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21183219
21183217

413 E Main St, Central City, IA 52214

AG
IA IA B64683000
GLD Commercial Real Estate Advisors
RW
IA S71287000
GLD Commercial Real Estate Advisors
Listed by GLD Commercial Real Estate Advisors
$80,000
510 days on market
Updated 2 days ago

413 E Main Street

Details
APN 07031-91007-00000
Property Type Retail
Sub Type Storefront
Square Footage 890
Cap Rate 9.50%
Occupancy 100%
Tenancy Single
Lease Type Gross
Lease Term 3
Lease Expiration 01/31/2028
Remaining Term 1.7
Lease Options 2
Price per SqFt $90
Year Built 1891
Buildings 1
Stories 1
Acreage 0.020
Zoning C-3
Investment Type Stabilized
Lease Commencement 02/01/2025
Sale Condition For sale by owner

Attractive Entry Point

Marketing description

Located in the heart of Central City’s historic district, this well-maintained investment property is leased to an established photography business on a 3-year term with annual rent increases and renewal options. Ownership has made recent improvements including new flooring, fresh interior and exterior paint, and roof patching and sealing completed in May 2025. The layout includes large storefront windows, a reception area, two private rooms, one restroom, a back patio, and a dry basement ideal for storage. The property also benefits from ample on-street parking directly in front of the building. Contact listing agent for financial details. 48 hours’ notice required for showings.


Investment highlights

  • Leased by a photography business thru January 2028 with renewal options

  • New flooring and paint

  • Located in the heart of downtown Central City

Listing Contacts

AG
IA IA B64683000
GLD Commercial Real Estate Advisors
RW
IA S71287000
GLD Commercial Real Estate Advisors
Listed by GLD Commercial Real Estate Advisors

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Additional Information

Name
Angie Glick-Martin
License
IA B64683000
Brokerage
GLD Commercial
Brokerage Phone
3197313400
Title
Principal
Name
Rachel Waters
License
S71287000
Brokerage
GLD Commercial
Brokerage Phone
319-731-3400
Title
Agent Associate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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