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$ 1,300,000
Est. payment /mo
Active
1501 E Euclid Avenue Des Moines, IA 50316
0.95 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 722282
HOA Y/N No
Year Built 1995
Annual Tax Amount $18,194
Lot Size 0.952 Acres
Acres 0.952
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.
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
Interior
Fireplace No
Exterior
Private Pool No
Others
Tax ID 110/00554-028-007
Monthly Total Fees $1, 516
Acceptable Financing Cash
Listing Terms Cash
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Listed by Stanbrough Realty Company
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