4931 Douglas Ave - Retail FOR SALE


Des Moines, IA 50310- Meredith
$750,000 USD
515-453-5429
4931 Douglas Ave, Des Moines, IA for Sale
$750,000 USD
Retail - FOR SALE
1/22
null | Request Cap Rate

4931 Douglas Ave
Des Moines, IA 50310
Meredith


HIGHLIGHTS

  • Includes a small warehouse area and loading dock for operational flexibility.
  • Lower level features offices and storage, supporting diverse business needs.
  • Located in a high-traffic corridor with 25,000 vehicles passing daily.
  • Strong surrounding demographics with high population and household income.

OVERVIEW

The property located at 4931 Douglas Avenue in Des Moines, Iowa, is offered for sale at $750,000. This freestanding retail building encompasses approximately 5,514 square feet and sits on a 0.49-acre lot. The site features a small warehouse area equipped with a loading dock, as well as a lower level that includes offices and storage space. The building is situated on the north side of Douglas Avenue, midway between Merle Hay Road and Beaver Avenue, within a neighborhood that comprises retail, commercial, and residential uses. The property benefits from an average daily traffic count of 25,000 vehicles along Douglas Avenue and is zoned MX1 (Mixed Use District), supporting a variety of potential uses. Demographic data indicates a strong local population and household income, with 13,485 residents and an average household income of $87,341 within one mile, expanding to 202,276 residents and $96,156 average household income within five miles.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$136 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,775 SF

ZONING

MX-1

APN/PARCEL ID

100-11198001000

ASK ABOUT THIS PROPERTY

Kevin CrowleyNAI Iowa Realty CommercialMore Info
515-453-5429

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Kevin CrowleyNAI Iowa Realty CommercialMore Info
515-453-5429

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