Technical
Financial
Distress signals
Property profile

1631 Main St Ankeny, IA 50023

OFF-MARKET
Retail properties & Spaces
2,179 SF
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 1631 SW Main Street in Ankeny, Iowa, within the vibrant District at Prairie Trail. The property boasts a total building size of 2,179 square feet, with 1,515 square feet currently available for lease. This represents a significant portion of a well-established commercial building in a high-demand location. The property is classified as a multi-tenant retail space, offering excellent potential for a variety of businesses. The expansive lot size of 1.031 acres provides ample space for customer parking and potential future expansion. Situated in Polk County, this property benefits from the strong economic growth and high population density of Ankeny, Iowa, and its convenient location on Main Street ensures high visibility and accessibility. The space is described as second-generation retail, suggesting existing infrastructure suitable for quick occupancy. The zip code is 50023. This property presents a rare chance to establish or expand a business in a thriving community with a strong retail presence. The available space is ideal for a variety of retail uses, offering a prime location with significant foot traffic and excellent visibility. The large lot size offers ample parking and potential for outdoor displays or seating. This is a turnkey opportunity for a business seeking a well-located and established retail space.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,179 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Loan Service
  • Specialty Food Shop Candy Store
  • Loan Service Bank
  • Art Studio Artistic Handicrafts

Location

1631 Main St Ankeny, IA 50023
Ankeny metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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