1631 2nd Ave - Showroom FOR SALE


Des Moines, IA 50314- Capitol Park
$1,400,000 USD
515-867-4964
1631 2nd Ave, Des Moines, IA for Sale
$1,400,000 USD
Showroom - FOR SALE
1/2
null | Request Cap Rate

1631 2nd Ave
Des Moines, IA 50314
Capitol Park


OVERVIEW

Prime opportunity to invest in a fully occupied industrial property located on 2nd Ave in Des Moines, IA, featuring a long-standing, stable tenant. With decades of occupancy, this property offers an exceptional opportunity for investors with the tenant renewing for 5 years starting November 2024 and an additional 5 year renewal. This property also include a fenced-in outdoor storage area adjacent to the building.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$131 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.84

LAND SF

36,675

ZONING

M-1

APN/PARCEL ID

080/05845-001-001

ASK ABOUT THIS PROPERTY

Nathan PetscheFerguson Commercial Real Estate ServicesMore Info
515-867-4964

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Nathan PetscheFerguson Commercial Real Estate ServicesMore Info
515-867-4964

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.