224 SW 3rd St - Specialty FOR SALE


Ankeny, IA 50023- Outer Ankeny/Saylorville
$640,000 USD
515-205-1200
224 SW 3rd St, Ankeny, IA for Sale
$640,000 USD
Specialty - FOR SALE
1/11
null | Request Cap Rate

NEW



HIGHLIGHTS

  • Located in downtown Ankeny with excellent visibility
  • Historic sanctuary features stained-glass windows and balcony seating
  • Flexible floor plan supports institutional and community uses
  • Convenient access to Ankeny amenities and the Des Moines metro

OVERVIEW

Located in the heart of downtown Ankeny, 224 SW 3rd Street offers an opportunity to acquire a well-established institutional property within one of the fastest-growing communities in the Des Moines metropolitan area. The property benefits from a central location with visibility along a well-traveled downtown corridor, placing it near local businesses, civic destinations, residential neighborhoods, and the expanding commercial activity that continues to shape Ankeny's urban core. The building is currently configured as a church and features architectural character that distinguishes it from conventional commercial properties. The main sanctuary includes an auditorium-style gathering space accented by stained-glass windows and a balcony, creating a setting suitable for assembly, educational, community, or organizational uses. Supporting facilities include a lower level with a kitchen, multipurpose gathering area, and restrooms, providing flexibility for meetings, events, and support functions. An additional educational wing enhances the property's adaptability with multiple classrooms, office space, and additional restroom facilities. This layout supports a variety of owner-user or redevelopment strategies, subject to applicable approvals and zoning requirements. The combination of historic character, functional interior spaces, and a downtown location creates an attractive opportunity for organizations, institutions, congregations, and investors seeking a property with established infrastructure and long-term utility. Ankeny's continued residential and commercial growth, combined with convenient access to the greater Des Moines region, supports the property's relevance for a broad range of future uses.

FOR SALE DETAILS

PRICE

$640,000 USD

PRICE/SF

$69 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1898

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R-2

APN/PARCEL ID

181-00476000000

ASK ABOUT THIS PROPERTY

Jason RingRE/MAX PrecisionMore Info
515-205-1200

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Jason RingRE/MAX PrecisionMore Info
515-205-1200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.