting strip center anchored by a long‑term Subway tenant.
Building 2: Turn‑key, recently updated former medical office suitable for various uses.
Remaining vacant suites in strip center are ready for immediate occupancy.

This listing looks promising.

Here's a quick look at some key insights for

4659 Iowa HWY 13, Central City, IA 52214

View Property Analytics

Est. Cap Rate

6.7%
Above avg (5.9%)
Est. NOI

$59K
Annual
Mortgage

$325K
Sep 2022
Last Sold

Apr 2001
$75K
Property Type

Restaurant
Built 2007

View Property Analytics

Retail Space in Central City

Updated: Feb 10, 2025

Retail Space in Central City

413 E Main St, Central City, IA 52214

$85,000

0.02 AC lot

Tenant in place with a new 3‑year lease, including annual increases and renewal options, providing immediate income.
Recently updated with new flooring, fresh interior and exterior paint, enhancing appeal and reducing maintenance.
Roof patched and sealed in May 2025, ensuring structural integrity.
Located in the heart of Central City's historic district.
Features large retail windows, a reception area, two private rooms, one restroom, and a back patio area.

Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 2 Active listings in Central City, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 Off-Market properties to explore as potential leads, plus 1 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.

Retail Space in Multi-Tenant Strip Center

Retail Space in Multi-Tenant Strip Center

1101 Eagleview Blvd, Marion, IA 52302

Contact for pricing

7,400 sqft · 1.12 AC lot

2,560 SF retail suites with road exposure and front parking in a C-3 zoned strip center across from Walmart.

Cedar Rapids Commercial Space

Cedar Rapids Commercial Space

5271 N Park Place, Cedar Rapids, IA 52402

Contact for pricing

9,800 sqft · 1.53 AC lot

Versatile commercial space suitable for office or retail use.

Retail Storefront with Parking

Retail Storefront with Parking

576 Boyson Rd Unit 112, Cedar Rapids, IA 52402

Contact for pricing

Cleaned retail storefront with ample on-site parking and an employee entrance in the rear.

Retail Space in Marion, Iowa

Retail Space in Marion, Iowa

1155 Grand Avenue Unit A-D, Marion, IA 52302

Contact for pricing

1,464 sqft

Retail space available in Marion, Iowa with 1464 square feet.

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.

Prime PUD-Zoned Land Opportunity

Prime PUD-Zoned Land Opportunity

3229 State Road 207, Elkton, FL 32033

$1,599,000

900 sqft · 2.07 AC lot

2.07 acres of PUD-zoned land in a growing corridor.

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.

RETAIL STORES (PERSONAL SERVICES)

4 Maple St, Central City, IA 52214-9701

Value Estimation by Request

3,192 sqft · 0.70 AC lot

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

RETAIL STORES (PERSONAL SERVICES)

417 Main St, Central City, IA 52214-7736

Value Estimation by Request

1,610 sqft · 0.06 AC lot

RETAIL STORES (PERSONAL SERVICES)

413 Main St, Central City, IA 52214

Value Estimation by Request

890 sqft · 0.02 AC lot

RETAIL STORES (PERSONAL SERVICES)

340 Main St, Central City, IA 52214-9494

Value Estimation by Request

3,440 sqft · 0.19 AC lot

RETAIL STORES (PERSONAL SERVICES)

453 Main St, Central City, IA 52214-7736

Value Estimation by Request

5,072 sqft · 0.10 AC lot

RETAIL STORES (PERSONAL SERVICES)

356 Main St, Central City, IA 52214-9494

Value Estimation by Request

2,441 sqft · 0.18 AC lot

RETAIL STORES (PERSONAL SERVICES)

402 Main St, Central City, IA 52214-9454

Value Estimation by Request

3,016 sqft · 0.08 AC lot

RETAIL STORES (PERSONAL SERVICES)

1085 Sawyer Rd, Central City, IA 52214-9612

Value Estimation by Request

2,800 sqft · 3.34 AC lot

RETAIL STORES (PERSONAL SERVICES)

414 Main St, Central City, IA 52214

Value Estimation by Request

990 sqft · 0.05 AC lot

Central City, IA Retail Space Market Trends and Statistics

Explore 12 retail space 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 retail space in Central City, IA start at $875,000, averaging $875,000, and reaching up to $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

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	$480K

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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