300 5Th StDes Moines, IA 50309

Property Details for 300 5Th St

Year built

2016

Construction

CONCRETE

Lot size

1.13 AC

Property size (Sq ft)

49,914 SF

Property type

Other commercial real estate

APN

020/01056-004-003

APU

2001056004003

Description

This exceptional turn-key restaurant in Des Moines, Iowa, is ideally situated at 300 SW 5th St, in the heart of the city, within walking distance of Principal Park and Court Avenue. The property boasts a flexible floor plan encompassing 415 to 2,953 square feet of interior space, perfect for a variety of culinary concepts. The main level features an open floor plan, a fully equipped central bar, an espresso machine, and a spacious mezzanine offering additional seating overlooking the dining area. A significant advantage is the expansive 3,015 square foot basement, complete with a prep kitchen and ample storage, including two walk-in coolers, freezers, stand-up refrigerators, and extensive shelving. The outdoor patio, spanning 415 square feet, provides convenient access to the interior. The property sits on a 49,209 square foot lot and benefits from its proximity to a high-density residential area, with approximately 10,000 apartments within easy walking distance, ensuring a robust customer base. The asking price for this exceptional opportunity is $200,000. This is a rare chance to acquire a fully operational restaurant with significant potential in a vibrant and desirable location.

• Alternative Use

  Use

  Valuation

  Residential

  $9,961,934

  Hospitality

  $9,125,078

  Educational

  $7,591,958

  Medical

  $7,853,056

  Retail

  $11,809,712

Location Insight

City

Des Moines

County

Polk

State

Iowa

Latitude

41.5813

Longitude

-93.6221

CBSA code

19780

CBSA name

DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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