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126 Franklin Street Center Point, IA 52213 Commercial - Business Active

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Description

Seize a rare opportunity to own a well-established restaurant business and versatile commercial property in Center Point, Iowa. The Pizza Place is a longtime local staple offering breakfast seven days a week, daily lunch specials, and broasted chicken nightly from 4 PM to close, with dine-in, takeout, and catering options available. Its strong reputation attracts loyal local customers as well as consistent highway traffic. Spanning approximately 3,888 square feet, this turnkey commercial property features two dining areas, a full commercial kitchen with updated equipment, and a second, newly renovated pizza kitchen designed for efficiency and high-volume production. Additional features include walk-in coolers, dedicated prep space, and ample dry storage to support smooth daily operations. The property also includes a large attached shop with overhead doors, offering flexibility for storage, business expansion, or an additional income stream. Positioned on a high-visibility lot with generous parking and convenient access to I-380, this location sits within Center Point's established commercial corridor. Whether continuing the success of The Pizza Place or introducing a new concept, this property offers excellent visibility, functionality, and long-term potential.

Property Highlights

Property Type: Commercial - Business
Year Built: 1958

General Information

County: Linn
Listed By:
Keller Williams Legacy Group 319-423-4139 Rachel Koth
Cedar Rapids MLS
$525,000
Est. $3,302/mo
Active
SQUARE FEET3,888 MLS#2600988
STATUSActive PROPERTY TYPECommercial - Business

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Agent Name: Lisa Lynes
Agent Phone: (319) 330-5077
Agency Title: Ruhl&Ruhl Realtors
Agent Email:

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126 Franklin Street, Center Point, IA 52213.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $525,000$525,000$525,000
Down Payment $105,000$18,375$131,250
Monthly Mortgage Amount $2,418$3,008$3,139
Taxes $731$731$731
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$231$0
Monthly Estimated Total $3,302$4,123$4,023

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About this area

Iowa/Center Point
Center Point

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About Center Point

Center Point, IA is a growing community in eastern Iowa that offers a blend of small-town charm and convenient access to nearby urban amenities. Known for its friendly atmosphere and well-maintained neighborhoods, Center Point appeals to residents who value a quieter pace of life without being far from larger employment and shopping centers. Local parks, recreational facilities, and community events contribute to a strong sense of connection among residents, while surrounding countryside adds to the area’s appeal.

Real estate in Center Point provides a diverse range of housing options. Buyers will find established neighborhoods with traditional single-family homes, many featuring ranch-style or split-level designs, attached garages, and spacious yards. Newer residential developments have expanded the local market, offering modern homes with open floor plans, energy-efficient features, and updated finishes. These newer properties are especially attractive to growing families and buyers seeking move-in-ready options.

The area also offers opportunities for buyers interested in larger lots or semi-rural living just outside town limits. These properties provide additional space for outdoor activities while maintaining close proximity to schools, shopping, and daily services. Affordability compared to larger cities is a key draw, making Center Point appealing to first-time buyers, professionals, and retirees alike.

Center Point’s steady growth, community focus, and accessible housing market support long-term residential appeal. Its location allows residents to enjoy both small-town living and regional connectivity. With a variety of home styles, neighborhood settings, and price points, Center Point continues to attract buyers seeking comfort, value, and a welcoming Iowa community.

If you are ready to start your real estate buying or selling journey, browse the newest homes for sale in Center Point, IA. You can also contact us—we are here to help!

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/04/2026. The listing information on this page last changed on 03/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 03/04/2026 10:02:45 AM EST) or MRED MLS (last updated Wed 03/04/2026 9:58:29 AM EST) or SCWMLS (last updated Wed 03/04/2026 9:55:06 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 03/03/2026 10:15:25 PM EST) or Cedar Rapids MLS (last updated Wed 03/04/2026 9:59:14 AM EST) or NEIRBR MLS (last updated Wed 03/04/2026 9:59:07 AM EST) or ICAAR MLS (last updated Wed 03/04/2026 9:58:47 AM EST) or ECIMLS (last updated Wed 03/04/2026 10:00:26 AM EST) or RMLSA (last updated Wed 03/04/2026 10:00:56 AM EST) or Muscatine MLS (last updated Wed 03/04/2026 10:00:25 AM EST) or No Coast MLS (last updated Wed 03/04/2026 9:54:18 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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