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$ 699,990
Est. payment /mo
Price Dropped by $45K
5405 Douglas Avenue Des Moines, IA 50310
0.62 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 734344
HOA Y/N No
Year Built 1975
Annual Tax Amount $12,121
Lot Size 0.617 Acres
Acres 0.617
Property Description
Exceptional investment/business opportunity located just blocks from Merle Hay mall and the highly anticipated new 3500 seat multi-use arena (home to Drake Hockey & Iowa Demon Hawks). The 2354 ft structure could be turn key fast casual, coffee, or special retail. Features newer grease traps and a drive-thru. Also, all stainless prep tables, hoods, appliances, and cooler stay. High visibility frontage on Douglas Ave corridor boasts 12,600 cars daily. The massive 56 million dollar Merle Hay Mall redevelopment project is transforming this neighborhood into a premier regional entertainment destination for long term value appreciation.
All information obtained from seller and public record.
All information obtained from seller and public record.
Location
State IA
County Polk
Area Des Moines N.West
Zoning MX3
Interior
Fireplace No
Exterior
Private Pool No
Others
Tax ID 10000953000000
Monthly Total Fees $1, 010
Acceptable Financing Cash, Conventional, Contract, USDA Loan, VA Loan
Listing Terms Cash, Conventional, Contract, USDA Loan, VA Loan
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Listed by RE/MAX Precision
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