3921-3925 14Th St Des Moines, IA 50313
- Lifestyle centers
- 5,500 SF
- 0.78 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 3921-3925 14Th St
- Year built
- 1960
- Lot size
- 0.78 lot acres
- Property size
- 5,500 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional investment opportunity presents a well-maintained, 5,500-square-foot retail shopping center and storefront located at 3921-3925 E. 14th Street in Des Moines, Iowa. The property, built in 1960 and recently updated, boasts a desirable location on a 0.78-acre corner lot, offering ample parking both in front and behind the building. Currently operating at 100% occupancy, this multi-tenant building features a strong mix of long-term tenants including The Broken Spoke Bar and Grill, Liberty Tax, Top Gun Painting, and Hair by Heatherly. The brick construction is situated in a high-traffic area, with 2022 daily traffic counts on E. 14th Street reaching 18,200 vehicles per day. Its strategic location is approximately half a mile north of Grand View College and one mile south of Interstate 35/80, providing excellent visibility and accessibility. The property is zoned MX3-V and benefits from its proximity to Seneca Plaza. This turnkey investment offers a compelling opportunity for immediate income generation and long-term appreciation. The asking price is $915,000. The single-story building is situated on a highly visible corner lot, making it an ideal investment for a discerning buyer seeking a stable and profitable retail property in a thriving Des Moines neighborhood.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Des Moines
- County
- Polk
- State
- Iowa
- Longitude
- -93.6002
- Latitude
- 41.632
