Mixed-Use Retail | 324 1st St
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Mixed-Use Retail 324 1st St
3,704 SF 100% Leased Retail Building Des Moines, IA 50265 $620,000 ($167/SF)
Investment Highlights
- Prime Retail Frontage to 1st St (Hwy 28) with over 25,200 AADT as of 2023.
- Monument signage available for businesses and tenants.
Executive Summary
A beautiful Beaverdale brick property located in Valley Junction. This Property includes a Retail building used as a furnished Rental, a multi-unit office/retail building and a storage outbuilding. Buildings have been meticulously maintained with unique furnishings and artwork you will not find in another rental property. Generous parking spaces for tenants and customers.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
3,704 SF
Building Class
C
Year Built
1939
Price
$620,000
Price Per SF
$167
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.19
Lot Size
0.44 AC
Opportunity Zone
Yes
Zoning
VJC
Parking
6 Spaces (0.92 Spaces per 1,000 SF Leased)
Bike Score ®
Very Bikeable (72)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 320-04525003000 | Improvements Assessment | $62,000 |
| Land Assessment | $194,000 | Total Assessment | $256,000 |
PROPERTY TAXES
Parcel Number
320-04525003000
Land Assessment
$194,000
Improvements Assessment
$62,000
Total Assessment
$256,000
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Mixed-Use Retail | 324 1st St
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