Industrial Property in Des Moines

1631 2nd Ave, Des Moines, IA

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For Sale

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Fully occupied industrial property with long-term tenant in Des Moines.

Type:RETAIL

Property size:

9,409 SF

Lot size:

0.86 Acres

Price / SF:

$148/SF

HighLights

Fully occupied industrial property with a long‑standing, stable tenant.
Tenant recently renewed lease for 5 years starting November 2024, with an additional 5‑year renewal option.
Prime location on 2nd Ave in Des Moines, IA.
Exceptional investment opportunity due to tenant stability.
Includes a fenced‑in outdoor storage area.
Decades of tenant occupancy demonstrating property desirability.

We can help!

Listing Contact

Nathan Petsche

For Sale

Contact for pricing

Fully occupied industrial property with long-term tenant in Des Moines.

Type:RETAIL

Property size:

9,409 SF

Lot size:

0.86 Acres

Price / SF:

$148/SF

Added:: Dec 6, 2023
Days on Market:: 915
Last Refresh:: May 20 at 9:19 pm

Property Features for 1631 2nd Ave

General Information

Standard status: Active
Size: 9,409 SF
Lot size: 0.86 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Nathan Petsche

Listing agent Nathan Petsche License #S70663000

Listing office Ferguson Commercial Real Estate Services

Listing date Dec 6, 2023

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Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Ferguson Commercial Real Estate Services

HighLights

Fully occupied industrial property with a long‑standing, stable tenant.
Tenant recently renewed lease for 5 years starting November 2024, with an additional 5‑year renewal option.
Prime location on 2nd Ave in Des Moines, IA.
Exceptional investment opportunity due to tenant stability.
Includes a fenced‑in outdoor storage area.
Decades of tenant occupancy demonstrating property desirability.

Overview

This fully occupied industrial property is located on 2nd Ave in Des Moines, IA. The property offers an opportunity for investors, featuring a long-standing, stable tenant. The tenant is renewing for 5 years starting November 2024, with an additional 5-year renewal option. The property includes a fenced-in outdoor storage area adjacent to the building. The property size is 9409 square feet.

Property Profile Location Intelligence

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White Cap Building Supply

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Local Demand

City: Des Moines
County: Polk
State: Iowa
Longitude: -93.619
Latitude: 41.6089

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For sale
Warehouses
IA
Des Moines
1631 2nd Ave

What type of property is this?

Warehouse - Fully occupied industrial property with long-term tenant in Des Moines.

Where is this warehouse located?

The property is located at 1631 2nd Ave Des Moines, IA.

What is the asking price?

The asking price for this property is $1,400,000.

What are key features of this property?

This property features: Fully occupied industrial property with a long‑standing, stable tenant.; Tenant recently renewed lease for 5 years starting November 2024, with an additional 5‑year renewal option.; Prime location on 2nd Ave in Des Moines, IA.

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1631 2nd Ave, Des Moines, IA

Fully occupied industrial property with long-term tenant in Des Moines.

Property Features for 1631 2nd Ave

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Grand Avenue Multifamily Investment

Des Moines Multifamily Investment Opportunity

Updated Duplex in Des Moines

Turnkey Multifamily Investment

Des Moines Fourplex Investment Opportunity

Spacious Ranch Home with Potential

Converted Victorian Five-Unit Property

Income-Producing Multifamily Property in Des Moines

Seven-Unit Multifamily Investment

Des Moines Duplex Investment Opportunity

Duplex with Tuck-Under Garage

Des Moines Duplex: Income Potential

FAQs

1631 2nd Ave, Des Moines, IA

Fully occupied industrial property with long-term tenant in Des Moines.

Property Features for 1631 2nd Ave

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Grand Avenue Multifamily Investment

Des Moines Multifamily Investment Opportunity

Updated Duplex in Des Moines

Turnkey Multifamily Investment

Des Moines Fourplex Investment Opportunity

Spacious Ranch Home with Potential

Converted Victorian Five-Unit Property

Income-Producing Multifamily Property in Des Moines

Seven-Unit Multifamily Investment

Des Moines Duplex Investment Opportunity

Duplex with Tuck-Under Garage

Des Moines Duplex: Income Potential

FAQs

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