Excellent Commercial Investment Opportunity – Central City, Iowa Prime multi-building commercial property located on 1.15 acres with outstanding highway frontage offering excellent visibility and easy access in the heart of Central City. Building 1 – Highway-Fronting Strip Center. Anchored by a long-term Subway tenant (occupying the space for over 20 years). This well-maintained center is one of the cleanest and best-run locations in the area. Remaining vacant suites are ready for immediate occupancy and ideal for additional retail, restaurant, service, or professional tenants. Building 2 – Turn-Key Former Medical Office Recently updated and move-in ready. Features 5 exam rooms/offices, a spacious lobby/reception area, large restroom, and additional file/storage/lab space. Highly versatile—perfect for medical, dental, professional offices, retail, or general office use. Exceptionally well maintained with floor plans available. Building 3 – Flexible Outbuilding Ideal for storage, workshop, or additional tenant space. Includes a man door and overhead door with opener. Situated on a generous 1.15-acre site with strong highway exposure, this property offers excellent investment potential and multiple income streams in a stable, growing market. Perfect for investors or owner-users seeking high-visibility commercial real estate in Central City. Don’t miss this rare opportunity—schedule a showing today!
Excellent Commercial Investment in Central City! Outstanding multi-building property on 1.15 acres with prime highway frontage for excellent visibility and access in the heart of this charming area. Building 1: Updated former medical officeâ??turn-key with 5 exam rooms/offices, large lobby/greeting area, large bathroom, and file/storage/lab space. Versatile for medical, professional, retail, or office use. Very well maintained. Building 2: Strip center anchored by a reliable Subway tenant (nearly 20 years!). One of the cleanest locations around with great service. Remaining space vacant and ready for retail, dining, services, or more. Floor plans attached. Building 3: Flexible outbuilding ideal for storage, workshop, or tenant useâ??features man door and overhead door with opener. This property offers growth potential in a solid market. Perfect for investors or owner-users seeking highway exposure. Must seeâ??call today!
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.
Central City is located in Iowa. Central City, Iowa has a population of 1,197. Central City is more family-centric than the surrounding county with 33.97% of the households containing married families with children. The county average for households married with children is 31.95%.
The median household income in Central City, Iowa is $74,444. The median household income for the surrounding county is $70,360 compared to the national median of $69,021. The median age of people living in Central City is 35.6 years.
The average high temperature in July is 84.3 degrees, with an average low temperature in January of 10 degrees. The average rainfall is approximately 37.6 inches per year, with 28.3 inches of snow per year.
