Turn-Key Restaurant &
918 E Euclid Ave Des Moines, IA 50316
For Sale
Contact for pricing
For sale restaurant and bar with a fully equipped kitchen, bar layout, and included FF&E on a main thoroughfare.
Property Size1,944 SF
Price / SF$218.62
Days on Market77
Property Features for 918 E Euclid Ave
General Information
Standard status
Active
Size
1,944 SF
Property subtype
RETAIL
Listing Agency:
RE/MAX Concepts
(515) 290-2417
Listed By:
Adam Weltha
(515) 290-2417
Source:
Moodyscre
Added: May 14
Changed: Jul 27
Last Checked: Jul 28 at 2:07PM
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 RE/MAX Concepts
Investment Insights
Based on property information with market context.
For sale as a combined hospitality business and the underlying commercial real estate. The property is presented as a turn-key operation, with a fully equipped commercial kitchen, functional bar layout, updated POS systems, and included Furniture, Fixtures, and Equipment (FF&E).
The business and property sit on a heavily traveled main thoroughfare with exceptional street frontage. Dedicated parking is provided via an expansive private parking lot, supporting convenient customer access during busy periods.
Public remarks also describe historically strong net profitability, healthy margins, and consistent cash flow.
The business and property sit on a heavily traveled main thoroughfare with exceptional street frontage. Dedicated parking is provided via an expansive private parking lot, supporting convenient customer access during busy periods.
Public remarks also describe historically strong net profitability, healthy margins, and consistent cash flow.
Key Highlights
- Sale includes the restaurant/bar business plus the underlying commercial real estate.
- Located on a heavily traveled main thoroughfare with street frontage for drive‑by exposure.
- Dedicated private parking lot provides customer parking access.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.7k | $16.80 |
| − Vacancy | −$2.0k | −$1.01 |
| EGI | $30.7k | $15.79 |
| − OpEx | −$7.7k | −$3.95 |
| NOI | $23.0k | $11.84 |
1,944 SF · lease $16.80/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$328.9K
$287.8K – $383.8K
NOI $23,025 @ 7.0% cap · market cap 5.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$478.8K
$418.9K – $558.6K
NOI $33,514 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- The shag bar and grill — 4136 oxford st, des moines, ia 50313
- Stan's Part 2 — 4275 NW 2nd St, Des Moines, IA 50313
- Roys On 2nd Avenue — 4275 nw 2nd st, des moines, ia 50313
- The Shag — 4136 oxford st, des moines, ia 50313
- Vickies — 2801 2nd Ave, Des Moines, IA 50313
Frequently Asked Questions
What type of property is this?
Bar & Pub - For sale restaurant and bar with a fully equipped kitchen, bar layout, and included FF&E on a main thoroughfare.
Where is this bar & pub located?
The property is located at 918 E Euclid Ave Des Moines, IA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Sale includes the restaurant/bar business plus the underlying commercial real estate.; Located on a heavily traveled main thoroughfare with street frontage for drive‑by exposure.; Dedicated private parking lot provides customer parking access.
