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1964 Indianola Ave 1,922 SF 100% Leased Office Building Des Moines, IA 50315 $235,000 ($122.27/SF)
Investment Highlights
- Vacant building allows immediate possession
- Concrete condition supports negotiable pricing
Executive Summary
Vacant 1,922 SF standalone building offering a straightforward acquisition opportunity for an owner-user or investor. The property is well-suited for repositioning, with concrete improvements, creating built-in leverage for price negotiation. Its vacancy allows immediate access for renovation or redevelopment planning. This offering is best suited for buyers seeking value-add potential rather than turnkey condition.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
1,922 SF
Building Class
C
Year Built/Renovated
1934/1990
Price
$235,000
Price Per SF
$122.27
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,922 SF
Slab To Slab
12’
Building FAR
0.27
Lot Size
0.16 AC
Zoning
C-1 - Commercial zoning.
Amenities
- 24 Hour Access
- Signage
- Storage Space
- Air Conditioning
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Accounting Associates Inc
- Professional, Scientific, and Technical Services
- -
- -
- -
- Christopher Lee Heglin
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Accounting Associates Inc | Professional, Scientific, and Technical Services | - | - | - | ||
| Christopher Lee Heglin | - | - | - | - |
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 020-03002000000 | Improvements Assessment | $60,600 |
| Land Assessment | $48,400 | Total Assessment | $109,000 |
Property Taxes
Parcel Number
020-03002000000
Land Assessment
$48,400
Improvements Assessment
$60,600
Total Assessment
$109,000
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1964 Indianola Ave
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