1501 E Euclid Avenue Active Save Request In-Person Tour Request Virtual Tour
Des Moines,IA 50316
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 722282
Year Built 1995
Annual Tax Amount $18,194
Lot Size 0.952 Acres
Property Description
Take advantage of this rare opportunity to own a stabilized single-tenant investment property in a high-visibility location along E Euclid Avenue. The building totals 3,132 square feet and is fully leased under a brand-new 10-year lease term, offering reliable cash flow and long-term tenant stability.
Recent capital improvements include a new roof, HVAC system, grease trap, and updated site plan. The drive-thru has also been upgraded with new concrete, enhancing both functionality and curb appeal.
Located in a high-traffic corridor with strong surrounding demographics, this property presents a turnkey investment with minimal near-term maintenance needs and a committed tenant in place.
Location
State IA
County Polk
Area Des Moines N.East
Zoning MX3
Others
Monthly Total Fees $1,516
Acceptable Financing Cash
Listing Terms Cash