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$1,700,000
606 E Army Post Rd, Des Moines, IA 50315
0 Beds
0 Baths
16,160 SqFt

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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.
  • Price:
  • $1,700,000
  • Square Footage:
  • 16,160
  • Acreage:
  • 1.09
  • Year Built:
  • 1957
  • Listing ID #:
  • 593815
  • Street Address:
  • 606 E Army Post Rd
  • City:
  • Des Moines
  • State:
  • Iowa
  • Postal Code:
  • 50315
  • County:
  • Polk
  • Community:
  • Des Moines S.East
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Construction Description:
  • Brick, Block
  • Foundation:
  • Block
  • Total Building Square Footage:
  • 16160
  • Type Of Roof:
  • Metal
  • Year Built:
  • 1957
  • Conforms To Zoning:
  • C-2
  • Lot Features:
  • Rectangular Lot
  • Lot Square Footage:
  • 47312
  • Road Type:
  • Concrete
  • Suitable Use:
  • Retail
  • Days On Market:
  • 407
  • Originating Mls:
  • Dmaar
  • Previous Listing Price:
  • 1500000
  • Terms:
  • Cash, Conventional
  • Property Taxes:
  • $25,927
  • Cooling System:
  • Central Air
  • Existing Water:
  • Public
  • Has Central Air Conditioning:
  • 1
  • Heating:
  • Forced Air, Gas, Natural Gas
  • Sewage Type:
  • Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Developers Realty Group LLC
  • IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Last Updated September 26, 2022 DESMOINES

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