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3409 SW 9th St 3,200 SF 100% Leased Retail Building Des Moines, IA 50315 $550,000 ($171.88/SF)
EXECUTIVE SUMMARY
The property features a well-maintained exterior, ample on-site parking, and strong frontage for signage exposure. Currently configured for two tenants, it provides stable income with upside potential through lease-up or repositioning. Positioned along along a high-traffic retail corridor and surrounded by established neighborhoods, it's an outstanding opportunity for investors or owner-users seeking a well-positioned, easily managed asset.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
3,200 SF
Building Class
B
Year Built/Renovated
1955/2018
Price
$550,000
Price Per SF
$171.88
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.25 AC
Zoning
RX1
Parking
12 Spaces (3.75 Spaces per 1,000 SF Leased)
Frontage
79’ on SW 9th
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 010-05843001001 | Improvements Assessment | $61,200 |
| Land Assessment | $55,800 | Total Assessment | $117,000 |
PROPERTY TAXES
Parcel Number
010-05843001001
Land Assessment
$55,800
Improvements Assessment
$61,200
Total Assessment
$117,000
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3409 SW 9th St
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