3700 9th St Des Moines, IA 50315-3046
- Turn key restaurants
- 2,580 SF
- 0.31 lot acres
Current Use by Public Records
- Jim's Coney Island / American Restaurant / Fast Food Restaurant
Property Details for 3700 9th St
- Year built
- 1988
- Construction
- STEEL FRAME
- Lot size
- 0.31 lot acres
- Property size
- 2,580 SF
- Zone code
- C-1
- Property type
- Turn key restaurants
- APN
- 010/05653-000-000
- APU
- 1005653000000
Description
This exceptional investment opportunity presents a vacant, freestanding restaurant building located at 3700 SW 9th Street in Des Moines, Iowa. The property, situated on a 0.37-acre lot at the corner of Walcott Avenue and SW 9th Street, boasts high visibility and accessibility. Built in 1969 and renovated in 1988, the 2,580 square foot, single-story building features a front counter server area and ample dine-in seating. The property includes some existing equipment. The RX1 Mixed Use zoning allows for a variety of uses. The location benefits from significant traffic volume, with an estimated 16,800 vehicles per day on SW 9th Street. Ample parking is available, with an estimated 45+ spaces. The property also features prominent pylon signage for enhanced visibility. This is an ideal opportunity for an established restaurant or a new concept looking for a high-traffic location in a thriving Des Moines neighborhood. The asking price is $350,000. The property is currently vacant and ready for immediate occupancy. The zip code is 50315, and the property is located in Polk County.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $265,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $278,000
- AI Estimate
- $241,000
Market price range: $196k - $575kMarket price range: $196k - $449k
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Location Insight
- Map
- Local Demand
- City
- Des Moines
- County
- Polk
- State
- Iowa
- Longitude
- -93.6261
- Latitude
- 41.5507
- CBSA code
- 19780
- CBSA name
- DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA