2440 Easton Blvd Des Moines, IA 50317-6448
This thriving Des Moines auto body shop, located at 2440 Easton Blvd, is offered for sale at $380,000. The 3,019 square foot building, constructed in 1951 and renovated in 1985, sits on a 12,918 square foot lot zoned MX3 Mixed Use District. The property features a large, open shop area with 8' and 9' tall drive-thru doors, perfect for accommodating various vehicles. Additional amenities include an air-conditioned office, a half bath, attached garage space for indoor storage, and a custom-built LED-lit downdraft paint room. The sale includes a comprehensive inventory of tools, ranging from an infrared drying arm and hoists to air compressors, paint tools, and a vast collection of hand tools. A new roof installed in 2023 significantly improves energy efficiency. The property also benefits from ample off-street parking and currently operates as a U-Haul rental facility for one truck. This turnkey opportunity presents a chance to acquire an established business with significant potential for growth in a desirable location. The property is owner-owned and consists of one building with one story.
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U-Haul Neighborhood Dealer Car Rental Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Des Moines, IADes Moines. Always verify with local authorities before improvements.
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Risks
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