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Mixed-Use Retail 324 1st St 4,209 SF Retail Building Des Moines, IA 50265 $575,000 ($136.61/SF)



Investment Highlights
- Property is located within the Historic West Des Moines Boundary for Property Improvement and Regulatory Compliance Funds.
Executive Summary
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.
a Storage Outbuilding.
Property Facts Under Contract
Sale Type
Owner User
Property Type
Retail
Building Size
4,209 SF
Building Class
C
Year Built
1939
Price
$575,000
Price Per SF
$136.61
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.22
Lot Size
0.44 AC
Opportunity Zone
Yes
Zoning
VJC
Parking
6 Spaces (1.43 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 320-04525003000 | Improvements Assessment | $70,000 |
| Land Assessment | $222,000 | Total Assessment | $292,000 |
Property Taxes
Parcel Number
320-04525003000
Land Assessment
$222,000
Improvements Assessment
$70,000
Total Assessment
$292,000
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Mixed-Use Retail | 324 1st St
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