$ 1,700,000.00

  • MLS #: 593815
  • Date added: 02/16/21
  • Post Updated: 2022-05-20 01:40:35
  • Status:
  • Bathrooms: 0
  • Area: 16160 sq ft
  • Lot size: 47312 sq ft
  • Year built: 1957

Description

This high visibility location has signage seen by about 20,000 cars per day according to 2016 data from the IA DOT. 16,000 sf split into 4 units of varying sizes, sits on just over an acre, zoned C-2. Current (long-term) tenants include a successful daycare, large dance studio, and martial arts studio, with one unit presently for lease. Building has been well looked after by an on-site owner/manager since the 90s, features include a newer asphalt lot with clear parking stripes and great drainage, and newer brick veneer exterior. Building & grounds maintenance equipment negotiable along with sale, including truck with plow. Solid I-beam construction means no support posts break up the interior space, could be opened up into one wide open 16k sf space. $140,000 yearly gross income, contact agent for expenses or to show, please do not disturb tenants.

View on map / Neighborhood

Location & Schools

  • County: Polk
  • MLS Area: Des Moines S.East
  • Directions: NORTH SIDE OF ARMY POST ROAD
  • Zoning: C-2

Property Details

  • Lot Size: 168X280
  • Lot Shape: Regular
  • Construction Type: Block
  • Parcel Number: 12001983003000
  • Building Class: Retail
  • Building Sqft: 16160
  • LP Amt Sq Ft: 105.20
  • Acres: 1.0860
  • Transaction Type: Sale
  • Foundation: Concrete Block
  • Frontage: 168
  • Sale Commission: 2.5000
  • Terms Available: Cash,Conventional

Property Features

  • Exterior: Brick
  • Street Feature: Concrete
  • Air Conditioning: Central
  • Electricity: Lot
  • Heat: Gas Forced Air
  • Heat Source: Natural
  • Gas: Natural
  • Roof: Metal
  • Sewer: City
  • Sprinkler System: None
  • Water: City

Taxes & Fees

  • Net Taxes: 25927.00
  • Gross Taxes: 25927.00

Miscellaneous

  • Legal: LT 5 & W 1/2 LT 6 HIGGINS ACRES

Courtesy of

  • Office Name: Developers Realty Group LLC

This style property is located in Des Moines is currently and has been listed on Sly Real Estate Group. This property is listed at $ 1,700,000.00. It has bedrooms, 0 bathrooms, and is 16160 sq ft. The property was built in 1957 year.